Author : | Martha Shedden, CLIENTFIRST FINANCIAL, Principal |
Course Length : | Pages: 1 ||| Review Questions: 0 ||| Final Exam Questions: 1 |
CPE Credits : | 2.0 |
IRS Credits : | 0 |
Price : | $79.95 |
Passing Score : | 70% |
Course Type: | Text - NASBA Registry |
Technical Designation: | NonTechnical |
Primary Subject-Field Of Study: | Business Management & Organization - Business Management & Organization for Course Id 897 |
Description : | For Baby Boomers, the effect of an educated, well-timed Social Security income election decision can lead to an increase in retirement standard of living and longevity of portfolios. Often the claiming rules and strategies can be quite complex for certain cases. Clients may have special situations such as, working while collecting Social Security, a pension from non-covered employment (e.g. government employees), or caring for a disabled child, that make the Social Security decision more complicated. This 2-hour course will provide you with detailed knowledge about the Advanced Social Security topics that are not so frequently encountered, but must be understood to provide accurate, in-depth advice when offering Social Security and retirement income planning services to a broad base of clients. |
Usage Rank : | 0 |
Release : | 2015 |
Version : | 1.0 |
Prerequisites : | Basic understanding of the Social Security system. |
Experience Level : | Overview |
Additional Contents : | Complete, no additional material needed. |
Advance Preparation : | None. |
Delivery Method : | Group: Internet-based. |
Intended Participants : | Tax Professionals: CPAs, Enrolled Agents. Financial Professionals: CFP, IAR, Life and Annuity Agents, CLU, CPRC, CFS, ChFC, CIC, and CIMA. |
Revision Date : | 14-May-2015 |
NASBA Course Declaration : | Participants must complete the final examination within one year of purchase and with a minimum passing grade of 70% or better to receive CPE credit unless otherwise noted on the Course History page (i.e. California Ethics must score 90% or better). After logging in click on the Course History links on your My Courses page for the Begin date and Expire date for the Final Exam. |
Approved Audience : | Text - NASBA Registry - 897 |
Keywords : | |
Learning Objectives : | After attending this webinar you will be able to:
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Course Contents : | 1.
Who
is affected by the Windfall Elimination Provision, WEP 2.
How
WEP is calculated and how it affects the claimant’s Social Security income 3.
Who
is affected by the Government Pension Offset, GPO 4.
How
GPO is calculated and its impact on the claimant’s Social Security income 5.
When
the Earnings Test rule applies to claimants and the specific thresholds of income
earnings to watch for 6.
The
truth about a common misunderstanding of the Earnings Test rule 7.
What
the Family Maximum Benefit (FMB) is and
who it applies to 8.
Examples
of the FMB related to dependent and disabled children, ex-spouses, parents and
survivorship benefits 9.
The
basics about how Social Security claiming rules and strategies can apply to Domestic
Partners, including a sample case study 10.
Resources,
further education 11.
Conclusion |