Hellow guys, Welcome to my website, and you are watching This Secret Social Security Strategy Can Get You 6 Months of Benefits At Once. and this vIdeo is uploaded by The Motley Fool at 2014-02-03T14:14:05-08:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | This Secret Social Security Strategy Can Get You 6 Months of Benefits At Once |
| Video Uploader | Video From The Motley Fool |
| Upload Date | This Video Uploaded At 03-02-2014 22:14:05 |
| Video Discription | Social Security is a key part of your financial security in retirement, but one problem many have with it is that you can only get your benefits one month at a time. But one little-known secret can get you a one-time lump sum of up to six months of benefits. Is it a smart move for you? In the following video, Dan Caplinger, The Motley Fool's director of investment planning, explains how the little-known Social Security lump sum provision works. Essentially, if you wait until beyond full retirement age to get your benefits, you can later get up to six months in a single lump sum. But Dan notes that there's a catch: your benefit is calculated as if you'd started taking it six months ago, leaving you with lower monthly benefits. As a result, Dan concludes that those with survivors who'll receive benefits might end up taking a hit over the long run, but single Social Security recipients who get news of a terminal illness might find it useful to maximize their benefits using the strategy. Investing made simple: The Motley Fool's essential guide to investing is now available to the public, free of cost, at http://bit.ly/1atRpHZ. This resource was designed to cover everything that new investors need to know to get started today. For your free copy, just click the link above. Visit us on the web at http://www.fool.com, home to the world's greatest investing community! ------------------------------------------------------------------------ Subscribe to The Motley Fool's YouTube Channel: http://www.youtube.com/TheMotleyFool Or, follow our Google+ page: https://plus.google.com/+MotleyFool/posts Inside The Motley Fool: Check out our Culture Blog! http://culture.fool.com Join our Facebook community: https://www.facebook.com/themotleyfool Follow The Motley Fool on Twitter: https://twitter.com/themotleyfool |
| Category | News & Politics |
| Tags | Stocks | Investing | Invest | How to Invest | stock picks | stock news | Stock Market | stock market news | investing 101 | dividend stocks | stock | investor | Wall Street | investors | investing ideas | finance | business | investment plan | fool.com | The Motley Fool |
