Planning Matters (March 2019) – Time Is Running Out for Certain Social Security Claiming Strategies
David Cechanowicz | March 31, 2019
The universe of potential Social Security retirement benefit claimants is divided into two groups that are separated by one date: January 2, 1954. All individuals who were born on or after that date are limited to one Social Security benefit claim when it comes time to file for benefits.
Married (or formerly married) workers born prior to that date have the potential ability to claim one Social Security benefit while allowing the second, the larger benefit, to grow by up to 32% before claiming it. Read more.
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