Timothy Sumer

Claiming Social Security at 62 has long been the most popular age to file…but things are starting to change. In fact they’ve been changing over the past several years and now the data is becoming more clear that fewer people are filing at 62. In this video I’ll tell you three reasons why we are seeing these changes and share some thoughts with you that may help you make a more informed decision about when to file. Don’t miss my free online workshop, “How to Choose the RIGHT Age to File for Social Security.” In this workshop you’ll learn: ✔The Most Important Factors to Consider BEFORE You File for Benefits ✔How to Coordinate Your Social Security Filing Decision with Your Other Assets & Income for a Tax Efficient Distribution Strategy ✔Why This Is The Biggest Decision of Your Retirement Access the workshop today at this link ➡️ Want to take a deeper dive into investment management and financial planning with Devin and his team? -- 📊 Get a customized Social Sec

Many widows and widowers make big strategic mistakes when applying for social security survivor benefits. - LOOK BELOW- 1. What happens to my Social Security if my spouse passes away? - 2. Can you work while collecting social security? (maybe) 3. David Kennon's new Retirement Revolution Interview on ABC News Cast Bradenton/Sarasota - If this video was helpful and you want more, please SUBSCRIBE. Video Presenter: David Kennon Blog Link: Radio Show Link: Learn more with ... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA Title: The Biggest Social Security Mistake for Widows: Overlooking the Options Introduction Losing a spouse is an emotionally challenging experience, and the last thing a widow wants to deal with during such a time is financial uncertainty. In the United States, the Social Security Administra

Social Security Survivor Benefits 101 covers the basics that everyone should know about the Social Security Survivors Benefit. This video covers three different scenarios: what the survivor receives if their spouse never filed for Social Security, what they receive if their spouse filed for Social Security at Full Retirement Age (FRA) and what they receive it their spouse filed for Social Security before full retirement age. Shown below is the survivor payment "haircut" schedule discussed in the video. Note this is current as of 2020. Survivor's Age - % of Deceased FRA Payment Age 50-59* - 71.50% Age 60 - 71.50% Age 61 - 75.58% Age 62 - 79.65% Age 63 - 83.72% Age 64 - 87.79% Age 65 - 91.86% Age 66 - 95.93% Full Retirement Age and Beyond - 100% * This applies to those who are disabled only Important Links: Federal Reserve Board Survey of Consumer Finances: Social Security Administration Application for Benefits Current Social Securi

States that don't tax your pension or Social Security: Simply take all the states wiht no state income tax and then add Alabama, Illinois, Mississippi and Pennsylvania. Yes, you heard that right, Illinois is one of the few states that leave your pension AND Social Security alone! Oh, don't get me wrong, they make up for it in other ways but in terms of income from retirement accounts Illinois is going to be hard to beat. ================================= GET ALL MY LATEST BLOGPOSTS: If you like what you see, a thumbs up helps A LOT. It tells YouTube that people are engaged and so the Youtube algorithm will show the vide to others who may be interested in the content. So, give me a thumbs up, please! Don't forget to SUBSCRIBE by clicking here: Contact me: Josh@heritagewealthplanning.com GET MY BOOKS: Both are FREE to Kindle Unlimited Subscribers! The Tax Bomb In Your Retirement Accounts: How The Roth IRA Can Help You Avoid It Strategic Money Plan

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 📲CONNECT WITH US ON SOCIAL MEDIA: LinkedIn ➡️ Facebook ➡️ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ Securities offered only by duly registered individuals through Madison Avenue Securities, LLC (MAS), member FINRA/SIPC. Investment advisory products and services made available through AE Wealth Management, LLC (AEWM), a Registered Investment Advisor. MAS and The LifeWealth Group are not affiliated companies. All investments are subject to risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Any references to guarantees or lifetime income generally refer to fixed insurance products, never securities or investment products. Insurance and annuity product guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. This is intended for informational purposes only. It is not intended to be used as the sole basis for fi

