A Simple Way To Maximize Your Social Security
You can influence your eventual payout from this safe, dull old-age safety net to a surprising degree by making some adjustments and changes in your planning. As you approach retirement age, especially for couples, the potential strategies can be mind-numbing. Should you start claiming benefits at 62? 66? 70? Should you claim spousal benefits now, then wait to file under your own account later? Review the Social Security guidelines before applying for your benefits. Not only are the options complicated, they’re important. Optimal claiming strategies can boost the monthly checks you’ll receive by tens of thousands of dollars over a lifetime, especially for couples. Unfortunately, the Social Security Administration CANNOT counsel you on you specific situation. However, they can answer your specific and unique questions. Visit www.socialsecurity.gov to familiarize yourself with the criteria and information before applying for benefits – You will be glad you did!
Rev. Dr. Donna Taylor is the Pastor of Andrew Chapel, United Methodist Church on the Northern Neck in Montross, VA. Rev. Dr. Taylor promotes best practices for financial literacy and financial empowerment in the church and leads workshops throughout Northern Virginia. Currently, she serves as the Chair of the District Finance Committee. In May 2015, Rev. Dr. Taylor received her Doctor of Ministry from Virginia University of Lynchburg in Lynchburg, VA. Rev. Dr. Donna Taylor is married to Dr. David Taylor, who is also the Director of our church-based free clinic. They have two adult children and three grandchildren. In her leisure time, Rev. Dr. Taylor enjoys traveling, jogging, weightlifting, swimming, yoga, and interior decorating. In May 2015, Rev. Dr. Taylor received her Doctor of Ministry from Virginia University of Lynchburg in Lynchburg, Virginia. Rev. Dr. Taylor was born and raised in New York City and recently discovered her ancestral roots in Guinea-Bissau, West Africa. Rev. Dr. Donna Taylor is married to David Taylor and they have a son and a daughter. Their daughter is a educator and son is an Active-Duty Senior Seaman in the Navy married with three children. In her leisure time, she enjoys traveling, reading, swimming, writing poetry, crocheting and spending time with her family.