Broker Check

Social Security Planning


Research has shown that roughly 10,000 people in the U.S. will turn 65 each day through 2029¹, Every Day! But unless you are seeking reduced Social Security Benefits, you cannot receive full benefits until you reach your Full Retirement Age, which is 66 for those born between 1943 and 1954. As fewer retirees have the luxury of defined pension plans (guaranteed payments from ex-employers), more emphasis is placed on Social Security benefits as a secure source of retirement income. Financial planning for social security involves maximizing the income benefits by choosing the optimal claiming strategy for individuals and couples.

The basic decisions involving your Social Security benefits may be straightforward enough, but in some cases, thoughtful planning may create substantial lifetime savings. The list below will describe in more detail some of the more common issues involving Social Security:

Click To Learn More:

Delayed Retirement Credits

Dependent Benefits

Disability Benefits

Divorced Spouses

Early Filing

Earnings Cap Penalty

File and Suspend

Full Retirement Age/ Primary Insurance Amount

Restricted Spousal Benefits

Survivor Benefits

Spousal Benefits

Working for both Private and Public Employers

 ¹ Social Security Administration