Independent Financial Planning Blog
Every financial advisor worth his or her salt knows the sublime benefits of the well-known and easily-confusing social security strategy called “File-and-suspend.” The strategy was for the higher wage earner to file for benefits but elect to suspend receiving them and so earn deferred retirement credits.
Social Security for millions of Americans will end up being one of their largest assets if you add together all the benefits an individual will receive over his or her lifetime. So it’s unfortunate but no surprise to Independent Financial Planning that nearly half of Americans make the big mistake of taking social security benefits early.
Independent Financial Planning, LLC is a Virginia registered investment advisor.
