Social Security — Part 1: Understanding Your Benefits (midday session)
Social Security is the foundation of retirement income for most Americans, yet it remains one of the most misunderstood financial topics. An incorrect claiming decision can cost retirees — especially couples — hundreds of thousands of dollars over their lifetimes.
In this webinar, Tim Vieth breaks down the essential rules and concepts every worker needs to understand before making their claiming decision. You'll learn how Social Security benefits are calculated, what Full Retirement Age means for you, and how claiming early or delaying can dramatically change your monthly income. We'll also cover spousal benefits, divorced spouse benefits, survivor benefits, the earnings test, disability benefits, and how life expectancy should factor into your decision. Whether you're years away from retirement or approaching your filing date, this session will give you the knowledge to ask the right questions and avoid costly mistakes.
You'll walk away understanding:
- How your benefit amount is calculated and what affects it
- The financial impact of claiming at 62 vs. 67 vs. 70
- How spousal, divorced spouse, and survivor benefits work
- What the earnings test means if you plan to work while collecting
- Why life expectancy is a critical factor in your decision
