What’s Your Check Out Date?
The number 1 question I’m always asked when it come to claiming Social Security is “When should I claim my benefits?” My answer is simply “What’s your check out date?” or a better follow-up question is “what is yours and your spouses Joint Check out dates?” Since the surviving spouse inherits the greater of the two benefits, its of utmost importance if longevity runs in either side of the family to have the higher earning spouse delay until 70 before claiming. 2021 SSA Trustee Actuarial Continue reading →