Pandemic Effect – Resetting the Retirement and Social Security Timer with Mary Beth Franklin at CNBC FA Summit
Deciding when and how to claim Social Security benefits is one of the most important decisions that retirees will ever make. The coronavirus pandemic and its devastating impact on the economy has prompted some Americans to rethink their previously planned Social Security claiming strategy to meet immediate income needs. Mary Beth Franklin, one of the country's leading experts on Social Security, explains the consequences of claiming reduced benefits early and possible remedies for reversing those claiming decisions in the future during the final session at the CNBC FA Summit.