Ask Larry

Will The Election Affect My Benefits?

I plan to start SS benefit at the end of 2017 when I turn 70.
is it possible that Trump will change anything that might affect my benefit amount?

Hi,

I'd be shocked if anything changed that would justify you changing your filing plans. Probably the most likely future change that could affect you would be an adjustment in the formula for cost of living increases, but that would affect everyone the same regardless of when they started drawing benefits.

Best, Jerry

Category: 
Posted: 
Jan 9 2017 - 7:00am
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