Social Security Talk

Today's podcast will discuss EZ Navigator with your host, Marc Kiner and Guest Speaker, Chris Hall. Happy holidays!

• Website: PremierNSSA.com
• Email: [email protected]
• Phone: (513) 247-0526

Today's podcast will discuss Divorced Spouse Benefits with your hosts, Marc Kiner and Jim Blair. Happy holidays!

• Website: PremierNSSA.com
• Email: [email protected]
• Phone: (513) 247-0526

Guest speaker is Mark Mrky with Life Insurance Settlements, Inc.

• Website: PremierNSSA.com
• Email: [email protected]
• Phone: (513) 247-0526

Welcome to Social Security Talk, where we review situations that are unique to clients, and learn about how advisors are using Social Security knowledge in their practice.  Whether you specialize in Social Security already or are interested in learning more, Social Security Talk is THE PLACE FOR YOU!!  For more details about our certificate program, or if you would like to be a guest on our show, please visit our website PremierNSSA.com and leave us a message on the contact page.

• Website: PremierNSSA.com
• Email: [email protected]
• Phone: (513) 247-0526

On today’s show, Marc and Jim review a handful of situations divorced couples are encountering as they consider retirement strategies, as well as when the Social Security offices might be open again.

Welcome to Situational Social Security, where we review situations that are unique to clients, and learn about how advisors are using Social Security knowledge in their practice.  Whether you specialize in Social Security already, or are interested in learning more, Situational Social Security is THE PLACE FOR YOU!!  For more details about our certificate program, or if you would like to be a guest on our show, please visit our website premierNSSA.com and leave us a message on the contact page.

4:34 - Amanda was recently divorced and is only eligible to collect off of her ex husband.  She is wondering how to obtain information on her ex-husband’s benefits.  

8:39 - Alex divorced 3 years ago.  He learned that his ex-wife was collecting off of his record while her benefits accrue delayed retirement credits.  He was wondering if he could also file a restricted application to earn spousal benefits before filing for his own. 

10:34 - Chloe was married 3 times for 10 years each.  She has been collecting off of ex-spouse #1 and just learned the ex-spouse #2 has just reached age 62.  She heard that she can now collect off of ex-spouse #2.  Is this possible?  

14:43 - Cindi is age 65 and is eligible for her own benefits, but she wants to file a restricted application off of her ex-spouse to let her own benefits earn delayed retirement credits.  Cindi was born in March of 1954.  Can she file a restricted application?  

16:16 - Betty is age 65 and has been divorced for 18 months.  She wants to collect off of her ex-husband, but her ex-husband wants to wait until age 70 to maximize benefits for his current wife.  What are Betty’s options?  

Tune in to find out!

• Website: PremierNSSA.com
• Email: [email protected]
• Phone: (513) 247-0526

On todays show, Marc and Jim review a handful of situations surviving spouses are encountering as they consider retirement strategies.

Welcome to Situational Social Security, where we review situations that are unique to clients, and learn about how advisors are using Social Security knowledge in their practice.  Whether you specialize in Social Security already, or are interested in learning more, Situational Social Security is THE PLACE FOR YOU!!  For more details about our certificate program, or if you would like to be a guest on our show, please visit our website premierNSSA.com and leave us a message on the contact page.

2:06 - Martha is age 59 with a PIA of $1,000.  Her husband recently passed away at age 62.  His death PIA per SSA is $2,400.  Martha is confused regarding her Social Security options. 

7:13 - Sam passed away leaving behind his wife, Chloe, and a 7 year old son, Charlie.  Chloe heard about the child in care benefit but does not understand if she qualifies.  

10:39 - Sue is age 63 and has a PIA of $1,250.  Her husband passed away a year ago.  His death benefit is $2,300.  Sue is working with an annual salary of $25,000.  She was not sure about her options, or the impact of her earnings on her widow or retirement benefits. 

14:54 - Sid’s wife passed away a couple years ago.  He is now age 64 and did not realize that he could have begun receiving a widower benefit sooner.  He wants to file an application to claim benefits effective two years ago when his wife passed away.  He learned that there is a 6 month retroactive rule, but does not understand if it applies to him.  

16:12 - Claire’s ex husband passed away in January at age 62.  Claire is age 61 and wants to begin benefits.  She is working and her earnings are around $50,000 a year.  She contacted SSA at 800 772 1213 to apply for widow benefits.  Claire was asked about her earnings.  She is not a happy camper!

Tune in to find out!

• Website: PremierNSSA.com
• Email: [email protected]
• Phone: (513) 247-0526

On todays show, Marc and Jim review a handful of situations married couples are encountering as they consider Social Security

Welcome to Situational Social Security, where we review situations that are unique to clients, and learn about how advisors are using Social Security knowledge in their practice.  Whether you specialize in Social Security already, or are interested in learning more, Situational Social Security is THE PLACE FOR YOU!!  For more details about our certificate program, or if you would like to be a guest on our show, please visit our website premierNSSA.com and leave us a message on the contact page.

3:50 - John is 66, and Joan is 45, and they are wondering if there are any benefits payable to their 10 year old son.  They were worried about filing for benefits prior to age 70 and not maximizing widow benefits. 

