CLOSED - Online registration for this course is now closed. Please contact the Member Service Center at (850) 224-2727 or (800) 342-3197 if you wish to inquire about registering.
Social Security seems poised for changes in benefits and eligibility age. As the baby boomer generation approaches retirement, financial and tax planners can expect increased demand for strategies that dovetail Social Security with other retirement objectives. This course provides tax and financial planning professionals with both the background information on the Social Security system and the strategies clients will need in dealing with it.
|Friday, November 08, 2013
|8:15am - 4:15pm (Registration at 7:45am )
|Embassy Suites Ft. Lauderdale, Ft. Lauderdale
|8 Technical Business
Diane A. Lapon
|Surgent McCoy CPE, LLC
Participants will be able to identify who is entitled to retirement benefits and in what amounts; be aware of what factors must be considered in determining when to take benefits; understand the taxation of Social Security benefits and how this impacts other income tax planning and be aware of Medicare and prescription drugs
- Legislative developments
- A full chapter devoted to determining the best new planning options for maximizing joint Social Security benefits
- Retirement benefits: What the amount of benefits is in various circumstances; how the amounts are distributed within the family unit
- Qualification: Has the client retired? How business entities may be used for Social Security advantage
- Income taxation of Social Security: avoidance tactics
- Spousal benefits: Should a spouse return to work? What benefits does a spouse have and when and how do they relate to benefits decisions by the client?
- Hiring the spouse: When is it effective?
- Disability benefits
- Going on Social Security: advantages and disadvantages at ages 62, 66, and 70
- Coordinating benefits: should you take Social Security first and higher-balance IRA distributions later, or take IRA balance first and enhanced Social Security benefits later?
- Pensions: Distribution strategies; how to use the minimum distribution rules in concert with Social Security benefits
- IRAs: Is it time to convert to a Roth?
- Medicare and Part D prescription drugs: what the retiree needs to know
- The Supreme Court DOMA decision: what it means for income tax rates, estate planning, Social Security, withholding, and other issues; open issues and questions.
Practitioners who have baby boomer clients with significant wages or earned income
FICPA Seminar EZMaterials! Instead of picking up paper manuals at the event, you’ll be able to download the EZMaterials as searchable PDFs to your laptop, tablet or other device seven days before the event. For an additional fee you may choose to purchase a hardcopy of the seminar manuals. If requested during registration at least eight days prior to the course, your hardcopy will be available for pickup at the event. Click here for more information.
Qualifies for CFP credit
$340 FICPA Members, $465 Non-Members
Take advantage of the Early Bird Price - Register more than 10 days before the course date. Early Bird pricing does not apply to Chapter events.