Money Smart Week: Advanced Social Security Planning

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Age Group:

Adults
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Program Description

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Topics to be discussed: * Claiming rules for married couples, divorced individuals and minor children * Strategies and time limits that could potentially increase your benefits * How cost-of-living adjustments affect your Social Security * How to collect IRA's and let your Social Security grow 8% per year * Breakeven analysis: Should you collect at age 62, 66, or 70? * Delayed retirement credits: Guaranteed 8% for 4 or 8 years * Defines Roth IRA compared to traditional. Presented by the Foundation for Financial Education.