From The Retirement Nerds.
đź’µ How is your Social Security benefit calculated? In Part 1 of our 4-part Social Security series, financial expert Zacc Call explains the Primary Insurance Amount (PIA) – the foundation of your Social Security retirement benefit – and reveals proven strategies to increase your monthly payment.
Whether you’re years away from claiming or approaching retirement, understanding how Social Security calculates your benefit is crucial to maximizing your lifetime income. This video breaks down the complex PIA formula into simple terms and shows you exactly what you can do to boost your monthly check.
How to Set Up Your My Social Security Account:
Other Useful Videos:
Check out our resources at https://TheRetirementNerds.com/
Connect with Zacc’s Team at Capita:
CapitaFinancialNetwork.com
=============================
Send me a message!
Erik@TheRetirementNerds.com
=============================
=============================
Be Sure to Subscribe to our Channel!
=============================
YouTube: @theretirementnerds
============================================================
Join our newsletter for monthly tips, book recommendations, and personal stories!
============================================================
⏰ TIME CODES ⏰
0:00 Intro to this Episode
1:08 The Calculation of AIME
5:50 Bend Points
9:42 How to Increase Your Benefits
15:41 Working Part Time
17:45 Working and Taking SS
25:18 My SSA Account Resources
26:52 When You File Matters
32:00 Medicare Implications
35:10 What’s On The Menu
36:55 Where to Get Help
=============================
#medicare #theretirementnerds #socialsecurity #retirementnerds #finance
Federal Disclaimer:
We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options.
Disclosure:
This podcast is intended for informational purposes only, and is not a substitute for personal advice from Capita. This is not a recommendation, offer, or solicitation to buy or sell any security. Past performance is not indicative of future results. There can be no assurance that investment objectives will be achieved.
Different types of investments involve varying degrees of risk, including the loss of money invested. Therefore it should not be assumed that future performance of any specific investment or investment strategy, including the investments or investment strategies recommended or proposed by Capita will be profitable. Further, Capita does not provide legal or tax advice. Please consult with your legal or tax professional for advice prior to implementing any strategies discussed during this podcast.
Certain information discussed during this podcast is based upon forward-looking statements, information and opinions, including descriptions of anticipated market changes and expectations of future activity. Capita believes that such statements, information and opinions are based upon reasonable estimates and assumptions. However, forward-looking statements, information and opinions are inherently uncertain and actual events or results may differ materially from those reflected in the forward-looking statements. Therefore, undue reliance should not be placed on such forward-looking statements, information, and opinions. Registration with the SEC does not imply a certain level of skill or training.
