How Married Couples Can Coordinate Claiming Strategies to Maximize Lifetime Income
This could be a game changer for your Social Security benefits.
How Married Couples Can Coordinate Claiming Strategies to Maximize Lifetime Income
Overview
Married couples have a unique opportunity to maximize their household Social Security benefits by coordinating their claiming strategies. But too often, couples treat the decision about when to apply for benefits as an individual one, and they wind up with less than they deserve as a result.
All it takes to avoid this mistake is a quick sit-down with your spouse and an understanding of a few key factors that affect your checks. Here's a look at three common scenarios, and how you may want to approach them.
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Details
Source
Originally published at www.fool.com.
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