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, MarketWatch                                                                               With nearly 10,000 people turning 65 every day over the next 20 or so years,, it’s not hard to imagine a new reality show called “Extreme Social Security Claiming Strategies and Tactics”, especially in the wake of news that beneficiaries will be getting just a 1.7% increase in their benefit in 2013. That show, sadly,ugg boots, is not yet a reality. But what is real is this: There are a dozens of lesser known, often overlooked Social Security claiming strategies and tactics that are worth sticking in your back pocket, just in case there’s an audition call. And case in point No. 1 is what Bill Meyer refers to as the “rat holes,” the ages at which a single retiree should never, ever, ever claim Social Security. Or at least not claim Social Security if they want to maximize the present value of their Social Security benefits. Read related story:. Single retirees whose full retirement age (FRA) is 66 and who aren't affected by the earnings test should not claim Social Security in any month near FRA nor three years prior to FRA, according to Meyer, who is the co-author of “Social Security Strategies: How to Optimize Retirement Benefits,ugg boots sale,” and CEO of Social Security Solutions, Inc. And the reason, according to Meyer, has to do with the pattern of reductions in benefits for beginning benefits before FRA and delayed retirement credits for delaying benefits until after FRA. “If the single retiree begins benefits at FRA, she (or he) receives his Primary Insurance Amount or (PIA),” Meyer wrote in a recent paper. “If she begins benefits before FRA then her benefits are decreased by 5/9 percent of PIA per month for the first 36 months plus 5/12 percent of PIA for each additional month. Delayed retirement credits are 2/3 percent per month for each month benefits are delayed from FRA to 70.”                                                                               And, without going to deep into the weeds, that math causes what Meyer refers to as the “rat holes,” those ages at which single retirees should not claim Social Security. In essence, what happens is this: The total value of your stream of Social Security benefits—the present value—would be greater if you didn’t claim at FRA or three years prior to FRA. There are plenty more of these little-known and underused claiming strategies and tactics,Ugg Boots Sale UK. Here’s a look at some of them. Benefits for minors and spouses                                                                              In a relatively rare instance when a worker claims Social Security and is married to someone who is taking care of a child under the age of 16 or taking care of a disabled child, that spouse can collect 50% of the benefits regardless of the spouse’s age, said Lita Epstein, author of The Complete Idiot’s Guide to Social Security. And if the worker dies, the spouse’s benefit, even if the spouse is younger than 62, would increase to 75% as long as he or she is still caring for children under the age of 16, she said. In addition, Epstein said, unmarried children under the age of 18 (or up to 19 if they are attending elementary or secondary school full time) are eligible for benefits if their parent is retired, disabled or deceased. “An eligible child can be a biological child, an adopted child or a stepchild,” she said. “And, a dependent grandchild can also qualify. To be fair,ugg boots uk sale, there is a limit to the total amount a family can receive on a worker’s benefit, Epstein said. And the limit varies depending on individual circumstances,Cheap Ugg Boots, but is around 150% to 180% of a worker’s Social Security benefit. “If the total for dependent family members is greater than the family limit, the amount each family member receives is reduced proportionately,Cheap Ugg Boots,” Epstein said. “The worker’s benefit is not affected by this adjustment. Dennis Heywood, the owner of Social Security Solutions, gave this example: If the wage earner’s age 66 benefit is $2,000 per month, the family maximum benefit would be about $3,400. The wife and children would receive half of the $2,000 up to $3,uggs on sale,400 per month total for the family. He would get $2,000 while the wife and children would split the $1,400. Along the same lines, Heywood said another strategy is for grandparents who adopt a grandchild. “The grandchild is eligible for child’s benefits when the adoption is final,ugg boots cheap,” Heywood said. Overlooked survivor benefits                                                                              Since the earliest age of retirement is 62, most people believe this applies to survivors as well, according to Donna Clements, a manager with Social Security and Medicare Services at Mercer. “A surviving spouse can receive benefits at age 60—assuming there are no eligible children,” said Clements. “This is two years earlier than for retirement and can be a major financial windfall, particularly if the surviving spouse did not work.”                                                                              Another overlooked benefit in the case of survivor benefits is this: A surviving-divorced spouse qualifies for a benefit if the marriage lasted at least 10 years, according to Clements. “The benefit is the same as the current surviving spouse but is not included in the family maximum, unless the benefit is based on caring for the worker’s eligible child. If the surviving-divorced spouse remarries before age 60, benefits aren't payable unless (and until) the subsequent marriage ends. Remarriage after age 60 does not stop entitlement to benefits,ugg boots sale.” Related articles：  but were mostly higher at the European close. Until those dates come and go 100 clients throughout the Reno-Sparks area. 