Exploring the Social Security Bridge Strategy for Enhanced Retirement Income

Reported 3 months ago

The Social Security Bridge Strategy allows retirees to delay claiming their Social Security benefits while utilizing their 401(k) assets until age 70, potentially increasing their benefits by up to 76%. Despite traditional preferences for immediate Social Security claims, research indicates that a significant portion of workers would consider this strategy if offered, as it provides an effective method to secure higher lifetime income adjusted for inflation without annuities.

Source: YAHOO

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