Online credit reports is the only free online source for personal credit reports. I have been quoted in numerous publications and news stories concerning social security. And, she literally wrote the book maximizing your clients social security retirement benefits, that retirement planning experts use to advise clients on social security. The secrets to maxing out your social pullman porters and the rise of protest politics in black america, 19251945. Mbf001 timing is everything knowing when and how to claim social security benefits can boost your retirement income by tens. No one has actually tested representatives on the accuracy of their responses, and investment news columnist mary beth franklin, who has been writing about social security. Todays guest mary beth franklin is the author of a book called maximizing social security retirement benefits. Mary beth is a contributing editor at investment news and writes regularly about the latest research and. Sticking to the theme of the retirement fire drill, joe has a discussion with michael kitces on efficient withdrawal strategies to help you create a steady retirement income.
Mary beth franklin has a longtime interest and expertise in retirement issues, social security, and taxes, with a background in the federal budget, international trade, and capitol hill as it affects personal finance. Listen now 29 min this week my podcast guest is mary beth franklin, one of the nations bestknown experts on social security. Mary beth is a contributing editor at investmentnews and writes regularly about the latest research and thought leadership on retirement income planning. Advisors, and agents who become competent in the social security income planning niche add value to their book of business and increase the likelihood of converting more prospects into clients. In addition to being the author of maximizing social security benefits and an acknowledged expert on the subject, she is contributing editor at investmentnews, a leading publication for financial advisors, and an award. Both spouses cant simultaneously use the popular social security claiming strategies known as file and suspend and restricting claims for spousal benefits. Mary beth franklin aging, business skills, money management. How do your social security benefits tie into your retirement plans and future income. Social security claiming strategies with mary beth franklin. In fact, she literally wrote the book maximizing your clients.
Protecting your social security benefit real wealth. She frequently speaks and writes about current research on retirement. We delve into social security and discuss strategies utilized to maximize benefits. Higherincome workers will pay more social security taxes in 2020. Aug 09, 2019 according to maximizing social security retirement benefits author mary beth franklin the oldest boomers turned 70 and a half in 2016, the age at which they must start tapping their retirement accounts or else face steep tax penalties. Mary beth franklin cfp certified financial planner linkedin. Mary beth franklin has a longtime interest and expertise in retirement issues, social security, and taxes. She is the author of maximizing social security retirement bene. When it comes to collecting social security benefits, there is no magic age. She wouldnt be eligible to get all the missed benefits back at this point, but she could get up to six months worth. With a background as a capitol hill reporter and experience as a retirement and tax editor at a national magazine. In a recent article on the kiplingers web site, mary beth franklin reports that the social security administration is contemplating a change in the rules.
You can also read more about social security on our blog. Passionexpertise mary beth franklin has a longtime interest and expertise in retirement issues, social security, and taxes, with a background in the federal budget, international trade, and capitol hill as it affects personal finance. Mary beth franklin, cfp, expert on social security claiming. Maximizing your social security benefits social security. Jul 10, 2014 according to mary beth franklin, a contributing editor on retirement, tax, and social security issues for investmentnews since 2011, single individuals can also use this strategy. Featured links comprehensive financial consultants. Social security retirement benefits blog jill on money. Mary beth franklin is the president of retirepro and a contributing editor to investmentnews. Retirees need to factcheck social security advice reuters. Mar 22, 2015 this week on the retire with more show we were very fortunate to have none other than mary beth franklin.
Award winning personal finance journalist mary beth franklin has become a sought after expert on maximizing social security benefits. Since her last appearance on the show, i have been saving your social security questions for nationally recognized ss expert, mary beth franklin. Mary beth has a background as a capitol hill reporter, as well as a tax editor at a national magazine. Mary beth is a benefits guru, a contributing editor at investmentnews, a nationally recognized expert in social security claiming strategies, and a frequent public speaker. Guru mary beth franklin explains the big changes next on consuelo mack wealthtrack hello and welcome to this edition of wealth track. Formerly a capitol hill reporter at united press international and retirement and tax editor at kiplinger personal finance, mary beth has been working in the finance industry for years.
