Social Security - Maximizing vs Optimizing

This Social Security workshop is designed specifically for REALTORS®, brokers, self-employed professionals, and entrepreneurs. You will gain a clear understanding of how Social Security works, when and how to claim your benefits, and the strategies that can help you maximize your retirement income. Through this class, you will learn how to integrate Social Security into your overall retirement plan and make informed decisions about the timing and options available to you.

The workshop will cover the following learning points and essentials:

• What is Social Security and how does it work?
• The Reduction and credits that are applied to Social Security benefits.
• At what age should you begin collecting Social Security payments?
• Planning for your life expectancy.
• Qualifications that apply to individuals, married and divorced couples, survivors, self-employed, etc.
• Difference between voluntary suspension and withdrawal applications.
• How the earnings and Social Security benefits are calculated.
• The difference between maximizing and optimizing Social Security benefits.
• How to strategize social security income to fit into your overall retirement income plan.