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Advanced Strategies to Increase Social Security Income

Topic

Retirement Savings and Income Planning

Program ID

196792

Hours

1

Format

Live / Stand-alone Workshop or Seminar

Complexity

Advanced

Description

While many of your clients will receive social security payments during their retirement, few clients fully understand their social security options. This course will review the current state of the social security system, discuss strategies to maximize a client's social security payments, and review the different items, such as Medicare premiums and taxes, that will reduce a client's net social security check. The course will also review the importance of having a guaranteed income as part of a retirement income plan.

Learning Objectives

While almost every client will receive Social Security retirement benefits, few clients fully understand their Social Security benefit options. This course will address: • The current state of the Social Security system and options for improving the Social Security Trust Fund • Advanced strategies to increase Social Security income, including “file and suspend”and “restricted application” • Events that could reduce Social Security benefits • The importance of creating guaranteed income as part of a retirement income plan