Do 401(k) 'Bridges' Help Retirees Maximize Social Security?

The American College of Financial Services
January 21, 2021

When considering strategies to successfully transition to retirement, when to take Social Security is one of the primary topics advisors and clients need to address. Usually, clients should delay taking Social Security as long as they can to maximize the payout, but sometimes their need is too great.

WMCP® Program faculty members Michael Finke and David Blanchett say one way to ensure greater Social Security benefits could be to use drawdowns from savings accounts before claiming it, as a sort of “bridge” to retirement. Read more in ThinkAdvisor.

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