• You and Social Security

  • Oct 19 2024
  • Length: 52 mins
  • Podcast

You and Social Security

Listen for free

View show details

  • Summary

  • Send us a text

    Brian Akers and Sam Payne discuss Social Security eligibility, benefits, and planning strategies. Social Security can be claimed at age 62, with full benefits at 67 for those born in 1960 or later. Early claims are reduced, while delayed claims increase by 8% annually until age 70. The primary insurance amount is crucial, based on 30 years of earnings. Spousal benefits can reach 50% of the primary earner's benefit, but are reduced if claimed early. The Social Security Trust Fund is projected to run out by 2034, potentially leading to benefit reductions. Proper planning should include multiple income sources and consider future changes to Social Security.
    Show More Show Less
Show More Show Less

What listeners say about You and Social Security

Average Customer Ratings

Reviews - Please select the tabs below to change the source of reviews.

Audible.com.au reviews

Amazon Reviews
No Reviews are Available
In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.