Social Security: Dispelling Common Myths with Essential Truths (SMT2)
2.00 Credits
Member Price $100
Non-Member Price $130
Overview
For roughly 90% of American retirees, Social Security income will be the foundation of their retirement income. Yet, many are ill-prepared and lack understanding of the critical aspects of making an informed claiming decision. Further challenged to separate fact from fiction, consumers crave accurate information from knowledgeable professionals to make the most out of these coveted monthly benefits. This course dispels common myths about Social Security that lead to confusion and replaces them with the truth to an empowered retirement. Help your clients navigate their claiming age decisions with greater confidence, equipped with the essential truths they should consider before pushing the Social Security “on” button.
Highlights
- Will Social Security be there for me?
- How is my benefit calculated?
- Can I claim my benefit and work too?
- When do I stop paying Social Security taxes?
- Why does my government pension cause my benefits to be reduced?
- Can I claim spousal benefits now and my own later?
- What is my breakeven?
- Can I claim benefits from my ex-spouse?
- What do you mean I may pay taxes on my income benefits?
- and more!
Prerequisites
None
Designed For
Accounting and finance practitioners seeking the latest Social Security guidance for themselves and their clients
Objectives
Advise clients on the latest applicable Social Security strategies Implement effective Social Security strategies for practitioners’ own needs
Preparation
None
Leader(s):
Leader Bios
John Kilroy, Surgent McCoy CPE, LLC
John Kilroy is a managing member of iValue Financial Planning LLC, located in the Philadelphia, Pennsylvania area. John engages clients in financial and tax planning, as well as preparing tax returns for individuals, corporations, partnerships, estates, and trusts. John is a CPA and a CFP® practitioner. He is a 1979 graduate of Villanova University with a BS in Accounting. John is a member of the Pennsylvania Institute of Certified Public Accountants and the Financial Planning Association (FPA). Within the FPA, John has served as a board member of the Philadelphia Tri-State chapter and on its education and finance committees. John is an adjunct faculty member for the Temple University Certificate of Financial Planning Program. He is a frequent speaker and facilitator on tax and financial planning topics. John has been quoted in the Wall Street Journal, MarketWatch.com, and USATODAY.com. He has written for the Journal of Financial Planning, and is a contributor to Retirement Weekly. John has also discussed financial and tax planning issues on various radio outlets.
Non-Member Price $130
Member Price $100