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A great back-up Social Security strategy After Congress phased out two Social Security claiming strategies that had allowed couples to maximize their benefits, seniors may still opt to defer their Social Security retirement benefits to get the delayed retirement credit, according to Forbes. This means instead of claiming the benefits at 66, seniors will wait until they turn 70. “You get a risk-free 8% annual return for those four years,” says a certified financial planner. Also, spousal and survivor benefits will get a boost since they are based on the other spouse’s claim. Moreover, all of the claiming rules also apply to same-sex couples, courtesy of a Supreme Court ruling last year. The big question, of course, is whether your client can wait to claim Social Security. Not everyone can. If they are in poor health or disabled, they may need to file at 62, the earliest time they can apply. --Forbes

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