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Theinformationpresentedhereisnotspecictoanyindividualspersonalcircumstances.Totheextentthatthismaterialconcernstaxmattersitisnotintendedorwrittentobeusedandcannotbeusedbyataxpayerforthepurposeofavoidingpenaltiesthatmaybeimposedbylaw.Eachtaxpayershouldseekindependentadvicefromataxprofessionalbasedonhisorherindividualcircumstances.Thesematerialsareprovidedforgeneralinformationandeducationalpurposesbaseduponpubliclyavailableinformationfromsourcesbelievedtobereliablewecannotassuretheaccuracyorcompletenessofthesematerials.Theinformationinthesematerialsmaychangeatanytimeandwithoutnotice.ResourceBankdoesnotprovidetaxorlegaladvice.Copyright2014.ZywaveLPallrightsreserved.SurvivorsAsmentionedhavingthehigherwageearnerinamarriagewaituntilage70totakebenetscansecurethemaximumbenetamountforeitherspouseshouldonesurvivetheother.Howeverinsomecasesofanearlierdeaththesurvivorsbenetcanbeusedtoasignicantadvantage.AsurvivorsadvantagewithSocialSecuritycomesfromthesurvivorsbenetbeingtreatedseparatelyfromhisorherpersonalbenet.AsurvivorisentitledtothedeceasedsfullbenetathisorherFRAortakereducedbenetsstartingasearlyasage60.Asurvivorisalsoallowedtoswitchfromsurvivorbenetstopersonalbenetswheneverheorshewouldlike.Thismeansthatapersoncanbeginreducedsurvivorbenetsatage60andthenswitchtopersonalbenetswhenthepayoutrateishigheratFRAorage70.Alternativelyaspousecanwithdrawhisorherpersonalbenetsatage62andthenswitchtothefullsurvivorbenetatFRA.PlanningCarefullyBecausetheSSApubliclyliststhemethodtheyusetocalculatebenetsitisveryeasyforanyonetoestimatetheirSocialSecurityincome.Whetherplanningasanindividualorasacoupleyoucanquicklycheckhowyourcurrentretirementplansaffectyourbenetsanddecidetheapproachthatworksbestforyou.WhateveryourstrategywithSocialSecurityitisessentialtodoallyourplanningwiththehelpoftrustednancialadvice.ContactPaulNeumanntoreviewyourcurrentretirementplansandgettheguidanceyouneedtoaccessallthebenetstheprogramoffersyou.