If you’re a baby boomer thinking you might need help making Social Security decisions, you’re not alone.
When should you claim? How much will you receive? Will Social Security be there for me when I retire? Can I continue working and will I really be penalized? How can a claiming mistake today cost me even more later?
There’s a lot to know about Social Security, especially when it comes to making decisions that can affect you and your spouse for decades to come. Your decisions will impact your tax bill for many years to come.
Do you know how your IRS-mandated required minimum distributions at age 72 will impact the taxes you pay on Social Security? Your Medicare premiums? Do you know what ‘provisional income’ is and how it affects the taxes you’ll pay in retirement?
If you’re someone with a nest-egg over $500,000 and thinking about when or whether you should claim your Social Security benefit early or wait, I would suggest it’s best to do your planning BEFORE you act. But, even before you plan, you might want to get your knowledge ducks lined-up.
Consider this your invitation to a webinar especially designed for Baby Boomers: What Baby Boomers Need to Know About Retirement Income. The emphasis is on Social Security strategy and the importance of coordinating your strategy with a comprehensive retirement plan.
You can register for an upcoming webinar here.
This webinar will cover a LOT of material; so, be sure to have your coffee and be ready to take a lot of notes.