1500 McAndrews Road West
Social Security was established by the Federal Government in 1935 providing for Old Age, Survivors and Disability insurance. Today Social Security is one of the primary income sources most people rely on for income in retirement. For many people it is their primary sources of income and to cover all costs of living they often need to supplement income from other resources, such as Pensions, IRA’s, retirement plans and other savings. Knowing when to take your Social Security and how to coordinate those benefits with other retirement accounts is a very important and a complicated task.
The Social Security decisions you and your spouse make when you are in your 60s will determine the amount of total income you will receive over your lifetime – including the lifetime of the spouse who lives the longest. Come learn about some little-known rules that can help married couples get more out of the Social Security system.
At this workshop you will learn:• How much Social Security you and your spouse stand to receive over your joint lifetime• Rules and guidelines for when spouses should apply for benefits• How the decisions you make in your 60s can determine the amount of income you – or your surviving spouse – will have in your 80s and 90s• How spouses with little or no prior earnings can take advantage of Social Security benefits• How a little-known rule has opened the door to creative spousal strategies• What all higher-earning spouses should know about retirement and survivor benefits• Two key things you need to know about Social Security survivor benefits• How remarriage affects survivor benefits from a former spouse• How to avoid mistakes at your Social Security office
Rules and strategies you need to know...• How to know which spouse should take advantage of the spousal benefit• What you need to do to entitle your spouse to a spousal benefit – or vice versa• How to switch from one benefit to another to have income now and later• How to maximize survivor benefits for the surviving spouse
At this workshop you will learn:• How much Social Security you stand to receive over your lifetime• How the decisions you make in your 60s and determine the amount of income you’ll have in your 80s• How to take advantage of spousal benefits, survivor benefits, divorced-spouse benefits, and even divorced-spouse survivor benefits• How to coordinate your own retirement benefit with benefits you might receive as a spouse or divorced spouse• Why you should consider your husband’s life expectancy when deciding when to claim your own retirement benefit• What to do if your husband or ex-husband dies• What to do if your marital status changes• How to plan for the extra-long life
Rules and strategies you need to know:• How you may receive a spousal benefit while your own benefit builds delayed credits• How to switch from one benefit to another to have income now and later• Why you and your husband can’t both receive spousal benefits on each other’s record at the same time• What you need to do to get divorced-spouse benefits• What you MUST consider before remarrying
If you would like to skip the class and engage in a personal collaboration review of your Social Security, fill out the form below.