Social Security & Medicare: Claiming Categories, Calculations, Connections, and Client Cases
Getting Social Security right shouldn’t be so challenging. But with thousands of rules, concerns about solvency, and rumors constantly flying, it is more than challenging for most clients. Add in personal philosophies, various beliefs, and lots of misunderstandings, and your job is harder than it needs to be.
There are ways to streamline the conversations and claiming decisions when you know what to look for; When you know the ins and outs of each type of claiming category, you can help clients understand their options and often find benefits they didn’t know they had. Plus, you can set expectations for how Medicare impacts benefit payments.
Join Marcia Mantell, Social Security maven, for a hands-on workshop developed specifically for financial planners and advisors. She’ll go beyond the basics so you can see how and why the program works the way it does. And help set expectations for your clients.
Bring your own Social Security statement, a calculator, and an eraser so you’ll get the most from the case studies that are the highlight of this workshop. You’ll run the numbers and connect key concepts. The outcome is you’ll be better prepared to discuss Social Security and Medicare implications with your clients.
Learning Objectives:
- Identify the four claiming categories Social Security uses to determine benefit options
- Compare and contrast benefit amounts on the statement vs. actual payment after Medicare begins
- Calculate benefit payments using case examples that represent common client situations
- Gain a better understanding of the various survivor benefits
- Utilize the WEP chart for estimating reduced benefits and apply the GPO formula
Thank you for attending!
