Restricted Application Social Security Strategy Is on Its Way Out
by Rachel L. Sheedy, Editor, Kiplinger's Retirement Report
Jan 02, 2019
3 minutes
Baby boomers turning full retirement age in 2019 are the last class that can take advantage of a valuable strategy. The strategy lets a beneficiary restrict an application to spousal benefits only, giving the beneficiary some Social Security income now while allowing his or her own retirement benefit to grow 8% a year until age 70. If you are a boomer who qualifies, it behooves you to take a good look at when you
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