Should I Delay Social Security Benefits in 2024?
It’s 2024, the world is changing fast, and, as a CPA, your retirement finances are quickly becoming your primary concern. Social Security benefits will become available to you in just a few short years. At that point, you’ll face a crossroads – should you start taking your Social Security benefits immediately, delay for a few […]
Understanding Spousal Survivor Benefits for CPAs
Nobody wants to experience it, but unfortunately, some of us will: the loss of a spouse. While you may be quite adept at handling financial complexities as a CPA, deciphering the nuances of Social Security survivor’s benefits during such a time can be challenging. However, your choices at this difficult moment can have financial consequences […]
Social Security Planning for Married Couples
As CPAs, it is essential to assist clients in making informed decisions about their retirement planning, particularly regarding Social Security benefits – and this knowledge will eventually become valuable for CPAs themselves. Improper timing can lead to thousands of lost potential dollars at a time when every dollar counts, and the consequences can last a […]
Should you delay social security benefits?
Social Security is an essential source of retirement income for many Americans, including Certified Public Accountants. This holds especially true when considering the current state of retirement statistics. The combination of inadequate savings rates, prolonged retirements, and extended lifespans can easily throw a wrench even into the soundest retirement plans. Therefore, deciding when to start […]
