When it comes time to begin collecting Social Security, you want to maximize your benefits. But to do so, there are decisions to make and several moving parts to consider, such as: when to begin collecting, tax implications, spousal benefits, and how social security benefits relate to eligibility for Medicare and disability benefits.
Having a strategic plan in place facilitates that decision-making process and will help ensure you properly fund your retirement goals for the rest of your life.
In this article, we’ll outline:
- Some basics about how social security works
- 4 considerations to choose the right time to claim Social Security benefits
- Strategies to avoid mistakes and boost retirement income
Read the full article on the PBMares Wealth Management website.