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The Basics of Social Security Benefits

Posted by McDonald & Osborne Posted on Oct 09 2015

In the article, The Ins and Outs of Tapping Social Security Benefits , Bloomberg does an excellent job explaining a brief history and the basic rules of Social Security Benefits. A few of the topics touched on include:

  1. Deciding when to begin receiving these benefits can have a huge impact on your cash flow during your retirement years;
  2. Claiming 50% of benefits on your spouse’s income; and
  3. What happens when you’ve married and divorced.

As always, give us a call if you need some assistance in analyzing the factors that will affect your decision-making in collecting Social Security benefits, as each individual’s situation is unique.

Stephen Osborne
Accountant
sosborne@mo-cpa.com

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