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STRATEGIES TO MAXIMIZE YOUR SOCIAL SECURITY

Set yourself up for success and financial freedom in retirement.

When it comes to Social Security, one key to maximizing your benefits is to have the right strategy. There are countless ways to approach claiming your benefits that take into account variables such as when to claim, your spouse’s benefits, and more. In order to get the most out of your Social Security, it is essential to educate yourself on which unique strategy may work for you, as well as to consult your financial advisor. 

Mastering your Social Security strategy may be a critical way to set yourself up for success and financial freedom in retirement. Join us in this multi-part series and get all the tips you need to maximize your Social Security

Increased earnings – Part 2

Higher salary = Higher Social Security payments.

The more money you make during your working years and the more you pay into Social Security, the greater your retirement payments will be. Consider the taxable maximum, which will be $147,000 in 2022. What you earn above the taxable maximum will not be used to calculate your payments and may not be subject to Social Security taxes.

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Disclosures:

The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. Please consult legal or tax professionals for specific information regarding your individual situation. Some of this material was developed and produced by AZELLA to provide information on a topic that may be of interest. AZELLA is not affiliated with the named representative, broker - dealer, state - or SEC - registered investment advisory firm. The opinions expressed and material provided are for general information, and should not be considered a solicitation for the purchase or sale of any security.

Securities offered by Registered Representatives of Private Client Services (“PCS”), member FINRA/SIPC. The Registered Representative(s) of PCS referenced on this website may only conduct securities business in the states in which they are currently registered. For a list of a Registered Representative’s current registered states, please visit FINRA’s BrokerCheck.

Advisory services offered through Prime Capital Investment Advisors, LLC. (“PCIA”), a Registered Investment Adviser. PCIA: 6201 College Blvd., Suite 150, Overland Park, KS 66211. PCIA doing business as Qualified Plan Advisors (“QPA”) and Prime Capital Wealth Management (“PCWM”).

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