 |
|
|
|
|
 |
|
« Credit card reform | Main | New HSA limits »
The "claim and suspend" Social Security move
Posted by Chris Farrell on Friday, May 29, 2009
This could be a financial boon to a number of retirees. Many older people on Social Security have been forced by the bear market to go back to work. If that's you, you can "claim and suspend" your benefits. You'll get a higher benefit when you resume receiving Social Security. The strategy can also enhance benefits for one-earner couples. The details of "claim and suspend" are spelled out in a brief by the Center for Retirement Research at Boston College. The link to the full paper is here
Latest posts
Madoff sentenced to 150 years in jail"Febezzlement"
A lost decade?
Missing Warren Buffett
Zweig on Bernstein
The older worker
The Graduate, updated
Real estate investment is risky
Short sighted management?
Nussbaum on design
Topics
Latest comments from recent posts
The economics of global climate change (2)Doug Stewart wrote: Nothing will work if the world's human population growth is ... [read]
The "claim and suspend" Social Security move (1)
Dr.Sivam Chandrasekhar wrote: I was born in February 1943 and immigrated to the US this Ju... [read]
A turnaround? (2)
premium finance wrote: nice post!! To be sure, the closer you look at any one init... [read]
Intriguing investment advice (1)
Portfolio Management wrote: Great Post. I am Sick of this Post Actually, I agree some o... [read]
Good News on the Mortgage Front (1)
colorado Home mortgage wrote: Now wish it was happening now... [read]
Archives
| S | M | T | W | T | F | S |
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | ||
| 6 | 7 | 8 | 9 | 10 | 11 | 12 |
| 13 | 14 | 15 | 16 | 17 | 18 | 19 |
| 20 | 21 | 22 | 23 | 24 | 25 | 26 |
| 27 | 28 | 29 | 30 |
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
Appearances and Worthwhile Events
Policy and a Pint: Health Care HandcuffsMore From
Chris Farrell
Marketplace Money's Money Clip Video
How Alan Helped Ben (BusinessWeek.com)
Other Blogs
Andrew TobiasAngry Bear
Becker-Posner Blog
Brad DeLong
Cafe Hayek
Calculated Risk
Econbrowser
Economics Unbound
Economists View
Financial Rounds
Finance Roundtable
Greg Mankiw's Blog
Hot Property
Marginal Revolution
New Economist
TaxProf Blog
The Big Picture
Vox Baby
Books by
Chris Farrell
Right on the Money!: Taking Control of Your Personal Finances
Deflation: What Happens When Prices Fall
Recommended Books
Against the Gods: The Remarkable Story of Riskby Peter L. Bernstein
A Random Walk Down Wall Street
by Burton Malkiel
The Little Book of Common Sense Investing
by John Bogle
Common Stocks and Uncommon Profits
by Phillip Fisher
The Intelligent Investor
by Benjamin Graham
More Than You Know: Finding Financial Wisdom in Unconventional Places
by Michael Mauboussin
Smart and Simple Financial Strategies for Busy People
by Jane Bryant Quinn
Stocks for the Long Run
by Jeremy Siegel
The Random Walk Guide to Investing: Ten Rules for Financial Success
by Burton Malkiel
The Only Investment Guide You'll Ever Need
by Andrew Tobias
Unconventional Success: A Fundamental Approach to Personal Investment
by David F. Swensen
Comments (1)
July 21, 2009 10:31 PM
I was born in February 1943 and immigrated to the US this June.I had immigrated earlier in 1968 and stayed in the US till 1975,contributing to social security.I had to leave for personal reasons and am back again in the US where both my children have settled down permanently.
I plan to enter the labor force and contribute to social security through my earnings at least for the next few years.
In the "claim and suspend" social security move, what is the enxt step that I need to take to avail of the maximum benefits for health insurance and other benefits?