Have you considered a Social Security “do-over”?

Description

Abstract: Planning for retirement is an important component of an estate plan. But what if a person already is retired and looking for ways to boost his or her income without creating a lot of risk? A lesser-known strategy can be loosely called a Social Security “do-over.” In a nutshell, a person files a form with the Social Security Administration and repays all of the Social Security benefits he or she has received. Then the person reapplies and begins receiving a higher payment based on his or her current age. This article further details this strategy.