Social Security~ Pays to delay says Scott Burns - Page 4

OAG · 11-24-2007, 04:30 PM

If you die you will not care unless your DW or DH left behind could benefit from the higher level of payout.

Latest statistic I saw regarding this is the SSA does these about 100,000 times a year.

Have yet to look at the numbers but a tax deductible HE or HELOC may also be a pretty good solution to the payback - which would leave the invested benefit to continue to grow.

New Thinking · 11-25-2007, 12:58 PM

Quote:

I had taken SS at age 62 and now see that I have sufficient funds to just repay SS and stop current benefits. Then I will wait until I need the funds or age 70 whichever happens first.

RWood - If you are married, you should consider the strategy mentioned in last weekend's big WSJ article on Social Security. Once you hit your Full Retirement Age, file only for spousal benefits based on your wife's work record. You could receive these assuming she has filed for her worker benefits..These would cease at age 70, once you file based on your work record..Great strategy that I was previously unaware of. I did confirm it this week with the SSA. Don't leave money on the table.

OAG · 11-25-2007, 02:08 PM

NT-I will try to find the article.

OAG · 11-25-2007, 02:11 PM

NT-Thanks I located the article and will take a look.

pfpelican · 11-26-2007, 12:31 PM

Would you please post the link? thanks...

Robert the Red · 11-26-2007, 01:12 PM

Probably this?
The Baby Boomer's Guide To Social Security - WSJ.com

11-24-2007, 04:30 PM	#61
OAG Thinks s/he gets paid by the post Join Date: Jun 2006 Location: Dublin, Ohio Posts: 1,773	If you die you will not care unless your DW or DH left behind could benefit from the higher level of payout. Latest statistic I saw regarding this is the SSA does these about 100,000 times a year. Have yet to look at the numbers but a tax deductible HE or HELOC may also be a pretty good solution to the payback - which would leave the invested benefit to continue to grow. __________________ Proud Vietnam Veteran: Cu Chi 66, 1/25th, HHC 25th and Pleiku 66-67 41st Sig Bn 1st STRATCOM

11-25-2007, 02:08 PM	#63
OAG Thinks s/he gets paid by the post Join Date: Jun 2006 Location: Dublin, Ohio Posts: 1,773	NT-I will try to find the article. __________________ Proud Vietnam Veteran: Cu Chi 66, 1/25th, HHC 25th and Pleiku 66-67 41st Sig Bn 1st STRATCOM

11-25-2007, 02:11 PM	#64
OAG Thinks s/he gets paid by the post Join Date: Jun 2006 Location: Dublin, Ohio Posts: 1,773	NT-Thanks I located the article and will take a look. __________________ Proud Vietnam Veteran: Cu Chi 66, 1/25th, HHC 25th and Pleiku 66-67 41st Sig Bn 1st STRATCOM

11-26-2007, 12:31 PM	#65
pfpelican Recycles dryer sheets Join Date: Jun 2006 Posts: 229	Would you please post the link? thanks... __________________ Old Guys Rule

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11-26-2007, 01:12 PM	#66
Robert the Red Recycles dryer sheets Join Date: Aug 2005 Posts: 290	Probably this? The Baby Boomer's Guide To Social Security - WSJ.com

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