Season 1 Episode Kirk Larson with the Social Security Administration Public Affairs Specialist
Manage episode 235660998 series 1156741
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This week’s episode of Living Care Radio, host Darol Tuttle welcomes Kirk Larson from the Social Security Administration Office. Listen in for exceptional tips on retirement planning, VA planning, retirement benefits and information about the Social Security website! Segment 1 – Retirement Planning and VA Planning • Retirement account is not only owned by the client, but the government • Required minimum distribution start date is age 70 ½ • What is a Conduit Trust and what is the importance of one? Segment 2 – VA Benefits and the Start of Social Security • Apply to VBA side first – service connected compensation or non-service pension? • Who received the first monthly SS check and when?! Answer: Ida May Fuller in 1940 • The Great Depression was the catalyst for the origination of the Social Security program. Segment 3 – Social Security Website • Apply for benefits online including: file for retirement benefits, disability benefits, spouse’s benefits, medicare benefits, and much more! • Frequently Asked Question Page • If you don’t see your questioned answered on the FQA page, send an email and they will get back to you in 72 hours • No longer paper statements, but now it’s the “my social security account” • If internet is not accessible; local offices and phone number is still available • The Northwest population leads the nation using online services!! Segment 4 – Retirement Benefits • There is a penalty for taking SS benefits early • Can you apply for SS at full retirement age but keep working? Answer: Yes, but there are work restrictions. • Once you reach your full retirement age, will you receive all 12 of your SS payments? Answer: Yes! Click on the following link to find out more about the Social Security Administration. www.socialsecurity.gov
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