Social Security benefits are very unique to every person. Each person who can claim benefits should consider who else may be entitled to claim off their work history, especially since this benefit is oftentimes the only inflation-adjusted income stream retirees have.
This week Dave dives into what oils the machinery of Social Security claiming strategies. He brings back Jim Blair and Marc Kiner of Premier Social Security Consulting, LLC to help provide firsthand knowledge
In this episode you will learn:
- How situational Social Security works and how it will impact maximizing your benefits
- What the cost of living adjustment (COLA) is
- And how COLA factors into each year of your benefits
- What provisional income is and how it impacts the taxes you may pay on your benefits
For even more information on Social Security and how you can get safely through retirement visit our site at www.retirementriskadvisors.com