If you are an American living in Israel, how do you claim Social Security? Due to a class action lawsuit, the Windfall Elimination Provision (WEP) is no longer applicable to pensioners who receive bituach leumi. However, if you receive another Israeli pension, you may still be affected by WEP.
Listen for the link to a video, “Are You Getting the Social Security You Deserve,” which will tell you more about how to plan successfully for retirement and avoid Social Security mistakes.
You may also be wondering when the best time is to take Social Security. Andy Landis, author of Social Security: The Inside Story, explains why sometimes it’s a good time to take it early, but why it is usually better to wait.
What is the future for the Social Security system, and is it linked to inflation? If so, how will that affect your financial future?
The Goldstein On Gelt Show is a financial podcast. Click on the player below to listen. For show notes and contact details of the guest, go to www.GoldsteinOnGelt.com