See two of my favorite strategies for delaying your Social Security retirement benefit. There are other solutions as well, but we get into the pros and cons (and a brief example) of working longer and spending from your savings. The longer you wait to claim your Social Security benefit, the more you get. Your benefits increase by roughly 8% per year until age 70, but most people can claim as early as age 62. There’s a big difference between how much you get at age 62 and age 70. Unfortunately, it’s not as easy as saying “I’ll just wait.” If you stop working before you take benefits, you’ll need a way to pay expenses before those Social Security payments come in. You can use your 401(k), IRA, or other retirement savings accounts to pay costs. Taxable accounts and other financial resources can also come in handy. But it takes some careful planning to pull this off—you’re going to take significant withdrawals from your savings, so it’s crucial to run some numbers (of course

Saving for Retirement which one is better 401k or Roth IRA. Learn more about how stocks work Gear used Microphone Mic stand Mic interface Lights Background music from Epidemic Sound *This video is made for entertainment purposes only and should not be used as financial advice or life coaching advice. I am not a financial advisor. Investing has risks so please be sure to do your own research before making any financial decisions. Links in the description may contain affiliate links and may be subject to a referral bonus. The content in this video is accurate as of the date of posting but may not be accurate in the future.... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA 401k Vs Roth IRA: How to Secure a Comfortable Retirement Planning for retirement is a crucial aspect of financial wellbeing. In today's world, individua

In this video I'll be covering the earnings limit rules that’ll be effective for 2022 and then answer some of the top questions that I’ve been asked since I made the 2021 update video. 🔥🔥 Get the Ultimate Social Security Cheat Sheet! It takes the essential information from the 100,000 page Social Security website and condenses it down to just one page! 🔥🔥 📊 Get a customized Social Security filing plan. Start with a complimentary 15-minute consultation with my team of Registered Social Security Analysts ➡️ Want to take a deeper dive into investment management and financial planning with Devin and his team? -- Video: Social Security...What Counts As Income? → Financial Advisors! Become an RSSA and discover how Social Security expertise can unlock massive opportunities for your practice -- 🧑‍💻 Don’t miss my free online workshop, “How to Choose the RIGHT Age to File for Social Security.” In this workshop you’ll learn: ✔The Most Important Factors to Co

Only 35% of Social Security recipients file at Full Retirement Age (FRA), yet most of them should... This short video will help you make the decision about when to file for this important part of your retirement income. Questions to Ask A Financial Planner to Determine if They Know How Social Security Really Works Please explain what the best age is for me to file for Social Security and Why? Please explain provisional income to me. What is the best age for my spouse to file for Social Security if her/his retirement benefit is less than half of mine? What are Social Security Credits and how are they calculated? What is a Social Security Breakeven Analysis and is this a good way to determine when to file? Do I need to file for for Social Security for my spouse to receive spousal benefits. What is the Survivor Benefit and how is it determined? What is the payout percentage difference between filing at full retirement age and minimum filing age? Note: If you financial plan

There are five simple steps that you can take to reduce (or even ELIMINATE) the taxes on Social Security. Optimize your retirement plan with Devin and his team. Get started with a complimentary 15 minute phone call. Schedule at 🔥🔥 Get the Ultimate Social Security Cheat Sheet! It takes the essential information from the 100,000 page Social Security website and condenses it down to just one page! 🔥🔥 📊 Get a customized Social Security filing plan. Start with a 10-minute discovery call with my team of Registered Social Security Analysts ➡️ Want to take a deeper dive into investment management and financial planning with Devin and his team? -- → Financial Advisors! Become an RSSA and discover how Social Security expertise can unlock massive opportunities for your practice -- 🧑‍💻 Don’t miss my free online workshop, “How to Choose the RIGHT Age to File for Social Security.” In this workshop you’ll learn: ✔The Most Important Factors to Consider BEFORE You File

