SPOTLIGHT

Help clients maximize their Social Security benefits

When claiming Social Security benefits, it's important for retirees to understand their options to maximize their benefit.

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The value of waiting? Up to 8% per year.

Waiting to collect Social Security benefits until age 70 can add up to an extra $1,080 per month.

The hypothetical example assumes that the person is not working in retirement. Sample benefit amounts are not exact due to rounding. They do not reflect annual cost-of-living adjustments or taxes. Had taxes been taken into account, the amounts would be lower. Benefit at full retirement (age 67) is assumed to be $2,000 per month.

Key considerations for when to claim Social Security benefits

Health status

Longevity

Retirement lifestyle

Three claiming strategies to consider

There may be opportunities for clients to boost their Social Security benefits¹

Strategies for couples

Spouses should evaluate options to determine when to file for benefits

Survivor benefits

Typically works best if one spouse is expected to outlive another

Former spousal benefits

Ex-spouses may be eligible for a portion of benefits

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Understanding Social Security Flyer

Strategies to help you maximize your benefits.

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Social Security Presentation

Options to help you maximize your benefits.

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Social Security Seminar Invitation Flyer

Helping You Maximize Social Security Benefits for Your Retirement Income Plan.

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