8:31 - Jim talks about the challenges getting in contact with the Social Security offices this year and what the best options are to receive assistance.

10:45 - Jim explains the term PIA(primary insurance amount) for our listeners as it is helpful to understand when reviewing these situations

11:39 - Joe’s PIA is $2,500, and Jane’s PIA is $0, which means she does not have 40 credits and is not eligible for her own Social Security benefits.  Both were born in 1954 and turned FRA in 2020.  Should Joe take is his benefits now to allow Jane to take a spousal benefit? Or should Joe wait until age 70 to maximize delayed retirement credits, hence maximizing the survivor’s benefit?  

15:45 - Sam was born in 1953, with a PIA of $2,500, and Joan was born in 1955, with a PIA of $1,500.  Since Sam was born prior to 1/1/54, they heard they might be able to take advantage of the restricted application strategy, but were not sure how to do so.

17:56 - Sid and Chloe are both age 68, their PIAs are both $2,000 per month, and they are wondering how they can use the 6-month retroactive benefit alongside a restricted application.  

19:55 - Betty’s PIA is $1,500, she turned 62 in January, her husband Albert’s PIA is $2,500 and is 65 years old.  They wondered if Betty should take her benefit early.

Tune in to find out!

• Website: PremierNSSA.com
• Email: [email protected]
• Phone: (513) 247-0526

On todays show, Marc and Jim review a handful of situations single folks are encountering as they consider retirement strategies.

Welcome to Situational Social Security, where we review situations that are unique to clients, and learn about how advisors are using Social Security knowledge in their practice.  Whether you specialize in Social Security already, or are interested in learning more, Situational Social Security is THE PLACE FOR YOU!!  For more details about our certificate program, or if you would like to be a guest on our show, please visit our website premierNSSA.com and leave us a message on the contact page.

2:25 - Maureen heard there was a strategy that would allow her to file and suspend her benefits, allowing her to build a cash reserve that she could take at any time.  She was disappointed that her financial advisor did not tell her about this strategy.  Is someone leading her on?

7:30 - Cindi has a young child who is 10, and did not know when the best time would be to take benefits.  Considering children can receive benefits, are there any special considerations to take into account before filing? 

Can Jim predict congressional proposals to change Social Security?

14:54 - Alice decided to take her benefits at full retirement age, as her mom passed away from cancer in her late 70's.  Considering her family has had health issues in the past, she is wondering if she should have taken benefits earlier.

17:08 - Marc is single, and 64 and 5 months, when should he take his benefit? 

21:03 - Sam is currently single and has an ex-spouse who he was married to over 10 years.  He still has a good relationship with his ex, and would like to maximize the survivor benefit for his ex-spouse.  What are his options to maximize this benefit?

22:42 - Samantha wants to collect benefits prior to turning full retirement age, but is still earning income.  In this situation, how will she be able to determine any effects to her benefit?

25:17 - Sid divorced Alex 3 years ago.  Alex is not taking any benefits currently.  Since Sid was born by 1/1/54, he has the option to file for a Restricted Application.  Lets walk through how he can take advantage of this strategy. 

Tune in to find out!

• Website: PremierNSSA.com
• Email: [email protected]
• Phone: (513) 247-0526

Welcome to Situational Social Security, where we review situations that are unique to clients, and learn about how advisors are using Social Security knowledge in their practice.  Whether you specialize in Social Security already, or are interested in learning more, Situational Social Security is THE PLACE FOR YOU!!  For more details about our certificate program, or if you would like to be a guest on our show, please visit our website premierNSSA.com and leave us a message on the contact page.

On today’s show, Marc and Jim introduce themselves, how they got into Social Security education, and their plans for the show.

As Marc was developing his accounting practice over time, he began to get questions about Social Security, so in 2008 he decided to offer Social Security consulting services.  After reading a number of books, he realized that he couldn’t do it alone.  He started looking for someone to help, when an attorney he knew mentioned he had an uncle who was about to retire from the Social Security Administration.  His uncle ended up being Marc’s partner Jim Blair.

In January 2010, Jim and Marc set up Premier Social Security Consulting to help clients understand and maximize their benefits.  In 2013 they evolved into an education company, when they created the National Social Security Advisor Certificate Program.  The course is 8 hours long, has received accreditation by the Institute for Credentialing Excellence, and offers the gold standard of support.

Jim had worked with the Social Security Administration for 35 years.  He started as a service representative, before becoming a claims representative for 10 years.  Then he moved into the management side of things for a number of years, finishing his final 9 years as the district manager at the Piqua, Ohio office.

We coined the phrase “Situational Social Security”, which is what we will explore on this show.  We will talk about situations for single folks, married individuals, divorcees, individuals with deceased spouses, retirees with young children, and many others….

In addition to reviewing situations, we will be interviewing advisors about how they are using their Social Security knowledge to help their clients and add value to their business. We will also have guests on to talk about related topics like Medicare, reverse mortgages, long term care, etc…

• Website: PremierNSSA.com
• Email: [email protected]
• Phone: (513) 247-0526