12min chapter

Catching Up to FI cover image

Social Security Made Simple | Mike Piper | 054

Catching Up to FI

CHAPTER

Navigating Social Security Benefits

This chapter explores the intricacies of Social Security benefits, particularly focusing on cost-of-living adjustments (COLA) and their implications on primary insurance amounts. It clarifies common misconceptions about filing status and eligibility while detailing the criteria for spousal and ex-spousal benefits. The chapter also emphasizes the financial impact of filing age on retirement benefits, highlighting both reductions for early claims and potential increases for delayed filings.

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