Filing Strategies

Do I Have My Planning Correct?

Larry, my wife and I are both retired, with combined pensions netting us $4300 a month, and a decent IRA that we plan on using only for emergencies and travel in the future. My wife is 61, and I am 60. We want one of us to take SS at 62 to supplement our retirement income and allow us more freedome to travel. My family health history would indicate that I will not live to be super old, and I want to make the decision based on insuring my wife is in the best position should I die first, before FRA even.

Should I Start My Benefits Early If I Have Minor Children?

I am 66, qualify for full SS benefits and have two young kids. ages 8 and 11. Should I apply for benefits now in the hope of collecting the extra benefits associated with minor children or should I wait until age 70 when the children will be 12 and 15 years of age?


I can give you some pros & cons, but ultimately only you can decide what's best for you and your family.

Should I File At FRA Instead Of Age 70 Because Of Potential Benefit Cuts?

I am 65 and my wife is 64. I am fortunate to have some other sources of income, so I had planned to wait until age 70 to maximize my SS benefit.

I am reading more and more (and more) articles that SS may be forced to cut benefits in the future (around 2035?) because of a shortfall in funds because they are starting to pay out more in benefits than they are taking in.

How Do I Calculate The Tax Advantages Of Claiming SS Early, And How Do I Maximize Medicare?

my question is fairly basic, i am single so there is no spousal concerns. i have two rental homes so i assume that is passive income, they are managed by a property management company. i have roughly 600K in savings, 100 in non tax deferred and about 500 in 401K assets. i am currently 63. my question is two fold, how do i calculate the tax advantages of claiming SS early, or delaying taking benefits, and how do i maximize medicare as well as SS when i claim? i really don't see many people addressing this. tax efficiency is my primary concern.

Should I Consider Changing My Future Plans?

I will be 65 in August of this year. My second husband passed away after 8 years of marriage. I have been receiving widows benefits since I was 60. I'm still working so it has been only 3 or 4 payments a year. I was told it wouldn't make any difference in my SS benefits if I took the widow's benefits and could stay on them as long as I wanted to. I plan to retire at age 65 and continue with the survivor's benefits and then switch to my own social security at my full retirement age of 66 yrs and 2 mos. I am divorced from my first husband of 17 years. He is remarried.

Would Filing For Her Benefits At Age 62 Affect What My Wife Can Draw Once I Claim My Benefits?

I am 65 years of age and plan to claim my SS benefit at 66 & 2 months to get my normal benefit. My wife will soon be 62 and has earned a SS benefit that is substantially lower than mine as she worked minimally while we reared three children. My question relates to her filing for benefits at age 62. Will this in any way affect what she can draw once I begin claiming a benefit as well? When she reaches her full benefit age, will she be able to then claim the spousal benefit of 50% of my benefit? Will her claiming a benefit at age 62 affect her widow benefit? Thank you.