Having begun a successful life insurance company at age 21 in 1997, Darcy Bergen has more than 20 years of hands-on experience in financial risk management, financial planning, and retirement. Having worked in New Zealand, Canada, and The United States, he has developed a wealth of understanding in this field of expertise.
Today, Darcy Bergen is working to deliver knowledge of a little-known but critical financial success strategy for those approaching retirement. This strategy is saving people thousands of dollars right now, and still too few know about it.
According to Darcy Bergen, it is called “Restricted Application,” and it allows individuals to collect half a spouse’s full retirement age Social Security benefit without having to open a record of their own.
Mr. Bergen explains, “This means you can still earn an 8% delayed credit on your own full retirement age benefit up until age 70. Once you turn 70, you can switch to your benefit, having received a 32% increase over a four-year period.”
The law that supported this strategy was stricken down as a part of the 2015 budget act. However, those born before January 1st, 1954, may still take advantage of this valuable retirement strategy.
Darcy Bergen points out three additional points that those who wish to benefit from this obscure retirement rule must know. They are:
1.) Your spouse must have already opened his or her own record and started claiming Social Security benefits.
2.) You must be at full retirement age.
3.) This strategy is still available if you are divorced. However, the marriage must have lasted at least ten years, and you must not have remarried.
The only unfortunate part of this story is that so few people have been informed about this important way for retirees to get the most out of their retirement. Undoubtedly, this is not an accident. The act which eliminated the rule was intended to allow the federal government to keep more Social Security funds in federal coffers.
But as you know, Social Security funds are not intended for use by federal officials. They are designed to be used by the people who have been paying into it all of their working lives to secure retirement. That’s you.
The good news is that people as young as 66 can, at this time, benefit from this important Social Security strategy.
That is what Darcy Bergen wants you to know.
You must know your options before you file. Once you file, it may be too late to take advantage of this valuable strategy.
For those who wish to learn more, Mr. Bergen has set up this hotline, 602-652-2665. Or contact Mr. Bergen here, DarceyBergen.co.
Don’t let federal regulators deprive you of what you are owed. Mr. Bergen wishes to urge everyone who is eligible to protect their retirement before it’s too late.