Social Security is changing. The deadline is April 29, 2016.
You’ll remember that Congress and the President changed some of the Social Security rules last November.
Here are the changes in a nutshell:
- “File and Suspend” strategy eliminated – The filing deadline is April 29, 2016 if you still need to use this.
- “Restricted” filing will be eliminated.
BOTTOM LINE – If you’re in one of the below categories call me so we can determine the effects on your future Social Security.
- If you’re already 66 or will turn 66 by May 1, 2016 and haven’t filed, you have time to use the old rules. This may or may not be to your advantage.
- If you were 62 by the end of last year (2015).
If you need to check on your options it just takes some basic information to produce a report for you and we’ll know what’s best. Don’t hesitate to call if you’re in doubt.
To Your Best 2nd Half,
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. No strategy assures success or protects against loss.
