Social Security

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Q. I am currently 60 1/2 years old. I want to start receiving Social Security benefits at 62 years of age. How does the current Debt Commission plan change effect my plans?

A. It won’t until and unless it becomes law, which, at this point is not likely. As again after something passes, or at least seems likely to pass.

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Mike Miles is a Certified Financial Planner licensee and principal adviser for Variplan LLC, an independent fiduciary in Vienna, Virginia. Email your financial questions to fedexperts@federaltimes.com and view his blog at money.federaltimes.com.

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