Social Security’s Claim Now, Claim More Later Strategy
See how you can take smaller Social Security benefits today in exchange for greater benefits later.
Due to legislation signed on November 2, 2015, this strategy will be phased out. Individuals must have turned 62 by the end of 2015 to still be eligible to file a restricted application.
This Social Security filing strategy allows couples to collect some benefits today while collecting even more later. Watch this video for an illustrated example to help you visualize how it works and learn more about this filing method.
Want to learn more? Download our guide, Social Security Simplified: Select the Right Options to Help Maximize Your Income, to make more-informed decisions around your Social Security benefit, including:
- Your options for claiming Social Security.
- How each option can significantly affect your benefits.
- Five key considerations when evaluating your Social Security options.