Our Social Security system provides retirement, disability, and survivor benefits to millions of Americans. The long-term future of Social Security and Medicare is uncertain, triggering concerns for many workers who are now paying into the system. Use this CPE course to learn what matters, cover real-world situations and use the tools provided to advise your clients to make optimal decisions when it comes to Social Security and Medicare.
What Medicare will and will not do
Managing Medicare gaps
Analyzing the wide menu of Social Security benefits
Social Security benefits for workers and families: retirement, survivor, disability, and death benefit
Tax impact of social security premiums and benefits
Impact of the 3.8% Medicare surtax on investment income
Recent changes to the Medicare law
This course will prepare you to:
Describe the role of the Social Security Administration and how FICA applies to the funding of Social Security, and Medicare benefits
Identify the benefit eligibility issues
Determine Social Security benefits and the implications retirement age has on those benefits
Identify what types of Social Security survivor benefits are available
Describe the disability income benefits and the multiple factors that can impact those benefits
Identify coverages and costs associated with Medicare and what it does not cover
Who Will Benefit?
CPAs, professional accountants, financial advisors, and others allied to the senior planning/retirement community (including insurance professionals, nursing home, social workers, assisted living, and retirement community).
Prerequisite: Basic knowledge of Social Security and Medicare