Social Security (Virtual)  (SS-VIR)

8.00 CPE Credit Hours

Attend this course to learn about FICA, the Medicare tax, and more and advise your clients to make optimal decisions when it comes to Social Security and Medicare.

Designed For
CPAs and other business professionals

Objective

Upon completion of this course, you will be able to:

• Explain the basic structure of the system to clients and provide them with additional resources they can use to find out more information
• Guide clients through the process of applying for Social Security benefits
• Explain to client when they will qualify for survivors' benefits
• Explain the disability protections to clients as well as when they are eligible for benefits and how their benefit amount is determine
• Inform clients about the various health insurance benefits for which they are eligible under Medicare
• Walk clients through various scenarios of how adjusting their earnings will affect their benefits
• Provide planning advice on when client should begin to withdraw their benefits
• Provide married couples with strategies to receive the maximum benefit.

Highlights

• Qualifying for benefits
• Benefits for divorc‚es, widows and widowers
• Dependent and disabled children
• Planning to maximize benefits
• Special issues such as windfall elimination and government pension offsets
• How benefits are calculated
• How to sign up
• How to add Social Security consulting to your advisory services
• Brief review of Medicare
• Updated for 2021

Prerequisites
Basic knowledge of Social Security and Medicare

Advanced Preparation
None

Developer
TaxSpeaker

Presenters
Ron Roberson,

Level of Knowledge
Update