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Financial Advisor, Brian Biggs discusses the foundational elements of Social Security in this 3-part video series.

In this 3-part video series, one of our Financial Advisors, Brian Biggs, will walk you through the basic elements of Social Security and how it relates to a well thought out retirement plan. Brian works with many clients who are nearing retirement age and thought it would be good to discuss some of the common questions he receives about social security. This 3-part series will include, the basics of Social Security, Social Security for couples and Social Security for singles.

Part 3 – Social Security for Couples

In this final video, Brian will walk you through…

• Strategy for filing for a spousal benefit
• Survivor benefit considerations
• Deemed filing rule
• Rules that apply to minor children

If you missed Part 1, Social Security Basics, click here or Part 2, Social Security for Singles, click here. And as always, if you have any questions or if you would like to review your retirement plan, please contact us. (Click here for contact information). Or if you’d like to learn more about our retirement planning and investment services, click here.

Want to learn more? Here’s an additional resource for you…

 

Married couples have Social Security options

Article from Vanguard

Coordinating your benefits with your spouse’s benefits can help you both get the most out of your Social Security payments. In some cases, it makes sense for both spouses to claim on the same spouse’s earnings record. Many couples use a “split strategy,” which means they begin claiming at different ages. It might be worthwhile for the higher earner to wait longer to collect. Click here to continue reading this article from Vanguard.

 

Presented by Brian Biggs, CPA – Financial Advisor, Senior Tax Accountant

Learn more about Brian and the rest of the Storen Financial team here.