"Maximizing Social Security: Claiming Strategies and Future Benefit Projections"

Liz Weston advises against taking a Social Security representative's suggestion to claim reduced benefits early and switch to a spousal benefit later, as current rules don't allow such a switch; instead, one should use a claiming calculator, like the one AARP offers, to make an informed decision. Additionally, she clarifies the exceptions to the 10-year rule for IRA inheritances, noting that "eligible designated beneficiaries" can take distributions over their life expectancy, with certain conditions for minors and others based on their relationship to the original account holder.