Boost Your Benefits: Make the Most of Your Social Security S.7 | Ep. 5

by | Oct 13, 2022 | Spousal IRA

Boost Your Benefits: Make the Most of Your Social Security S.7 | Ep. 5




What if you could get a 32% boost in your Social Security benefits? You have the power to maximize the amount of your monthly Social Security check in retirement. The choices you make regarding your Social Security could be the difference in the lifestyle you are able to live during your golden years. Do you even know what the key choices are that can boost your benefits? Financial industry insiders Joe Anderson and Alan Clopine give you the tools and strategies you need to make the most of your social security benefits. Pure Financial’s Chief Planning Officer, Susan Brandeis CFP®, discusses how to determine if claiming your benefits earlier or later is the better option for you. Not sure you made the right choice and want a “do-over”? Pure’s financial professionals tell you how.

Free download – The Social Security Handbook:

Important Points:
00:00 – Intro

(01:35) – Social Security Reliance

(02:12) – Boost Your Benefits
-Understand How to Qualify
-Delay For Increased Pay
-Spousal Strategies
-Limit Social Security Taxes

(02:58) – When People Claim Social Security

(03:51) – Who is Eligible for Social Security Benefits?

(04:00) – Earnings Needed Per Social Security Credit

(04:52) – How much are your Security Benefits?

(6:47) – Past Earnings Compared to Social Security Benefits

(7:36) – Social Security Estimated Benefits Statement

(10:34) – Early and Late Claiming

(13:37) – Claiming Your Social Security Benefits Too Early

(14:00) – How to Qualify for Spousal Benefits

(14:36) – How to Qualify for Survivor Benefits

(18:25) – How Social Security is Taxed

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(20:04) – Lowering Provisional Income

(21:53) – Ask the Experts

(23:27) – Ask the Experts

(24:53) – Pure Takeaway: Boost Your Benefits – Make the Most Out of Social Security
-Maximize Your Qualifications
-Delay as Long as Possible
-Use Claiming Strategies for Couples
-Limit Social Security Taxes

Schedule a free assessment with any one of our CFP® professionals, either online or at one of our financial planning offices in San Diego, Brea, Irvine, and Woodland Hills, California:

Subscribe to our YouTube channel and stay tuned for the next episode of the Your Money, Your Wealth® TV show:

Subscribe to the YourMoney, Your Wealth® podcast:

IMPORTANT DISCLOSURES:
• Investment Advisory and Financial Planning Services are offered through Pure Financial Advisors, Inc. A Registered Investment Advisor.
• Pure Financial Advisors Inc. does not offer tax or legal advice. Consult with their tax advisor or attorney regarding specific situations.
• Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance.
• Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values.
• All information is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy.
• Intended for educational purposes only and are not intended as individualized advice or a guarantee that you will achieve a desired result. Before implementing any strategies discussed you should consult your tax and financial advisors….(read more)


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