Wednesday, October 28, 2015

File-and-suspend and other Social Security strategies clipped

Congress patches Social Security, Medicare

Article Excerpt: "...File-and-suspend and other Social Security strategies clipped. Closes some loopholes in Social Security's rules about deemed filing, dual entitlement and benefit suspension in order to prevent individuals from obtaining larger benefits than Congress intended. The new rules affecting dual entitlement affect people who turn 62 after 2015. Rules eliminating benefit suspension will take effect 6 months after the new law is approved..."



Resource: www.bankrate.co

filing a restricted application (Social Security), file-and-suspend (Social Security),