Posts Tagged ‘do-over strategy’

The Social Security Administration recently put the kibosh on a technique some retirees were using to boost their monthly benefits.

The Social Security Administration recently put the kibosh on a technique some retirees were using to boost their monthly benefits. But even though that loophole is essentially closed, experts say there are still plenty of ways households can legally maximize the amount of income they receive from Social Security. — MarketWatchThe risky strategy of the Social Security “do-over,” is no longer available, under new rules issued by the Social Security Administration in December. Few people took advantage of this loop hole, but here is basically how it worked: You claim benefits at an early age, and then years later repay…

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