Always Exceptions When Advising Clients
In most cases, I recommend that the higher earning spouse delay claiming on their own record until they reach age 70. There are 2 main reason for this recommendation, #1 I want to capture the delayed credits of 8% per year between FRA and 70 and #2 Upon the death of either spouse the surviving spouse inherits the greater of the two benefits, but not both. Now this strategy works best; A: When both individuals worked and have their own benefits B: When one spouses Continue reading →