≳ Free Social Security Income Planning: The Baby Boomer's 2018 Guide to Maximize Your Retirement Benefits. Fully Updated For 2018. online pdf ⋃ Ebook By Mr Mark J Orr CFP ⋦ Fully UPDATED for 2018 to reflect the changes and new rules made to Social Security by the Bipartisan Budget Act of November 2015 The book and the author have been quoted in the USA Today both before and after the new laws This is perhaps the most encompassing, yet easy to understand book on the vital and timely topic of Social Security retirement income planning It is written by an experienced Certified Financial Planner for soon to be retirees who want to learn all about the different claiming strategies for couples and for single persons never married, divorced or widowed Most people have no idea of what some their real benefit options are and unfortunately can be prone to miss out on 10,000 s The book s sole purpose is to provide people who are about to retire, with all of the information that they need to make the best Social Security benefit decisions based on their own financial circumstances and retirement goals In this respect it is an essential planning guide and road map A quick scan of the table of contents gives a glimpse of the scope and amount of powerful information provided However, what the table of contents does not show is how 95% of Social Security recipients both couples and many singles will leave up to 150,000 of benefits sitting on the table that cannot be retrieved This is money that they are fully entitled to, but these folks did not follow the little known claiming strategies described in this book It s your money, you paid into the system your whole life so don t miss out on getting every dollar that you can There are many useful examples given to show you the full range of their filing options and how to maximize your lifetime benefits Written in plain English, these examples are meant to encourage you to carefully consider how you can get the most total benefits available under the law Perhaps one of the most unique portions of the book is where the author combines his expertise of Social Security with his knowledge of income taxes to show readers how it is very possible to cut ones taxable income and their subsequent retirement income tax bill by 50% The story comparing the Early s, the Waite s and the Best s is worth ten times the price of the book, as it explains how a savvy reader can save 1,000 s of income tax dollars each year during their retirement The chapter about the 3 buckets of investment risk and the 3 taxation buckets is the perfect complement to learning about filing strategies since Social Security was never meant to provide for all one s retirement income Not only is this discussion vital for soon to be retirees, it should be required reading for every American adult before they EVER invest a single dime anywhere Don t let the low cost of the book fool you While reading the book, it becomes very apparent that Mr Orr actually works in the retirement income planning field on a daily basis with the non stop tips, warnings, things to consider and much Social Security Income Planning is concise and written in a conversational style, yet it s jam packed with all the information you need to maximize your benefits The advanced concepts and planning strategies are made so simple, that you will be able to explain them to your co workers or even to your financial advisor who very likely has only a vague understanding of the strategies you are talking about Supplemental Security Income ssa Supplemental SSI is a Federal income supplement program funded by general tax revenues not Social taxes It designed to help aged, blind, and disabled people, who have little or no Social Internal Revenue Service Sep , The net amount of social security benefits that you receive from the Administration reported in Box Form SSA Benefit Statement, report on your return line A, Line taxable portion s included used calculate liability Benefits pays adults children limited resources also are payable people older without disabilities meet 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Fully Updated For 2018.
- Social Security Income Planning: The Baby Boomer's 2018 Guide to Maximize Your Retirement Benefits. Fully Updated For 2018.
- 128 pages
- Mr Mark J Orr CFP
- 20 July 2017 Mr Mark J Orr CFP