Harmful Myths Surrounding Social Security
The topic of Social Security benefits can be a tricky one. Known for its less than clear guidelines, those looking to claim their benefits are likely to draw their own conclusions about how Social Security works. For residents looking to tackle Social Security in Ohio, hiring
1. When you claim your benefits doesn’t matter
Do not fall for this rumor. While it is possible to claim benefits as early as 62, it’s probably of your best interest to wait it out a bit. Why
2. Your ex-husband/wife can’t claim Social Security benefits on you
It looks like your former spouse may still be tied to you when it comes to Social Security benefits. That’s right: your ex is capable of collecting a portion of your benefits. Possibly. If you were involved in a marriage for ten years or more, your ex-wife or husband can collect if they are single. The most one can do to combat their former spouse receiving their benefits is to the delay the process of
3. Social Security benefit decisions can not be reversed
No, Social Security claims are not written in stone. If for some reason you change your mind about when you want to claim your benefits, withdrawing your claim within the time period of a year from initial filing is all that has to be done. While you will have to repay any benefits you claimed in the meantime, it’s better than attempting to reverse the claim later and subsequently earning a lower, delayed rate.