With over 30 years of retirement and estate planning experience, Attorney/CPA James Lange and his team have drafted more than 1,800 wills and trusts. "synopsis" may belong to another edition of this title. Social security, retirement, Bipartisan Budget Act, BBA, SS, benefit, social security benefits, apply and suspend, file and suspend, restricted application, social security secrets, james lange, little black book, government retirement benefits, social security strategies, social security strategy, surviving spouse, spousal benefits, social security choices
Making larger Roth IRA conversions in a lower tax bracket. 
Using the claim now, claim more later method (also known as a restricted application). Providing your spouse with a 32% increase (plus the cost of living) in her survivor s benefits for the rest of her life. The easy way to increase your Social Security check 8% a year. If you are the higher earner and you make the right choices, your spouse will be eligible to receive a survivor s benefit which, at maximum, will be as high as your own benefit amount. What many people do not realize is just how important it can be to the surviving spouse. If you were at least 62 years old as of December 31, 2015, you will be able to file a Restricted Application for Benefits until December 31, 2019.Ĭlearly, maximizing Social Security benefits is to your advantage. However, the second strategy, called a Restricted Application for Benefits, is still available and it allows you to file for benefits and specify that you only want to receive whatever spousal benefit to which you might be entitled. The first strategy, Apply & Suspend has already been eliminated. If you want to be a Planner and not a Rusher, please read this book.īecause a certain provision buried in the fine print of the Bipartisan Budget Act of 2015 eliminates the two strategies: Apply and Suspend and Restricted Applications for Benefits. 
The Planners, however, took the time to read this short little book, implemented the recommended strategies, and when the Rushers were barely scraping by, the Planners were living comfortable in retirement.
The Rushers didn't read this book and during retirement, they ran out of money. There were two married couples, the Rushers and the Planners, with identical earnings records and investments. This Book Can Help You Collect Larger Social Security Checks!
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