Important Updates to Social Security Filing Strategies: File & Suspend and Restricted Application
Submitted by Beacon Financial Planning of Cape Cod, Inc. on February 25th, 2016New legislation will eliminate "file and suspend" and "restricted application" Social Security filing methods that were previously available to married couples. There is a small window to be grandfathered and file under these methods; however, the deadline to do so is April 29, 2016. Below, we discuss these two filing strategies and how they may impact you.
