Social Security Strategies
Optimize Your Retirement Income
Social Security strategies cover various approaches that an individual may take to optimize their Social Security benefits. These strategies vary based on each unique situation; age, health, income, and marital status can affect each strategy or determine if that strategy would be an option for you.
Coordinating a Social Security strategy with your retirement accounts (such as a 401(k) or IRA) can help optimize your retirement income. One strategy may be to defer Social Security, allowing the benefit to grow while withdrawing money from your retirement account. Another may be determining how to take various sources of income alongside Social Security while helping to minimize your taxable income. It all depends on your situation, your goals, and your needs, which we can help define and realize.
Let us help you better understand how utilizing the appropriate Social Security strategy can impact your overall retirement plan.
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