Savvy Social Security Planning for Couples
The Social Security decisions spouses make when they are in their 60s will determine the amount of total income they will receive over their lifetime – including the lifetime of the spouse who lives the longest. This workshop will cover some little-known rules that can help married couples get more out of the Social Security system.
This workshop will cover:
- How much Social Security you and your spouse stand to receive over your joint lifetime
- Rules and guidelines for when spouses should apply for benefits
- How the decisions you make in your 60s can determine the amount of income you – or your surviving spouse – will have in your 80s and 90s
- How spouses with little or no prior earnings can take advantage of Social Security benefits
- How a little-known rule passed in 2000 has opened the door to creative spousal strategies
- The number-one most important thing all higher-earning spouses should do
- Two key things you need to know about Social Security survivor benefits
- How remarriage affects survivor benefits from a former spouse
- How to avoid mistakes at your Social Security office
This workshop is primarily for married couples as it discusses Social Security benefits available to spouses.
Eden Prairie Community Education www.edenpr.org/epcommunityed
Robert Davis, CFP®, President
Financial Compass Corporation
Robert Davis is President of Financial Compass Corporation (FCC), a fee-based, Minnesota Registered
Investment Advisory firm.
He graduated from Mankato State University in 1985 with a Bachelor of Science degree in Business. Robert served in the U.S. Peace Corps in Santiago, Dominican Republic from 1986 – 1989 as a Small Enterprise Development volunteer. In 1996, he received his M.S. from Michigan State University.
In 1998, Robert began his financial planning career with an independent financial planning firm. In 2003, he received his Certified Financial Planner ™ designation. He has actively pursued his education ever since, participating in numerous professional study programs and completing numerous advanced courses in the financial advisory field.
Robert holds Series 7, 63, and 66 NASD investment licenses. He is a Certified Financial Planner practitioner, an active member of the Financial Planning Association (FPA), and an active member of the Garret Planning Network, a nationally renowned network of dedicated financial planners, who provide all American’s access to financial planning by offering their services on an hourly basis.
Robert teaches classes in the areas of Social Security Planning, IRA Distribution Planning, Cyber Security, and for young professionals.