Kotklikoff, Moeller and Salmon's Get What's Yours - a Summary
The Secrets to Maxing Out Your Social Security
Description:... Social Security is an American insurance program which pays out millions of dollars each year. It represents one among many complex government programs. The Social Security program is very hard to understand and use. For example, each companion's benefit for married couples includes ten mathematical functions. In general, this program has more instructions in the Program Operating Manual System (POMS), than the Federal Tax Code does. This guide presents a basic approach for using the Social Security program, expanding an ordinary Social Security benefit to one with parent, child, matrimonial, divorcee, survivor and benefits for disability. The authors explain just how signing up for benefits and not receiving them, or starting, pausing and restarting benefits can help people achieve more out of this program. The guide also talks about risks associated with the Social Security program. This summary provides an informal critique and summary of the main topics and messages of the guide. It also contains more information about the guide itself, as well as important studies and documents about the future and present benefits of Social Security. This is a summary that is not intended to be used without reference to the original book.
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