“Savvy Social Security Planning” Seminar to Detail Strategies for Maximizing Benefits

Oct. 10, 2011 - PRLog -- Pewaukee, Wis. – For most people, Social Security is a simple equation. They work. They pay in. They retire. They collect benefits.

In truth, Social Security offers many opportunities for retired workers to supplement their income from the longstanding federal program. A well-planned strategy can significantly increase recipients’ benefit levels.

A free Oct. 25 seminar, “Savvy Social Security Planning,” will examine strategies to boost Social Security income under the program’s benefit guidelines. The seminar will explain how payments are calculated and the effect of other income on benefits. The event is at 5:30 p.m. at the Jannsen Center, W239-N3490 Pewaukee Road (southeast corner of Capitol Drive and Highway 164).

“Most workers pay into Social Security all their lives and plan to collect benefits immediately upon retiring,” said Terry Jannsen, CPA, CFP®, and President of Jannsen + Company, S.C., who will lead the seminar. “However, for those willing to consider alternative strategies, Social Security offers many opportunities to build a greater benefit later while still collecting income to maintain their lifestyle.”

For example, few might know that a spouse – even divorced spouses – can collect half of the benefit on their spouse’s record. By collecting just this benefit upon retirement, and delaying their full personal benefit for a few years, retirees can realize a significant gain in their final benefit levels.

The seminar will also address many public perceptions – and misperceptions – about the health and longevity of the Social Security program.

The Oct. 25 seminar is free, but reservations are requested. Interested attendees should call Darlene at (262) 513-9292, or e-mail wealthmanagement@jannsen.com.

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Founded in 1975, Jannsen + Company is a full-service certified public accounting and business resources firm with more than 30 professionals and employees. Besides a full range of CPA and payroll processing services, Jannsen + Company advises businesses on information technology, human resources and wealth management. Securities offered through 1st Global Capital Corp., Member FINRA,/ SIPC. Investment Advisory Services offered through 1st Global Advisors, Inc.