Maximizing Your Social Security Benefits

social security cardThursday, December 6, 6:30-8 pm, Falcon Room, Main Library

This workshop focuses on several key Social Security planning issues faced by retirees and near-retirees. Strategies for obtaining the most advantageous Social Security benefits will be explained and recent changes in the system clarified.

The workshop will cover:

  • How Social Security Benefits are calculated
  • Strategies on when to apply for Social Security in order to receive the maximum benefits
  • Recent legislative changes in Social Security
  • The optimal timing of benefits for couples and individuals
  • Strategies for divorcees and widows/widowers
  • Taxation of benefits
  • How pension or IRA/401(k) income may affect taxation of Social Security benefits
  • Pros and cons of working while receiving benefits
  • Solvency of Social Security
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