Whether you're one, five or more years from retirement...single, divorced, widowed or a couple...Social Security represents a key element of your financial plan. Understanding when and how to take your benefits will affect the maximum benefit you are entitled to and have a great impact on your overall retirement income strategy. To help baby boomers better understand the Social Security system, this course will cover:
- 5 factors to consider when deciding when to apply for benefits
- When it makes sense to delay benefits -- and when it does not
- Why you should always check your earnings record for accuracy How to estimate your benefits
- How to coordinate benefits with your spouse
- How to choose and maximize your survivor benefits
- How to minimize taxes on Social Security benefits
- How to coordinate Social Security with your other sources of retirement income
- Introduction to our proprietary Social Security Planning program which provides various claiming scenarios