Jason and Kristen, both age 62, are married and each have earned enough credits to fully qualify
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Question:
They have provided you with the additional information:
Jason would like to retire now-if possible-but Kristen doesn't mind working longer if needed They do not have sufficient savings for retirement after having just finishing getting their last child through school (but now are maximizing 401(k) contributions and catching up, but it will take a few years) ?
They are both in fairly good health and have strong family health histories.
Question:
They come to you as their planner and ask when they should begin taking Social Security. When do you recommend that Jason and Kristen begin filing for their retirement and/or spousal benefits?
Why? Please list any assumptions you make to justify your recommendations/strategies.?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: