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Pennsylvania Family Law Updates, Events & Useful Tips Surrounding Family Law Issues

Social Security Secrets

Posted in Practice Issues

Social Security benefits can be an integral part of a divorce case. The ages of parties when they divorce may create a factual circumstance where the timing of Social Security benefits needs to be considered. Suffice to say, Social Security is a vast and complicated system but, as pointed out in an excellent article by economist Larry Kotlikoff, it is one that can provide some significant benefits if applicants know what they are doing. Mr. Kotlikoff was featured on PBS Newshour’s webpage recently and wrote "34 Social Security ‘Secrets’ All Baby Boomers and Millions of Current Recipients Need to Know". The article is as informative as it is intimidating as to the variety of options available to retirees and how best to maximize their benefits.