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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Syndicated financial columnist Steve Savant hosts the weekly video talk show for consumers entitled, Steve Savant's Money, the Name of the Game and advisers talk show Let's Get Down to Business.
Steve is of the top online author and videographer of financial content. Steve has been cited on FOX,... More