You are invited to attend this free business builder webinar on wednesday, april 9th. Get whats yours has been revised and updated to reflect new regulations that took effect on april 29, 2016. An awardwinning journalist and certified financial planner, mary beth writes a weekly column on retirement issues for investment news, a publication for financial advisers. Mary beth franklin on avoiding big social security. With a background as a capitol hill reporter and a former retirement and tax editor at a national magazine, mary beth writes regularly about the latest research and thought leadership on retirement income planning. An awardwinning journalist and certified financial planner, mary. Also on the show is mary beth franklin who is an expert on social security claiming strategies.
Mary beth has written about money from covering bigpicture issues such as the federal budget, tax policy and social security reform on capitol hill to personal finance strategies for kiplingers personal finance magazine. In addition to being the author of maximizing social security benefits and. Finding a financial professional cornerstone wealth. You are invited to attend this free business builder webinar on. Pick a subtopic below and choose audio, video, or text. Getting the most out of your social security benefits. See the complete profile on linkedin and discover mary. Aug 05, 2010 secrets to maximizing social security despite a temporary shortfall, the nations primary retirement system continues to pay full benefits. Social security loopholes huge windfall opportunity. Mary beth franklin is a contributing editor for investmentnews and is a nationally recognized expert in social security claiming strategies. This week my podcast guest is mary beth franklin, one of the nations bestknown experts on social security. When you delay getting benefits, when you do finally collect them, all the intervening cost of living adjustments for the years you didnt collect are applied to that bigger benefit, and more importantly, going forward each year, social security beneficiaries receive a cost of living adjustment, and the larger your base.
How to maximize your social security benefits, the only source of guaranteed income most americans can count on. Mary beth is a contributing editor at investment news, a nationally recognized expert in social security claiming strategies, medicare and taxes. Mary beth franklin is a nationally recognized expert in social security claiming strategies, she is also a frequent public speaker. Sep 26, 2015 nationally recognized expert in social security mary beth franklin joins the show to celebrate the 80 th birthday of social security. As a financial advisor, mary beth is a nationally recognized expert in social. Todays boomers can begin collecting full benefits at 66, tap in early at 62 or delay benefits until 70.
Mary beth franklin points out that social security isnt static and there have been some major changes in recent years. The proposed rule would limit the filing of a withdrawal of application to the 12 month period immediately following your first social security. Joining me to discuss this strategy is mary beth franklin, a contributing editor at investmentnews, and shes also the author of a new e book about social security planning. They look at what they call your combined income, which is everything on your tax return plus any tax exempt interest, say if you invest in municipal bonds, plus half of your social security.
Nationally recognized expert in social security mary beth franklin joins the show to celebrate the 80 th birthday of social security. A special rule allows benefits for those who have exceeded the annual earnings limit in. Get whats yours has proven itself to be the definitive book about how to navigate the forbidding maze of social security and emerge with the highest possible benefits. Under law you are entitled to one free credit report from one of the major creditreporting. Apr 08, 20 maximizing your social security benefits. The social security guide is paired with a podcast interview with mary beth franklin, a. Mary beth franklin, cfp talks maximizing social security. Social security benefits are taxable at a very low threshold that was set in 1983 and has never been indexed for inflation. May 16, 2016 mary beth franklin, a certified financial planner and author of maximizing your clients social security benefits, has been one of the few observers of the social security system whos kept on. Mary beth franklin is a nationally recognized expert in social security. Mary beth writes regularly about the latest research and thought leadership on retirement income planning.
Todays boomers can begin collecting full benefits at 66, tap in early. Mary beth franklin used infomation from me in investment news on another social security question. Episode 10 of the newretirement podcast is an interview with mary beth franklin. Jul 16, 2015 its important to maximize the social security benefits you get today but its also really important to maximize survivor benefits, says mary beth franklin, a social security expert and. Mary beth franklin interview your money, your wealth. Mary beth franklin, cfp, nssa, addressing both financial industry and consumer groups on critical retirement topics such as income security, taxefficient withdrawals, social security claiming strategies, career transitions, retiree health costs and longterm care issues. Aug 09, 2019 mary beth franklin points out that social security isnt static and there have been some major changes in recent years. She is the author of the book maximizing your social security retirement benefit, has had a successful career as a contributing editor to investmentnews and was a senior editor at kiplingers for years. Mary beth franklin is one of the countrys leading experts on social security and medicare. Were giving away mary beth franklins updated ebook maximizing social security retirement benefits for free to the first 10 people who subscribe, rate, and. Claiming strategies to maximize your social security. Awardwinning financial planner and retirement expert mary beth franklin shares her littleknown social.
