Your Top 12 Social Security Questions (with a few bonus answers)

Any questions that I missed?

Nicely done thank you!

Why don’t you tubers incorporate the date on their videos? Seems like no brainer when it is the one fact we all want as we assess the relevance of what we’re watching. Please time stamp all future videos.

What factors do see that impact whether someone makes an emotional decision vs a 'let's see the math' decision around filing age?

Regarding working another year - look at your earnings history. Identify the highest 30 years. If you will make more the next year than the lowest of those 30 years, working may increase your benefit. Note that old years are adjusted (multiplied) by the Average Wage Index, so the greater the difference and the more recent the lowest year, the more likely the next year will increase your benefit. Dont' count on much, even if you'll be maxing out the benefit tax level.

Kevin I helped my wife's friend get spousal benefits. They had no idea they existed! Also folks have a Bitcoin allocation!!

It is my understanding that if you file early for SS, once you reach FRA you can then suspend SS and continue to earn delayed retirement credits until you restart your benefits. And you do not have to pay back any benefits already received.

I've got a question. I'm 40 well social security benefits be around when I retire? What about my kids? My question is really should I plan to not have a social security or do you think it will be there in some way shape or form?

Good overview. I think SS wages are indexed for inflation first, then the top 35 are used - as opposed to reversed as you stated.

Is this for Canadians?