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Understanding Social Security (44715/51943)

Topic

Retirement Savings and Income Planning

Program ID

348487

Hours

1.5

Format

Self-Study / Traditional course (50+minutes)

Complexity

Overview

Description

This course will be an overview of: The foundations and funding mechanisms for the Social Security system. Retirement benefit eligibility and calculation basics. Special types of Social Security benefits. The taxation of Social Security benefits.

Learning Objectives

Identify the historical rationale and funding structure of the Social Security system. Determine eligibility requirements and credit accumulation for Social Security benefits. Describe the types of benefits available to married couples, divorced spouses, survivors, and dependents. Identify the tax implications of Social Security benefits based on income thresholds.