Learning Center

Social Security: What Financial Planners and Their Clients Should Know

3.33 (3 votes)

  • Registration Closed

Making a smart Social Security claiming decision is more complex than many retirees and financial professionals may realize. Retirees can miss out on hundreds of thousands of dollars over their lifetimes. The presentation focuses on the Social Security rules and claiming decision considerations that are most often overlooked and least understood. Client case examples are included. You will learn:

• The common terms and acronyms, how benefits are calculated, reductions and credits applied depending on age collected, 
• Special rules, considerations that apply to single, married, divorced and widowed retirees,
• Why life expectancy, non-covered pensions, and working while collecting benefits matter.

1) Explain how clients qualify for Social Security benefits and how benefits are calculated, including reductions and credits applied depending on age of claiming,

2) Identify the factors that affect a client's optimal date to begin receiving benefits and the impact of the earnings test, and

3) Describe the rules related to spousal and survivor benefits, taxation of Social Security benefits and the affect a pension may have on Social Security benefits.

Martha Shedden, RSSA, CRPC

President and Co-Founder

National Association of Registered Social Security Analysts

Martha Shedden is President and Co-founder of the National Association of Registered Social Security Analysts, NARSSA, which provides online education and training for financial professionals to become Registered Social Security Analysts. 

She is a Chartered Retirement Planning Counselor and is passionate about educating financial professionals and retirees on the details of Social Security income planning. 

Martha has over a decade of experience providing Social Security education, consulting, and analyses for individual clients, financial and accountancy professionals and is the author of numerous Social Security white papers, seminar presentations and articles in financial publications.

Key:

Complete
Failed
Available
Locked
Social Security: What Financial Planners and Their Clients Should Know
01/13/2022 at 12:00 PM (MST)  |  60 minutes
01/13/2022 at 12:00 PM (MST)  |  60 minutes Making a smart Social Security claiming decision is more complex than many retirees and financial professionals may realize. Retirees can miss out on hundreds of thousands of dollars over their lifetimes. The presentation focuses on the Social Security rules and claiming decision considerations that that are most often overlooked and least understood. Client case examples are included. You will learn: • The common terms and acronyms, how benefits are calculated, reductions and credits applied depending on age collected, • Special rules, considerations that apply to single, married, divorced and widowed retirees, • Why life expectancy, non-covered pensions, and working while collecting benefits matter.
Course Evaluation
7 Questions
Certificate of Completion
1.0 CFP CE credit  |  Certificate available
1.0 CFP CE credit  |  Certificate available