TITLE

Smart Social Security strategies

PUB. DATE
December 2013
SOURCE
Consumer Reports Money Adviser;Dec2013, Vol. 10 Issue 12, p8
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article offers recommendations for optimizing U.S.. Social Security benefits for retirement income. It is noted that average monthly benefits for life increase by eight percent for each year a person delays receiving retirement benefits. Other topics include the longevity risk of living beyond one's savings, file-and-suspend method of maximizing spousal Social Security benefits, and cost-of-living adjustments (COLAs).
ACCESSION #
91761528

 

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