Social Security Benefits & Other Retirement Options (Currently Unavailable)

Author: Marcia Miller

It's a fact of life that individuals are living longer. What is not certain is the fate of the Social Security system. Assuming that we, and our clients, will be able to take advantage of the system currently in place, it is imperative to understand the regulations that the Social Security Administration has us abide by. In addition, we will examine other possible retirement and disability insurance benefits.

Publication Date: June 2016

Designed For
Attorneys, CFOs, CPAs, Enrolled Agents, Estate and Financial Planners and any other professionals who advise their clients on future retirement planning.

Topics Covered

• Social Security Benefits: Retirement Income and Limitation, Disability Insurance, Survivor Benefits, and Taxability of Benefits
• Medicare Options: Health Insurance Benefits (Parts A, B & C), Prescription Drug Care (Part D)
• Medicaid Benefits and Limitations: Eligibility requirements
• Alternative Sources of Retirement Income: Reverse Mortgages for Seniors, Top Ten Myths

Learning Objectives

• Recognize the normal retirement challenges
• Identify the road-map for "baby boomers"
• Describe Social Security Disability Insurance
• Recognize the amount of Social Security benefits are taxed upon
• Identify when spousal benefits are available when planning for retirement
• Differentiate accurate descriptions of Medicare Parts
• Recognize when Social Security survivor benefits for children considered taxable income
• Identify unique loan characteristics of Reverse Mortgages
• Describe the qualifications that must be met to apply for Social Security benefits
• Recognize the form annual benefits received and insurance premiums paid
• Differentiate Medicare Parts
• Identify valid statements regarding long-term care insurance
• Recognize features and requirements of a Reverse Mortgage

Level
Intermediate

Instructional Method
Self-Study

NASBA Field of Study
Administrative Practice (2 hours)

Program Prerequisites
A basic understanding of Social Security Benefits, Medicare, and Medicaid.

Advance Preparation
None