Social Security Today: Finding Opportunity Despite Rule Changes
Date: Tuesday, May 3, 2016
Time: 4pm ET | 1pm PT
Brought to you by:
The Bipartisan Budget Act of 2015, signed into law last November, ushered in significant changes to Social Security. Among these changes are the elimination of the popular “file and suspend” and “restricted application” claiming strategies – both of which involved Social Security spousal benefit claims and served to increase recipients’ benefit checks.
With these changes, advisors still have an opportunity to help clients with Social Security planning. Now, there is even more consideration needed for clients to maximize benefits. Furthermore, Nationwide's second annual Social Security survey of retirees, and those nearing retirement, found that 71 percent of future retirees would switch financial advisors just to receive advice on Social Security benefits.
Reserve your spot for this complimentary webcast to learn the ins and outs of the recent Social Security rule changes and how it affects your business and clients, including:
- The types of opportunities that still exist for advising on Social Security benefits
- What tools and resources are available to support your Social Security planning
- Claiming strategies for married beneficiaries, including case studies
- How earnings test is even more important now in the absence of “file and suspend”
- Optimizing benefits and planning for widows
David A. Littell, JD, ChFC®
Joseph E. Boettner Chair in Research
Professor of Taxation
Professor Littell is the co-creator of the Retirement Income Certified Professional® (RICP®) designation and coordinates the design, development and ongoing improvement of the three-course curriculum: HS 353: Retirement Income Process, Strategies, and Solutions; HS 354: Sources of Retirement Income; and HS 355: Managing the Retirement Income Plan. He also co-authored GS 808: Selected Issues in Retirement Planning in The College’s MSFS program and DP 1600: Seminar in Aging in The College’s PhD in Financial and Retirement Planning program.
A native of Chicago, Professor Littell holds a BA degree in psychology from Northwestern University and earned his JD at the Boston University School of Law. Professor Littell, who resides in Ardmore, PA, is an avid tennis player and fencer. He was a member of the 1988 U.S. Olympic Fencing Team and was a fencing coach at Haverford College from 1999 to 2006.
Timothy J. O'Mara
Nationwide Retirement Institute®
Timothy J. O’Mara joined Nationwide in February 2010 with more than 18 years of financial industry experience. As a Vice President for the Retirement Institute, Tim is dedicated to educating advisors, clients, plan sponsors and plan participants about the latest in retirement income trends. He brings expertise to implement practical and comprehensive retirement income solutions. He stimulates the thinking and actions of professionals as they struggle to cope with the changing world of retirement.
Nationwide and ThinkAdvisor are separate and non-affiliated companies.