This program will prepare accountants for client questions regarding Social Security,
including advanced planning strategies. A 35-year veteran of the Social Security
Administration will teach participants how to help their clients develop a plan to
maximize Social Security benefits. This program not only increases an accountant’s
value to baby boomer clients, but it instills confidence that the accountant can be
proactive in helping clients make these very important decisions.
DESIGNED FOR
CPAs in public practice or industry who advise clients about retirement.
BENEFITS
- Recognize opportunities to increase Social Security benefits
- Use information in the annual statement
- Calculate taxable benefits and delayed retirement credits
- Advise clients regarding the earnings test
- Advise retiring clients concerning benefits
- Calculate and explain the effect of work for earnings not covered by Social Security (WEP & GPO)
- Anticipate and create opportunities to maximize benefits
- Advise clients when to file for Medicare
- Represent clients in Social Security matters
HIGHLIGHTS
- Developing issues regarding social security
- Retirement versus disability
- Annual statement
- Calculating benefits
- Taking benefits early versus later
- Taxation benefits
- Strategies for single individuals, survivors and couples
- Spousal and survivor benefits
- Medicare benefits
- Windfall Elimination Provision (WEP) and Government Pension Offset (GPO)
- Medicare benefits
COURSE LEVEL
Basic
PREREQUISITES
None
ADVANCE PREPARATION
None
ADDITIONAL NOTES
NJCPA Goes Green - Registrants Save $20
New for 2018, course materials will be distributed electronically and we're passing the savings along to you. All 8-hour seminar pricing has been reduced by $20. To access, visit your
My Events page. Download to your laptop or tablet prior to your seminar. Handouts are added as received - remember to check back for updates.