How, and Why, to Build a Social Security 'Bridge' With Your 401(k)

    | January 15, 2020

     

    By front-loading withdrawals from 401(k) plans and individual retirement accounts until age 70 with a so-called bridge strategy, many Americans will be able to delay collecting Social Security benefits until they can claim the maximum.

    Most Americans should employ a Social Security “bridge” using their retirement-plan assets to delay claiming until age 70, when benefits max out, according to new research that comes as the first wave of workers dependent on 401(k)s begins to retire.

    Read More

    PAST PERFORMANCE IS NOT A GUARANTEE OF FUTURE RESULTS. Investment decisions should always be made based on the client's specific financial needs, goals and objectives, time horizon and risk tolerance. Current and future portfolio holdings are subject to risk. Risks may include interest-rate risk, market risk, inflation risk, deflation risk, currency risk, reinvestment risk, business risk, liquidity risk, financial risk, and cybersecurity risk. These risks are more fully described in Telemus Capital's Firm Brochure (Part 2A of Form ADV), which is available upon request. Telemus Capital does not guarantee the results of any investments. Investment, insurance and annuity products are not FDIC insured, are not bank guaranteed, and may lose value.

    New call-to-action
    New Call-to-action