Social Security - Understanding Your Benefit
Course # 656
74% of retired Americans are collecting a reduced Social Security benefit. As an important part of your retirement plan, learn how to unlock the maximum benefit available to you. This class will simplify the benefit election process to help you understand the many strategies available to you for electing and maximizing the benefits available to you and/or your spouse.
- Social Security benefits
Objectives (At the end of this course participants will be able to):
- Calculate the difference in benefit between electing a benefit early or later in retirement.
- Understand the importance and availability of Spousal Benefit options and how to calculate eligibility.
- Examine whether such election strategies as “claim-and-suspend” are beneficial to their specific situation.
Participants (audience course is designed for):
Any university employee age 55-70