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New Social Security rules
Fidelity.com ^ | 11/04/2015 | Fidelity

Posted on 11/24/2015 8:27:50 PM PST by FR_addict

A new law means that two claiming strategies will be off the table in the coming months.

The recent budget agreement did more than authorize the federal government to engage in additional borrowing, it also changed the rules for claiming Social Security. Going forward, two claiming strategies that had given some couples the potential for higher lifetime benefits will no longer be available.*

Closing the door on two strategies

What do you need to know? Social Security strategies are built around the fact that you can start to claim benefits as early as age 62, but if you defer, the benefit can grow—up to age 70. Each year you delay Social Security in that time frame, your monthly benefit will grow by as much as 8%. That growth adds up—a monthly benefit could be 75% more if benefits start at age 70 instead of age 62.

In addition to the basic question of timing, couples have additional choices, because an individual is entitled to his or her own benefit or a spousal benefit. ...

(Excerpt) Read more at fidelity.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: socialsecurity
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I guess they decided to take the money from seniors to pay for the single male fighting age Muslim refugees to come into the country and start receiving benefits.

And they wonder why Trump is gaining momentum.

1 posted on 11/24/2015 8:27:50 PM PST by FR_addict
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To: FR_addict

Seems like the screw is in:

Screw the Vet

Screw the old folks

Screw the American people


2 posted on 11/24/2015 8:36:32 PM PST by doc1019 (Out of my mind ... back in 5)
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To: doc1019

SS has always been a fraudulent ponzi scheme. I’m amazed that it has lasted as long as it has.


3 posted on 11/24/2015 8:48:09 PM PST by Paladin2 (my non-desktop devices are no longer allowed to try to fix speling and punctuation, nor my gran-mah.)
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To: Paladin2

At my age (69), I hope it last a few years longer.


4 posted on 11/24/2015 8:49:51 PM PST by doc1019 (Out of my mind ... back in 5)
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To: FR_addict

Flippin’ Kenyan bastard. He absolutely hates Americans. I guess that’s why the retarded, dumbass commie libs elected him. Twice. Hey Bonzo! That’s not who WE are!


5 posted on 11/24/2015 8:53:06 PM PST by FlingWingFlyer (Carlyle Begay. More bad news for the Clintonistas and the Democrats.)
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To: FlingWingFlyer
Flippin' Kenyan bastard. He absolutely hates Americans.

Remember that all this had to pass both houses of Congress. Obama had many co-conspirators.

6 posted on 11/24/2015 8:58:26 PM PST by Leaning Right (Why am I holding this lantern? I am looking for the next Reagan.)
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To: FlingWingFlyer

Yeah, he always likes to lecture us on “who we are”. Well, the little communist %&#$ doesn’t have a clue who we are and he sure doesn’t speak for me.


7 posted on 11/24/2015 9:01:43 PM PST by Bullish (Face it, insanity is just not presidential.)
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To: doc1019

SS has gotten dems elected for years, the young people are going to get the shaft.


8 posted on 11/24/2015 9:02:57 PM PST by Big Horn (Rebuild the GOP to a conservative party)
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To: Bullish

This scumbag is the first person ever to sit on his ass in the White House who has absolutely NOTHING in common with me and most other AMERICANS. At least Slick Willie liked the Beatles and I did too. That’s one thing we had in common.


9 posted on 11/24/2015 9:05:42 PM PST by FlingWingFlyer (Carlyle Begay. More bad news for the Clintonistas and the Democrats.)
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To: FlingWingFlyer

Clinton admired the fairer sex. Perhaps not always in the best way, both within and outside of marriage, but it is at least some point of commonality.


10 posted on 11/24/2015 9:08:40 PM PST by Hieronymus ( (It is terrible to contemplate how few politicians are hanged. --G. K. Chesterton))
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To: FR_addict

Yes I think it was 150 billion. When in doubt rip off Social Security.


11 posted on 11/24/2015 9:13:40 PM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: Big Horn

Us old farts are already getting the shaft ... I got a $4.00 raise this year and my cost of living went up 37%.


12 posted on 11/24/2015 9:14:17 PM PST by doc1019 (Out of my mind ... back in 5)
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To: doc1019; All

In short, every single thing obama has done has a primary or secondary goal to kill off white people, in particular elderly and sick white people. This is his transforming the country.


13 posted on 11/24/2015 9:18:39 PM PST by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: FlingWingFlyer

“At least Slick Willie liked the Beatles and I did too. That’s one thing we had in common.”

I hate to say it but the Obamanation of Desolation makes Slick Willie look good.

Slick, when his party lost an election moved to the center and became about as conservative G.W. Bush

I hated Slick at the time but he looks so much better now. Slicks real flaw was his wife.


14 posted on 11/24/2015 9:19:20 PM PST by Fai Mao (Genius at Large)
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To: doc1019
Seems like the screw is in: Screw the Vet Screw the old folks Screw the American people

True, but on the lighter brighter side liberal elites have plenty of money to bring in thousands of Syrian 'refugees'... AND according to Drudge we have the money to arm ISIS.

15 posted on 11/24/2015 9:19:48 PM PST by GOPJ (Bill Clinton needs to apologize for the rape of Juanita Broaddrick. Hillary needs to apologize too.)
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To: Fai Mao

I agree.


16 posted on 11/24/2015 9:31:20 PM PST by FlingWingFlyer (Carlyle Begay. More bad news for the Clintonistas and the Democrats.)
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To: Leaning Right
Remember that all this had to pass both houses of Congress. Obama had many co-conspirators.

Flippin' Kenyan bastard. He absolutely hates Americans.

17 posted on 11/24/2015 9:41:08 PM PST by stormhill
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To: doc1019

Yep.


18 posted on 11/24/2015 9:47:59 PM PST by laplata ( Liberals/Progressives have diseased minds.)
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To: GOPJ

Plus 150 billion to iran so they can build nuclear weapons and kill us all


19 posted on 11/25/2015 3:01:41 AM PST by ronnie raygun
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To: FR_addict

Placemark


20 posted on 11/25/2015 3:30:08 AM PST by Guenevere (If.the foundations are destroyed, what can the righteous do....)
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