Social Security Tips & Strategies

Home
United States
Saddle Brook, NJ
Social Security Tips & Strategies

I'm a CPA and Registered Social Security Analyst, located in Saddle Brook, NJ.

09/16/2019

The social security payments that you receive are based on your earnings history. Social Security computes your retirement payment from your 35 best years of work (after adjusting for inflation). The 35 years don't have to be consecutive nor recent ones. If you don't have 35 years of covered earnings (remember - 10 years is all you need to be eligible), Social Security will still use 35 years, but they'll include the "zero years" in their calculations. So, if you have fewer than 35 work years, working a little longer can make huge difference in your lifetime benefits!

09/11/2019

Once YOU qualify for Social Security benefits, the following people may also qualify based on your work record: your current spouse, your ex-spouse(s), your young children, and your disabled children. Moreover, when you die, your work record can continue to provide survivor benefits to your loved ones, including your dependent parents, and not-so-loved ones, like your ex-spouses. On the flip side of the coin, you yourself can receive spousal benefits, divorced spousal benefits, child benefits, child survivor benefits, parent benefits, based on the work record of others.

09/10/2019

Social benefits in a Nutshell 🥜
📍 To be eligible to collect on your own record, you need 10 years of work where you paid Social Security taxes
📍 Your Full Retirement Age (FRA) is between 65 and 67, depending on your birth year
📍 Starting to collect Social Security at your FRA yields a 100% payment
📍 Reduced payments are available as early as age 62
📍 Delaying your Social Security payments up to age 70 will result in higher benefits. There is NO benefit to delay past 70!!

09/09/2019

I'm a CPA and a Registered Social Security Analyst, and I created this page to help the soon-to-be and not-so-soon-yet retirees to make better Social Security claiming decisions. In my practice, I came across so many people who just lost too much in overall lifetime benefits by claiming at a wrong time🤷‍♀️, not claiming at all ⁉️, or making the decision based on what the cousin or neighbor did🤭😲, that I decided I need to start educating. It's your money after all - you funded it through your payroll deductions for decades!!! Treat it as it is supposed to be treated - as an IMPORTANT ONCE-IN-A-LIFETIME DECISION 🙌. It will provide you with income for the rest of your life 💲. Actually, it is the ONLY source of income that you cannot outlive and it's even adjusted for inflation!!! With increased longevity, you may be SHOCKED how much in total LIFETIME DOLLARS you can receive. So don't wing it!!!!
Through my little posts I will help you understand the claiming process so, when the right time comes, you pick the BEST STRATEGY (that is based on your unique personal circumstances). Talk too you soon!!!! 🤗

Address

337 Market Street, Suite 3
Saddle Brook, NJ
07663

Website

http://www.wasiakcpa.com/

Alerts

Be the first to know and let us send you an email when Social Security Tips & Strategies posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Social Security Tips & Strategies:

Shortcuts

Want your business to be the top-listed Finance Company in Saddle Brook?