Episode 10 of Retire Hour. The entire is dedicated to Social Security. Matt is joined in studio by Jonathon McCoy, financial advisor at Market Advisory Group, to discuss what you need to know and consider when you are thinking about filing for Social Security. Bill Vawter from Market Medicare Advisors to talk about options available to you when filing for Medicare and Social Security. Market Tax Services CPA, Joshua Cicora, reviews how Social Security affects your taxes. Gerald Eidelman of Eidelman Law Firm, goes over what document you need to be able to act on someone’s behalf with the Social Security Administration.
0:00 Intro
1:01 Early Retirement
2:19 Earned Income
2:54 Income Limits / Forfeiture
3:45 Full Retirement Age (FRA)
5:23 Calculating FRA
7:20 Spousal Benefits
9:01 Spousal Benefit Limitations (Deemed Filing Rule)
10:16 Survivor's Benefits
13:19 Social Security Suspension & Delayed Retirement Credits
14:53 Paying Off Debt with Social Security Funds
19:16 Medicare Registration
20:08 Working & Medicare
20:51 Job Loss or Change
21:35 Automatic Enrollment
22:10 Part A Penalty
23:10 Switching Medicare Part A & Part B
25:04 Reasons to Delay
28:42 Taxes
29:23 Calculating Income Limits
32:00 Municipal Bond Interest
32:58 Individual Filing
34:17 Married Filing
35:17 The 1st Year is Always Different
38:50 Roth Income
43:21 Payments Stopping Unexpectedly
44:44 Power of Attorney
46:17 Guardianship & Representative Payee
48:59 Death Benefits
