Only people born on or before Jan. 1, 1954, have the right to file a restricted claim for spousal benefits.
Advisers will need to act to help clients navigate what is potentially a looming financial crisis
Advisers can help couples prepare today for survivorship and health care costs
Benefits and taxable wages will increase by one of the smallest amounts ever next year
if you receive a pension from a government job, including public school teachers in about a dozen states, your Social Security benefits may be reduced.
Retirees may be able to save money by reviewing new options for Medicare Advantage and drug plans for next year
The grandson is entitled to dependent benefits until he turns 18 or 19 if he is still in high school.
Although retirement benefits earn delayed credits for every year a worker postpones claiming them up until age 70, spousal benefits do not.
That adjustment for next year would be small, but higher than previously expected
Unfortunately, clients can’t switch to a spousal benefit and allow their own retirement benefit to continue to grow until 70 for a few reasons.
