How to Answer 10 Key Social Security Questions From Clients

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Elaine Floyd walks you through a bit of health care planning she did with a friend of hers on her 65^th birthday, providing fresh insight into how to help your clients make Medicare and insurance decisions without supplanting the appropriate professionals.

How Health Care Works in This Country

Horsesmouth Essential: American health insurance is expensive and convoluted, especially when clients need to switch between employer insurance, individual insurance, Medicare, VA, or Medicaid. And few professionals are equipped to provide the good information clients need to make smart, cost-effective choices.

Working With the Social Security Administration

When making claims at the SSA, use the agency’s automated processes, keeping any human interaction to the minimum. Especially if you have multistep claiming strategies or benefit calculations, avoid frontline workers, who are not familiar with such strategies and may create unnecessary problems for clients.

The Baby Boomer Life Expectancy Paradox Calls for a Hybrid Approach

Horsesmouth Essential: Clients’ subjective life expectancy factors into many retirement decisions, and often presents a conflict between “living for today” and “saving for tomorrow.” But a retirement plan that uses different life expectancies for different goals can help your clients get the best of both worlds.