Q. I remember reading an article that you published last fall about The Bipartisan Budget Act of 2015, where you mentioned that the end of file-and-suspend would be happening in six months. I am concerned about the impending deadline. Can you explain exactly when it is and what it means for those who would still […]
When it Comes to Social Security, what does “File and Suspend” Mean?
Dear Baxter, My neighbor mentioned something about a “file and suspend” strategy for Social Security to boost retirement income? Can you explain what that means? Thanks! Clay Min Stratagees — Dear Clay, For married couples, a Social Security claiming strategy known as “file and suspend” may help to boost their retirement income. How it works: A person […]