SOCIAL SECURITY PLANNING IN GRAND RAPIDS, MICHIGAN
Social Security Planning Services
Are you looking for Social Security Planning in Grand Rapids, MI? If so, you’ve come to the right place. There are many questions: How are your benefits determined? When should you file? Should you file at age 62, or should you wait until your full retirement age (age 66-67)? Does it make sense to delay filing until age 70 and have your benefit increase by 8% per year? If you’re still working, should you still file for Social Security benefits or wait until you retire? What are the rules? As Wealth Management Advisors in Grand Rapids at Integrated Financial Services, Inc., we have decades of experience in developing Social Security Strategies to help meet the needs of our clients.
Why is Social Security Planning Services Important?
Social Security Strategies Are Even More Important With Interest Rates So Low
In 1995, a one-year Bank Certificate of the deposit paid 6.5% interest. Someone with $100,000 would earn $6,500 per year. At today’s low-interest rates (0.05%), $100,000 would only earn only $50 per year! How much money would you need to have in the bank to earn the average Social Security benefit of $1,543? You would need $37,032,000! Therefore, social Security Benefits should be considered to be one of your most valuable assets. That is why Social Security Planning Services are so critical!
While Congress has recently eliminated some of the popular methods of maximizing benefits, many other claiming strategies remain intact. The Social Security regulations are complex, with thousands of pages of rules. There are currently over 500 Social Security calculations possible in determining the best-claiming strategy. For married couples, there are 81 combinations to consider determining the optimum method. While many of the employees at the Social Security Office are well-trained and helpful, many others are not. Do you really want to “roll the dice” and risk making the wrong decision because you weren’t assigned a competent Social Security Administration worker? At Integrated Financial Services, Inc., our social security planning services have helped thousands of people determine the best course of action in choosing from available Social Security Strategies.