Gone are the days of grandad’s or grandma’s pension. What use to be a comforting contract between employers and employees for life after work, has now—in most cases—become a less than successful plan for retirement. That’s where Social Security (SS) comes in. Yes, SS exists to supplement income after retiring, but if the plan for collecting isn’t setup correctly thousands of your hard earned retirement dollars could be lost.
This week on the David Lukas Show, Little Rock’s own David Lukas discusses the top 10 most frequently asked questions about Social Security posed to him during David Lukas Financial’s Maximizing Social Security courses held in 2017.
The 10 most frequently asked questions about Social Security addressed on today’s show:
- When am I eligible to receive Social Security benefits?
- Is SS in trouble? Will it be around when I need it?
- What happens if I claim Social Security but continue to work?
- How is eligibility determined?
- When is the best time to claim SS? Could I claim other benefits?
- How much will I be taxed?
- What happens if my spouse dies (what are survivor benefits)?
- What if I’m divorced?
- Why can’t I get any reliable advice from the SS administration/department?
Want to know the valuable advice David gave on these questions? Curious about the changes coming to Social Security in 2018? Listen to the entire episode.
There are changes in SS coming in 2018.
If any critical financial issues were placed before you, would you be prepared? David Lukas Financial specializes in strategies designed to help you prepare for uncertainty in retirement. Want to know more about The WorryFree Retirement® process? Call David Lukas, (501) 218-8880, today to learn more about what David Lukas Financial can do for you. *Conveniently located right here in North Little Rock, Arkansas.
The Guide to Social Security can help you understand how to keep up to 32% more of your money for retirement. Since you have a choice of when to start Social Security and also your individual or employer-plan qualified retirement money, can be coordinated to maximize your Social Security. Request your Free Guide To Social Security today! (Must be a resident of Arkansas)