Determine how Social Security works, how benefits are calculated, who are beneficiaries, and techniques to maximize your clients’ benefits. Though many clients look at Social Security as a government benefit, it is actually a covered worker’s investment asset to be managed like any other investment asset. Examine issues like how Social Security benefits are calculated, identifying benefit-claiming strategies, and what spouses can do now to maximize benefits at retirement. Learn how Social Security works and explore common planning situations, including workers with and without spouses; sandwich generation families with dependent parents and minor children; and surviving and/or divorced spouses.
• Determine how Social Security works, how benefits are calculated, who are beneficiaries, and techniques to maximize your clients’ benefits.
• Recognize the language and forms of the Social Security Administration.
• Outline the earnings test and other drawbacks to drawing benefits early and how to plan around them.
• Determine which planning products to use to calculate the best strategy for your clients.
• Social Security planning, benefit calculation, and beneficiaries.
• Recent changes to “file and suspend” and “restricted application” strategies.
• Increasing benefits for self-employed individuals.
• Plan for surviving spouses.
• Integrating retirement plan distribution strategies with Social Security claiming strategies.
• Coordinating drawing Social Security benefits with the start of Medicare benefits.
CPAs, financial advisers, attorneys, insurance, and other professionals.
This webinar is produced by CalCPA. You will receive your login link/instructions and Certificate of Attendance directly from this third-party vendor. It is important that you review your COCPA confirmation for details on receiving your login instructions and COA from said vendor.