In this video, we explain how the death of an ex-spouse affects your social security balance, how you draw social security if you've never remarried, and more. A surviving spouse can collect 100 percent of the late spouse's benefit if the survivor has reached full retirement age, but the amount will be lower if the deceased spouse claimed benefits before he or she reached full retirement age. Watch the video to learn more! Download FREE Cheat Sheet, CLICK HERE 👉 Starting Medicare soon and don't know where to start? WATCH MEDICARE BASICS: Learn exactly how Medicare works in our free workshop here: 📺 Subscribe to our channel if you want more information on Medicare & Social Security: The Medicare Family has been making Medicare and Social Security easy for 40+ years, across all 50 states. And each year, our family continues to help more and more people with how Medicare works, when to take Social Security, and how to find the best Medicare plans. We kn

If you are married, figuring out when you and your spouse will each take Social Security retirement benefits can be a complex decision with more than a few unintended consequences. Here are three questions that can help you make the best decisions for your Social Security benefits individually and as a couple. Resources mentioned in this video: My video: Calculating Social Security Spousal Benefits with Dual Entitlement Spouse's Guide to Social Security Survivor Benefits 🔥🔥 Get the Ultimate Social Security Cheat Sheet! It takes the essential information from the 100,000 page Social Security website and condenses it down to just one page! 🔥🔥 📊 Get a customized Social Security filing plan. Start with a 10-minute discovery call with my team of Registered Social Security Analysts ➡️ Want to take a deeper dive into investment management and financial planning with Devin and his team? -- → Financial Advisors! Become an RSSA and discover how Social Secu

Retirement Planners of America's Senior Retirement Planner Ken Moraif reviews the economy and market events for the market week ending May 26, 2023. Learn more or sign up for RPOA's weekly Market Alerts at #retirementplanning​​​ Economic indicators and stock market performance cannot be predicted. Opinions expressed regarding the economy and the stock market belong solely to Ken Moraif on behalf of Retirement Planners of America and may not accurately portray actual future performance of the economy or stock market outcomes. Opinions expressed in this video is intended to be for informational purposes only and is not intended to be used as investment advice for individuals who are not clients of Retirement Planners of America. All content provided is the opinion of Ken Moraif, CEO and Founder of MMWKM Advisors LLC (d/b/a Retirement Planners of America). ©Copyright 2023 Data projections do not consider any influencing factors such as future Federal Reserve rate change

Download my FREE Cheat Sheet, CLICK HERE ... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA Write an article about Social Security Earnings Limit Explained in English https://inflationprotection.org/rewrite-this-title-social-security-earnings-limit-explained/?feed_id=103244&_unique_id=64784600b8952 #Inflation #Retirement #GoldIRA #Wealth #Investing #collectingsocialsecurityandworking #howmuchcaniearnwhileonsocialsecurity #howmuchdoineedtoretire #Medicare #socialsecurity #socialsecuritybenefitsatage62 #socialsecurityearningslimitpaybackcalculation #socialsecurityexplained #socialsecurityincomelimit #SocialSecurityIncrease #socialsecuritypayments2022 #socialsecurityquestions #socialsecurityretirement #socialsecurityretirementbenefits #themedicarefamily #workingandsocialsecurity #SpousalIRA #collectingsocialsecurityandworking #ho

Today we're talking about some of the benefits of staggering your retirement years with your spouse. It may make more sense not to retire at the same time as your spouse so you can lower taxes, contribute to Roth IRA's and get company matches in your 401k as well as social security benefits as well. We're an investing service that also helps you keep your dough straight. We'll manage your retirement investments while teaching you all about your money. ---Ready to subscribe--- For more information visit: www.JazzWealth.com --- Instagram @jazzWealth --- Facebook --- Twitter @jazzWealth Business Affairs 📧Support@JazzWealth.com... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA Retirement is often viewed as a milestone that married couples want to achieve together. However, there are many reasons why it may be benefici