As promised, below are some additional questions that Baby Boomers are asking regarding Social Security and the rules they will need to consider in order to help maximize their Social Security benefits.
Baby Boomers are asking...
. Will Social Security be there for me?
. How much can I expect to receive?
. When should I apply for Social Security?
. How can I maximize my benefits?
As Baby Boomers, you need to learn these rules...
. How your benefit will be affected by the age at which you apply
. How cost-of-living-adjustments, or COLAs, affect benefits
. How spousal benefits work
. How survivor benefits work
. How divorced-spouse benefits work
. How working affects benefits
. How benefits affect taxes
. What to do if you have other income from pensions or IRAs
We can teach you...
. 5 factors to consider when deciding 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
. Two innovative strategies for coordinating benefits with your spouse
. How to minimize taxes on Social Security benefits
. How to coordinate Social Security with your other forms of retirement income
Remember....The decisions you make today can have a tremendous bearing on the total amount of benefits you stand to receive over your lifetime.
Look for the launching of our new website Saturday, November 16th.
For those who did not see or would like to re-read last Saturday's Newsletter,
regarding Social Security click the link below.
