Welcome to AFEA:: American Financial Education Alliance

Course Description

Understanding Social Security & Medicare

What you will learn

As you near retirement, one of the biggest financial decisions you'll need to make is when to begin receiving your Social Security retirement benefits. With pensions disappearing, Social Security remains the major source of guaranteed lifetime retirement income for most Americans, so it's important to take the time to explore your options and make an informed, well-reasoned decision.

This course offers real world strategies and methods designed for those ages 60 and up who are preparing for retirement or are in the early stages of retirement and planning on filing for their Social Security benefits. This course is designed to take the confusion out of the many different options available to begin receiving Social Security income and help you determine which option is best for you. Whether you are married or single upon completion you will know how to properly file for your Social Security benefits as well as how to choose the best filing option for your circumstances. You will also learn how income from other sources will affect the amount you are able to receive from Social Security and the tax implications involved.

This course will also teach you everything you need to know about Medicare and how to determine the best options for your current situation. This course will remove all the confusion about the different parts of Medicare, what it covers and does not cover, and clearly explain the upcoming changes to Medicare and how they will affect you. Whether you are currently on Medicare or about to begin your benefits, this course will provide you with valuable information you need to know.

What You Will Learn

How to properly file for Social Security benefits
How to maximize the amount you are eligible for
How to avoid the most common mistakes people make when claiming their benefits
How to optimize your assets to minimize or avoid paying taxes on your Social Security benefits
How much income you can make and still draw Social Security
How Social Security is taxed
How to file and suspend
How to claim a spouse’s benefit even if divorced
What Medicare does and does not cover
The differences between parts A, B, C, and D
The costs for each part
Which Medicare supplement is right for you
The difference between Medicare and Medicaid
Medicare Advantage plans
The latest changes to Medicare and Social Security and how they affect your benefits

AS AN ADDED BONUS FOR ATTENDING THIS COURSE

All course attendees will automatically receive a FREE Membership to the American Financial Education Alliance (AFEA) where you will gain 24/7 access to the following:

A Personal Dashboard– multiple financial tools at your fingertips
Personal Calendar- schedule of upcoming AFEA events & classes
32 Financial Calculators- Social Security benefits estimator, Roth IRA calculator, 15/30 year mortgage comparison calculator, home budget calculator and many more.
Training Videos- AFEA On-Demand brings you financial training videos that you can watch at your leisure, reinforcing the topics and strategies taught in the class
Free Personal Financial Coaching- direct access to a Personal Financial Coach via Direct Messaging for financial questions and concerns
AFEA’s E-newsletter – up-to-date financial news, tips and advice to keep you on the road to financial success
Free Downloads of Popular Periodicals & Reports-
- Ernst & Young LLP: Retirement Vulnerability of New Retirees
- Rex Voegtlin: The Top Social Security Misconceptions
- The Wharton School of Business: Retirement Security and the Financial and Economic Crisis
- Putnam Institute: Optimal Asset Allocation in Retirement
- Center for Retirement Research as Boston College: The Social Security Claiming Guide

Information and Disclosure about AFEA

AFEA, The American Financial Education Alliance, is recognized by the IRS as a 501(c)(3) non- profit charitable organization that provides educational workshops and classes in businesses and universities nationwide. Our Instructors are licensed and trained financial professionals with a minimum of five (5) years of real-world experience in their field. They have been required to pass a series of training sessions on how to properly educate in a not for profit setting before becoming a Personal Financial Coach and Instructor with AFEA. AFEA courses and workshops do not promote or endorse any specific products or companies and no selling is allowed. AFEA educational workshops and courses are for general education only and are not intended to be construed as Investment, Tax, Legal or Financial Advice. Attendees should seek the assistance of a professional familiar with the course prior to implementing any of the ideas and strategies taught or discussed in the course.

Hypothetical and/or actual historical returns contained in this presentation are for informational purposes only and are not intended to be an offer, solicitation, or recommendation. Rates of return are not guaranteed and are for illustrative purposes only.

Projected rates do not reflect the actual or expected performance within any example or financial product. Past performance does not guarantee future results.

This workshop is strictly educational; no products will be sold or endorsed at the class. The American Financial Education Alliance (AFEA) is not associated with the Social Security Administration or any other government agency.

Understanding Social Security & Medicare

EVENT LOCATION

Course Description

What you will learn