Recent content by tbw1200

I have options for an annuity with leveling options for 62 to 67. For example, if I chose 62 the payment would be 5000 per month and reduced to 3000 per month when I turn 62. For 67, I would get 4500 per month and reduced to 2000 per month when I turn 67. It just seems like I could chose the 67...

Well, it seems as though you would be drawing the leveling payment and the SS at the same time for the years that you started drawing SS until the end of the leveling payment. Basically, I tell my employer that I'm not going to draw SS until 67, but really start at 63, so from 63 to 67 I would...

What is to keep you from using the leveling option from an employer until age 67, but start actually drawing SS at and earlier age (say 63)? This seems like a double dip and it seems like it would caught somehow.. Hmmm.. Any thoughts?