BREAKING - New Social Security Bill: Claiming Early Could Cost You [5Fj1zDFb0NH]
Don’t let a Social Security headline lock you into a lifetime of lower benefits — BOOK A FREE CALL with DirectedIRA and take CONTROL of your retirement strategy! A new bill could eliminate Social Security’s earnings test, but that does not necessarily make claiming benefits early a smart move. Wealth lawyer and real estate investor Mat Sorensen explains why the temporary withholding caused by the earnings test matters far less than the permanent reduction you could lock in by claiming Social Security at age 62. What you need to understand: • What the proposed Senior Citizens Freedom to Work Act of 2026 would change • How the Social Security earnings test currently works • Why withheld benefits are not permanently lost • How claiming at 62 could reduce your monthly benefit by roughly 30% • The four questions to ask before deciding when to claim • How retirement accounts, Roth conversions, taxes, and survivor benefits affect the decision The biggest opportunity is not simply avoiding an earnings limit. It is coordinating Social Security with your IRA, 401(k), Roth accounts, taxable savings, work income, and retirement timeline so you can create more reliable income and potentially reduce taxes over the long term. This strategy is especially valuable for people approaching retirement, married couples planning around survivor benefits, and investors with retirement accounts or other assets that can help bridge the gap before claiming Social Security. Making the right decision now could protect tens or even hundreds of thousands of dollars in lifetime retirement income! ---- My Social Media: Instagram: Tik Tok: Linked In: Facebook: ---- Websites: ---- Disclaimer: This podcast is for educational purposes only and does not constitute financial, tax, or legal advice. Consult with a qualified professional before making any investment decisions. ---- The Self-Directed IRA Handbook: