Updated Saturday, November 22, 2014 as of 8:00 PM ET

Social Security: Boost Benefits for Both Spouses

Peg Eddy, a founder of San Diego-based Creative Capital Management, joins the ranks of others advisors who stress spouses should coordinate when they “trot down” to their local Social Security agency branch to make sure they’ve calculated a schedule accurately and most cost effectively.

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Comments (4)
My understanding is that this strategy only works at full retirement age, not early retirement age if you are trying to maximize the age 70 benefits. Taking any benefits at age 62 locks in an early reduction penalty for anything but survivor benefits.

I think the author needs to double check his facts on this.
Posted by Michael G | Tuesday, August 12 2014 at 2:57PM ET
you are absolutely correct this strategy works only at full retirement age
Posted by Michael M | Tuesday, August 12 2014 at 3:37PM ET
As the person quoted initially in the first "appearance" of this, when I read it and saw I had been mis-quoted, after I caught my breath, I contacted the author and she has now correctly reported what I had said... Didn't want to lose my CFP badge. It's corrected now.
Posted by peggy e | Tuesday, August 12 2014 at 5:15PM ET
FP should publish a BOLD notice in either the title or the bottom of the article that the original version of this article was corrected to excise an egregious error.
Posted by mark k | Wednesday, August 13 2014 at 12:34PM ET
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