It’s important to know everything you can about Social Security; this will help ensure you make the most of the program. Here are three rules The Motley Fool points out to be aware of, no matter how unusual they seem:
- Working after full retirement age does not affect benefit payments, no mater how much is earned. However, earning a certain amount before full retirement age can lead to penalties.
- It is not possible to earn delayed retirement credits on spousal benefits.
- Divorced individuals may be able to collect spousal or survivor benefits.
Social Security is a complex program with a variety of rules and jargon for individuals to comb through. Luckily, we are here to help. With posts varying from survivor benefits to taxes on benefit payments, we have simplified a lot of information to help you navigate Social Security as best as you can.
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