On November 2, 2015, the Bipartisan Budget Act of 2015 wassigned by President Obama.
While the primary purpose of this legislation was to authorizean increase in the federal debt limit, the inclusion of Section831, entitled “Closure of Unintended Loopholes” had a major effecton the popular claiming strategies of “File and Suspend” and“Restricted Application” used by many Social Security recipients.
These strategies were allowed through provisions added in 2000by the Senior Citizens Freedom to Work Act through a conceptreferred to as “voluntary suspension of benefits.”
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