Social Security Archives - Creative Edge

Drastic Changes to Social Security to Come in 2016

Big changes to Social Security are set to take effect in 2016. The Bipartisan Budget Act of 2015, passed by Congress and signed into law by President Obama on October 30, 2015, will dramatically impact two Social Security claiming strategies: restricted application benefits and voluntary suspension benefits. These changes are incredibly important to recognize as… Read More


A Plethora of Marketing Tools at Your Fingertips

With CreativeOne’s Dynamic Marketing Portal (DMP), you can gain access to a multitude of executable marketing tools available online 24/7. Using these custom, hand-selected tools, you’ll be able to implement turnkey programs, connect with prospects and clients cost-effectively, and systematize your marketing. The DMP can make marketing easier, leaving you to what you do best–running the business…. Read More


Retirement Income Plans Simplified with IMAX

The Income Maximizer or IMAX is an easy to understand retirement income planning software program that helps producers create retirement income plans for their clients. IMAX helps give a producer’s product recommendations validity as it shows their effect on a client’s retirement income picture. Many Americans today do not spend the necessary time analyzing what their… Read More


Social Security’s Financial Outlook

The Center for Retirement Research at Boston College has released a new brief titled, “Social Security’s Financial Outlook: The 2014 Update in Perspective,” by Alicia H. Munnell, director of the center. The brief’s key findings are: The 2014 Trustees Report shows little change from last year: Social Security’s 75-year deficit rose modestly to 2.88 percent of… Read More


Why the Social Security retirement age is really 70

One of the most frequent questions people have about Social Security is when they should begin drawing their monthly benefits. While it’s widely believed that the Social Security retirement age is 66 or 67, one recent study suggests it’s actually age 70. Fidelity & Guaranty Life (FGL) has teamed with the Center for Retirement Research… Read More


How to use the Social Security Suite in your business

Social Security is one of the most talked about subjects in retirement income planning. It’s one of those rare financial topics that eventually impacts everyone. In fact, according to the Social Security Administration, about 58 million Americans received $816 billion in Social Security benefits in 20131. And yet, even with so many people reaching the… Read More


Public Employees and Social Security, Part I

How the Windfall Elimination Provision can impact your clients’ Social Security benefits. Many advisors assist clients who worked as public employees in jobs not covered by Social Security. However, such public employees or their spouses may also be entitled to Social Security benefits earned in jobs that are covered by Social Security. In talking with… Read More


AARP: Social Security Another Magical Stimulus – Part 2

Supporting the fight for the (SAFE) Retirement Act of 2013

Read Part I of this article here. AARP’s premise:  “Social Security Generates $1.4 Trillion in Economic Activity and Supports More Than 9 Million Jobs.”  [AARP Press Center, October 1, 2013](1) Fact:  Social Security paid out $775 billion in retirement, survivor, and disability payments in 2012. AARP asserts the well-known “Multiplier Effect.” Supposedly, Social Security payments… Read More


AARP: Social Security Another Magic Stimulus – Part 1

Psychology defines magical thinking as continued belief with no rational theory or contrary to evidences. I have always loved the accompanying cartoon by Sidney Harris:   Yes, this scientist needs some more work on his models. This form of unrealistic proof is on display in a recent study from AARP, the old American Association of… Read More


Court prospects with the Social Security Suite

One of the largest areas of concern among retirees and pre-retirees is Social Security. In 2013, almost 58 million Americans will receive $816 billion in Social Security benefits, according to the Social Security Administration. Every day people are trying to understand when to start their benefits, how to maximize the amount they receive and how… Read More