Date/Time
Date(s) - 09/12/2017
6:15 pm - 9:00 pm
Location
Annuities
Categories
This course provides a fundamental working knowledge of the Social Security program as it applies to retirement planning. The materials cover the history of Social Security, how to qualify for benefits, spousal benefits, widow & widower benefits, taxation of benefits, working while you receive benefits, issues involved in claiming benefits early, and strategies to maximize your benefits while developing an income stream in retirement. This is not a financial seminar; this is a financial course of study where you will leave with the knowledge and information needed to make decisions about Social Security benefits.
Course Objectives
The objectives of this course are to provide you with the tools, insight, and proven strategies that will allow you to make informed decisions about Social Security. This course will teach you easy-to understand strategies on how to maximize your benefits. By the end of this course, you should be able to:
1. Know the history of Social Security
2. Understand the reductions for taking benefits early
3. Be acquainted with the issues involved in the solvency of Social Security
4. Estimate your benefits
5. Estimate the taxation of your benefits
6. Understand the reasons for late claiming of benefits
7. Know your spousal, divorced spouse, widow, & widower benefits
8. Understand how the COLAs affect benefits
9. Know the reduction of benefits while you work
10. Know where Social Security fits in with your other source of income
The course uses the workbook, “Maximizing Social Security” by author David P. Vick. It will be provided for you in the first class.
Workshop materials cost is $19.
Spouses may attend for no cost. An additional workbook for your spouse may be purchased for $6.
Course Details
Front Range Community College
Classroom C0402
3645 West 112th Avenue
Westminster, CO 80031
Tuesday, September 12
6:15 pm – 9:00 pm
Course Code: MDWFR0912
Registration
Visit www.afes.org
OR
Click here for instructions on how to mail in your registration
For more information, call (720) 360-0120
-OR-
email: info@focusedfinancialsolutions.com
Course Participation
If you are looking for answers to questions about when you should begin your Social Security benefits, how you can manage taxation of benefits, how working will affect your benefits, or strategies to get the most out of your benefits, then you will believe this course is time and money well spent. The best way to profit from this course is to follow the interactive workbook and participate in the classroom discussions as you feel comfortable.
Course Outline
• By the Numbers
• Yesterday & Today
• Qualifying for Social Security Benefits
o Benefits Tied to Your Work Record
o Benefits for Spouses
o Benefits for Divorced Spouses
o Benefits for Widows and Widowers
• Working While You Receive Benefits
• Calculating Your Retirement Benefits
• How to Find Your Social Security Benefit Amount
• Taking Benefits Before Full Retirement Age
• How COLAs Affect Benefits
• Taxation of Benefits
• Windfall Elimination Provision & Government Pension Offsets
• Medicare & Social Security
• The Future of Social Security: Solvency Issues and Reform Proposals
• Strategies for Maximizing Your Social Security
• Six Pillars of Retirement Income
