Social security is the most important retirement plan — perhaps the only retirement plan — most Americans have for their golden years. Most Americans believe that Social Security is an entitlement. After all, they paid into it, or more accurately, they had it deducted from their paychecks whether they wanted to participate in the program or not. Recently, articles have surfaced on the Supreme Court’s decisions over the years on Social Security, seemingly to suggest the fund is not a guarantee nor a promise, i.e. no contract with the American people. Just last year, Jim Cooper (D-Tenn), in an interview with Matt Cover, CNSNews.com stated, “They’re scheduled benefits and most Americans are not aware of that.”
Ken and I walk through some of these disturbing revelations and give an introduction to Social Security that can position your practice to help seniors maximize their Social Security benefits and integrate tax advantaged insurance products for supplemental retirement income.
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Steve Savant is the host of the daily producer show, Let’s Get Down to Business, and the weekly consumer show, Steve Savant’s Money, the Name of the Game. Both shows are sponsored by Ash Brokerage. Steve is the number one online author and videographer of insurance content. During his 30-year... More
Steve Savant recently shared that If whole life insurance companies compared their actual paid dividends against the 10-year Treasuries, just like indexed UL companies back test against the S&P 500, they’d have quite a story to tell.