As
I wrote yesterday morning, the file-and-suspend strategy many Americans
have used to boost their Social Security benefits is on the chopping block. And
I warned that if you are considering using this idea, you better act quickly.
Well, later in the day
news came out that a provision to eliminate this tactic is within a bill that
averts a government shutdown. Congress has agreed to it, and the President is
expected to sign it any moment.
But you’ll still have
six months after the bill is signed to file-and-suspend your Social Security payments.
So now you have a
deadline. Don’t dawdle. Once it’s gone it’s gone forever, which could mean losing
thousands of dollars in benefits.
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