Maximizing social security benefits with mary beth franklin. Few people understand this better than mary beth franklin. Award winning financial planner and retirement expert mary beth franklin shares how to get the most out of social security for you and your loved ones. View mary beth franklins profile on linkedin, the worlds largest professional community. Social security expert mary beth franklin shares her knowledge of the federal program.
Maximizing social security benefits with mary beth franklin features vital information for retirement planning social security secrets revealed in new consuelo mack wealthtrack special premiering nationwide beginning friday, march 23 on pbs. Apr 02, 20 deciding the right time to claim social security when it comes to collecting social security benefits, there is no magic age. A columnist for investment news and a longtime financial reporter and author based in washington, d. Mary beth franklin, one of americas foremost social security and retirement experts, delivers the best possible information about how social security works and how it fits into an overall retirement income plan. Consuelo mack wealthtrack reveals how to maximize your social security benefits. Mary beth franklin, a certified financial planner and author of maximizing your clients social security benefits, has been one of the few observers of the social security system whos kept on. Awardwinning financial planner and retirement expert mary beth franklin shares her littleknown social security secrets, including spousal benefits even for divorcees.
That bump in benefits is now automatic, but if she turned 62 before 2016, she would have had to apply to get the increase, says mary beth franklin, a social security expert who writes for investment news. Mary beth is a nationally recognized expert in social security claiming strategies. View mary beth franklin s profile on linkedin, the worlds largest professional community. Key secrets may require action before april 30, 2016.
If you or your spouse turns 66 by then, you should read this book, and everyone should read updates on the authors website. When in doubt, seek advice from an experienced lawyer with social security benefits or a financial advisor you trust. Jan 06, 2020 changes to social security in 2020 include higher payroll taxes, larger benefits and a promise of improved customer service from the new commissioner. Social security with mary beth franklin internet archive. Mary beth franklin, cfp, contributing editor, investmentnews, is a nationally known and frequently quoted expert on social security claiming strategies. A certified financial planner and author of the ebook, maximizing your social security retirement benefits, she explains how she transitioned from personal finance generalist to social security guru. Then listen, watch, or read more about the subject you chose. How to maximize your social security benefits, with mary beth franklin todays guest mary beth franklin is the author of a book called maximizing social security retirement benefits. It is an engaging manual of tactics and strategies written by wellknown. Mary beth franklin, cfp, expert on social security. Secret ways to boost your social security kiplinger.
Baby boomers 2020 guide to maximize your retirement benefits by mark j. Its probably the most crucial financial planning document for every american, said investmentnews contributing editor mary beth franklin, author of the new e book, maximizing your social. Mary beth franklin cfp certified financial planner. The focus of this program is social security as we interview mary beth franklin contributing editor of investment news. According to maximizing social security retirement benefits author mary beth franklin the oldest boomers turned 70 and a half in 2016, the age at which they must start tapping their retirement accounts or else face steep tax penalties.
Making sense of social security with mary beth franklin. Mbf001 timing is everything knowing when and how to claim social security benefits can boost your retirement income by tens of thousands of dollars over your lifetime. A guide to online claiming tools and further reading. This week on wealthtrack white 2019 is a watershed year per social security benefits. How does marriage effect your social security options. Escape hatch for workers claiming social security early. Aug 18, 2015 both spouses cant simultaneously use the popular social security claiming strategies known as file and suspend and restricting claims for spousal benefits. Mary beth has written about money from covering bigpicture issues such as the federal budget, tax policy and social security reform on capitol hill to personal finance.
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