Self-Study
2
Basic
Taxes
There are no prerequisites.

Course Description

Understanding and making a smart Social Security election is a cornerstone decision for women's retirement plans. Not fully understanding the special financial barriers and issues women face in retirement can cost retirees hundreds of thousands of dollars.

Join Martha Shedden as she reviews most recent Social Security rule changes made in the Bipartisan Budget Act of 2015. She'll cover why Social Security planning is so critical for women and how this election decision can have a multiplier effect on their retirement standard of living. Through illustrative examples, you'll discover how to avoid an incorrect Social Security election that can result in 'money left on the table.'



Instructor

Martha Shedden

Martha is passionate and enthusiastic about educating financial professionals and retirees on the details of Social Security. Over 10,000 Baby Boomers are retiring every day and they need accurate, detailed information to make the very best individual Social Security income election decision. Social Security planning is also the foundation and first step to creating a financially secure retirement plan.

In addition to certification as a Chartered Retirement Planning Counselor (CRPC), through the College of Financial Planning, Martha is also a National Social Security Advisor (NSSA).



Course Specifics

Taxes
Sep 13, 2017
There are no prerequisites.
SS8172553
None


Compliance Information

103220
IRS Provider #: OMYXB
IRS Course ID: 0MYXB-T-01180-17-S
IRS Federal Tax Law Credits: 2
CTEC Provider #: 2071
CTEC Course ID: 2071-CE-1132
CTEC Federal Tax Law Credits: 2
Qualifies for CA Fraud: No


Learning Objectives

Upon successful completion of this course, participants will be able to:

  • Identify life span expectancies, median earnings, and the age at which an individual can collect full retirement benefits
  • Note the funding mechanisms of Social Security, including the taxability of benefits and maximum taxable earnings amounts
  • Recognize the special financial situations and economic factors that impact women and their Social Security benefits
  • Identify the most commonly used Social Security terms and acronyms
  • Recognize the information needed to calculate social security benefits, noting how to calculate AIME and PIA
  • Recognize important Social Security program historical facts, noting the components of the Bipartisan Budget Act of 2015
  • Specify the rules and requirements for spousal benefits, divorced couples, and survivors
  • Identify the most important concepts to know about social security benefit elections, noting the factors that contribute to making these areas so critical to success
  • Identify ways to maximize and optimize the Social Security election, noting the importance of aligning the Social Security election decision with management and withdrawal of other retirement assets


Choose Your Preferred Format


Online Access

Get immediate access to a robust collection of learning and reference materials, allowing you to dive deep into the information you need. Our self-study materials are authored by top-quality, industry experts who focus on helping you grasp concepts quickly using real-life examples. Download your CPE to any device, and take it with you so you can learn when and wherever you want. Complete your CPE with an online exam, and enjoy instant grading with the option to print your certificate immediately upon passing.

online access
Hard Copy

Our self-study materials are authored by top-quality, industry experts. You’ll receive a bound notebook of all the course materials, shipped to you within one business day. In addition, you’ll also have full online access. Each self-study package includes a robust collection of learning and reference materials to help you cover the information efficiently and put it into practice immediately.

hard copy
Self-Study Video

Experience high-quality instruction with our Self-Study Videos, available to you 24/7. With more than 80+ videos currently in the Western CPE Self-Study Video library, you can see and hear our expert instructors deliver the information you need in a dynamic way that allows you to immediately apply your learning. Unlike a live course or webcast, you can complete the course on your own time, playing and pausing as needed. Self-Study Videos allow you to complete your CPE requirements on your own time.

hard copy


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