Now that major changes to social programs are on the table, it is crucial for Advisors to help your clients plan ahead, even if it means talking about proposals not yet law. It's important for you and your clients to know which way the reform winds are blowing:
What are the latest developments in Social Security and Medicare? What will a new Administration mean for these two government programs that baby boomers have come to depend on far more than they ever thought they would? What is the new president thinking? Who are his advisors and how will they influence him? What is the Republican-controlled Congress likely to do? Can we promise that benefits won't be cut? What should you tell your clients?
This webinar on January 24, 2017 will cover:
The history and future of Social Security and Medicare:
Where do Social Security and Medicare stand now: Briefly, how did these social programs come into being and what benefits do they offer and to whom?
How are Social Security and Medicare financed? How solvent are they? By whose accounts?
What efforts have taken place over history to undermine these programs? How successful have they been?
What is likely to happen to Social Security and Medicare in the future? What is the legislative process for changing the benefit formula or other rules?
Who are the key advisors in the new Administration; what are their backgrounds and ideologies?
What are Congressional leaders saying about Social Security and Medicare?
What are the latest reform proposals that have been submitted to the SSA Chief Actuary for analysis?
What should you tell your clients about how their own benefits might be affected?
How Social Security and Medicare affect your clients under current rules:
Key rules and strategies
How to estimate benefits
Mistakes to avoid
Planning for the future
How Social Security and Medicare planning lead to business opportunities for you
Expert Presenter: Elaine Floyd
Elaine Floyd, CFP®, is Horsesmouth's Director of Retirement and Life Planning, and is the author of Savvy Social Security Planning for Boomers and Savvy Medicare Planning for Boomers, leader of The Roth Mastery Study Group and co-author of Roth Conversion Roundtable.