Busting Social Security Myths – Cravitz Financial & Insurance Solutions

Busting Social Security Myths

Retirees rely heavily on Social Security for income but they often overlook how much planning it takes to get the most out of your benefit. Most people assume they should turn it on as soon as possible and start collecting the income, but there’s so much more that needs to go into the decision.

On this episode, we’re going to clear up some of the most common myths and misunderstandings surrounding this retirement program. From how to get the most out of your claim to taxes to whether it will eventually run out of money, Ryan will help you better understand Social Security and what goes into planning for it.

Here’s some of what you’ll learn on the podcast:

  • The Social Security Administration won’t help you decide when it’s best to start your benefit.  (3:18)
  • There are spousal benefits that many people can take advantage of. (5:52)
  • Why you might have to pay taxes on your benefits. (7:33)
  • Will the Social Security program run out of money? (10:03)
  • Why you probably shouldn’t claim the benefit as early as possible. (14:17)

If you have any questions, you can contact us online here: https://cravitzfinancial.com/ 

Take advantage of our free Retire Ready Checkup to get an assessment on where you stand: https://cravitzfinancial.com/retire-ready-checkup/


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