I attached a link to an article regarding the budget proposal and Social Security. One sentence in the budget states, "the budget proposes to eliminate aggressive Social Security-claiming strategies, which allow upper-income beneficiaries to manipulate the timing of collection of Social Security benefits in order to maximize delayed retirement credits”.
I am not sure if I agree with the word “aggressive” in this statement. Currently, under the rules established by Social Security, they are different ways to claim benefits.
Please contact us if you would like us to run the calculation for you and see how you may be able to maximize your benefits before some of the options go away.
Andrei Jigalin, CFP®
Financial Advisor offices in Novato and Santa Rosa, CA