Want a Stronger Retirement Plan? Start With These Three Social Security Questions
Retirement marks the golden years you’ve worked tirelessly to achieve, but are you confident you’re making the most of your Social Security benefits? At Bassett Murray Law Group, we recognize the vital role these benefits play in building a secure future.
Opportunities are often overlooked because the right questions go unasked. Addressing these important considerations now can help you take meaningful steps toward a more secure and confident retirement. Let’s explore three key questions to guide your planning.
1. What Affects Your Benefits?
Social Security benefits are based on lifetime earnings. Higher earnings mean higher benefits, but gaps in income can lower your amount.
For those who didn’t work or earned less, spousal benefits may apply if you meet requirements like being 62 or older and having a spouse receiving benefits. Divorced? If your marriage lasted 10+ years, you might qualify for similar benefits.
2. When Should You Claim Benefits?
The age you start Social Security greatly impacts your monthly amount. While you can claim as early as 62, waiting until full retirement age—or later—can lead to larger payments. Use your my Social Security account to compare options and make informed decisions.
3. What Documents Are Needed to Apply?
Be prepared with key documents like your birth certificate, Social Security card, and W-2 forms or self-employment tax returns. Planning ahead simplifies the application process.
Have Questions About Social Security?
If you have questions about Social Security, Bassett Murray Law Group is here to help with these important decisions. Contact us today for personalized guidance by calling 734-930-9200 or 231-427-2292. You can also visit us online. Take the first step toward securing your retirement by reaching out to us today!
GET TO KNOW US BETTER
Get to know us better by scheduling an initial consultation where we can discuss your needs.
Bassett Murray Law Group, PLLC
2045 Hogback Road
Ann Arbor, MI 48105
Phone: 734-930-9200
Fax: 734-930-9942
Petoskey Office
By Appointment only
3319 Lakeside Dr S
Petoskey, MI 49770
Phone: 231-427-2292
Bassett Murray Law Group, PLLC
2045 Hogback Road
Ann Arbor, MI 48105
Phone: 734-930-9200
Fax: 734-930-9942