Tag: episode_1344
MONEY SAVING ADVICE: THOUSANDS LOST BY SENIORS WHO PAY TOO MUCH FOR MEDICARE; DON’T CLAIM ENOUGH FROM SOCIAL SECURITY. HOW TO GET WHAT YOU DESERVE
How to maximize your Social Security and Medicare benefits with experts Mary Beth Franklin and Katy Votava.
Franklin & Kotava: Money Saving Advice
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MAKE SURE YOU ARE WELL INFORMED ABOUT BOTH SOCIAL SECURITY AND MEDICARE BENEFITS
MAKE SURE YOU ARE WELL INFORMED ABOUT BOTH SOCIAL SECURITY AND MEDICARE BENEFITS
- Get educated ahead of time
- If you are already collecting, review your and your spouse’s benefits
- Notify Medicare and Social Security if there is a change of circumstances to get benefits updated
FRANKLIN & VOTAVA: MAXIMIZING SOCIAL SECURITY
MAXIMIZING SOCIAL SECURITY
Strategies for claiming Social Security can be tricky for anyone, but they are especially difficult for same sex couples. According to Social Security guru, Mary Beth Franklin anyone born on January 1, 1954 or earlier can take advantage of a strategy called filing for spousal benefits. If one spouse is collecting social security, the other can claim half of those benefits starting at age 66, let their own benefits keep growing by 8% a year and then switch to their own maximum benefits at 70. The same applies to divorced people as long as they were married for at least 10 years. Since same sex marriages were only legally recognized recently where does that leave them?
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