First you thought it would be your retirement income, then you thought you better supplement it, then you thought it was not going to be there for you when you retire…but now you are here close to or at retirement and Social Security is still here and ready for you to use in your retirement income and cash flow strategy.

Deciding how and when you claim social security can be one of the most important financial decisions you have ever made.

How: There are 567 different claiming strategies based on 2728 rules in the Social Security Handbook. Those rules have thousands of explanations housed in the Social Security Administration’s (SSA) Program Operating Manual System(POMS)- those explanations provide guidance on implementing the 2728 rules. All of this is provided by the SSA and has everything to do with how much money you receive during your life time from Social Security. However they provide you with NO employees to advise you on the best strategy for you and your family. AND… you get one chance to get it right when you file         (after 12 months you’re stuck with your choice).

When: Your age when you begin claiming Social Security is one of the key factors to how much you and your spouse will collect from social security during your lifetimes. With few exceptions you can start collecting at any time between age 62 and age 70.

Stay Tuned to find out how to increase your benefits by $100 Grand just using 1 claiming age strategy and remember that still leaves you with 566 other potential strategies.