Social Security, our nation's beloved institution, has a dark side: It determines and pays out benefits only to claw them back years or decades later, because of its own mistakes. Social Security is in the process of clawing back $21.6 BILLION!
The demands range from $100 to over $100,000. Clawback victims can be the elderly living solely on Social Security, retired schoolteachers, or 5 year-old orphans collecting survivor benefits.
Watch the 60 Minutes exposé on clawbacks by Anderson Cooper including interviews with our founder, Dr. Laurence Kotlikoff:
If you aren't yet collecting:
Use Maximize My Social Security to make sure you get what's yours. Our tool is the most comprehensive and accurate Social Security benefit calculator available. There is no reason to worry about being over or underpaid. Tens of thousands of households have used Maximize My Social Security to get precisely what's theirs.
If you are already collecting:
Use Maximize My Social Security to check that you aren't being overpaid or underpaid. Our tool is designed to let current recipients check they are receiving the correct amount. It's no good being overpaid now only to receive a huge clawback bill down the road. On the other hand, Social Security may not be paying you all benefits to which you are eligible.
Whether you are collecting now or down the road, Maximize My Social Security will also tell you what benefits to take and when to take them to maximize your lifetime benefits.
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Maximize My Social Security is web based, easy to use, and secure. It does not require your social security number.
Learn more about how to avoid clawbacks—watch these tips from 60 Minutes: