By Sidney Kess
The CPA Journal
October 2019
Making Social Security decisions is relatively simple for seniors filing single tax returns. Assuming modest or no earned income, retirement benefits can begin as early as age 62. By age 70, however, the waiting game must stop; seniors who begin then receive the maximum benefit. Regardless of the starting date, Social Security payments generally increase each year, to keep up with inflation, and they last for the recipient’s lifetime. This article will discuss the benefits of Social Security, including how Social Security decisions become more complex for married couples.
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Published with permission from The CPA Journal.
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