New Rules for Social Security Create Confusion Over Claiming Strategies

Here's what to do if you are mistakenly told you can't use the “file and suspend” strategy or the “restricted application” strategy.

Social Security Cards
(Image credit: Getty Images/iStockphoto)

The Social Security Administration finally posted information on February 24 to its Web site in an effort to help the public understand the rules for the phasing out of two popular Social Security claiming strategies. The consumer information comes nearly four months after these strategies were nixed by the enactment of the Bipartisan Budget Act of 2015 -- and comes as the clock quickly ticks down on one strategy that disappears in two months.

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Rachel L. Sheedy
Editor, Kiplinger's Retirement Report