This is a single session 3 hour course.
You have worked hard your whole life and have paid into the Social Security system for years. Now it will soon be your turn to collect. Advance planning is essential and the decisions you make now can have a tremendous impact on the total amount of benefits you stand to receive over your lifetime.
One of the most important decisions you need to make before you retire is when to claim Social Security benefits. About half of the retirees apply for Social Security as soon as they become eligible at age 62, but by doing so, they may significantly and permanently reduce the benefits that they (and possibly their spouses) could receive over a lifetime.
It is important to have a good understanding of these issues:
- How married couples can coordinate benefits to help enhance spousal and survivor benefits
- Claiming a spousal benefit while earning delayed retirement credits
- How the "file and suspend", "do over" and "start, stop, restart" work
- How working could affect your benefits and the taxability of Social Security benefits
- How claiming early worker benefits could lower your spousal benefit at full retirement age
- The effect of remarriage on survivor benefits for widowed and divorced spouses
At this workshop you will learn important rules that affect the amount of retirement benefits you collect as well as strategies for coordinating Social Security with other sources of retirement income.
When you attend, you will receive a 20-page information-packed workbook.