Optimizing Social Security

Commonly used to complement other retirement planning strategies, Social Security benefits can play a key role in maintaining your desired lifestyle in retirement. While the Social Security Administration determines your benefit based on your earnings, the amount you receive can vary significantly depending on your filing strategy. Because Social Security is filled with complexities and nuanced provisions, choosing the proper strategy can make a big difference financially

What You May Be Thinking

  • When should I file for benefits?
  • How do significant events in my life affect my benefits?
  • Will Social Security still be a viable source of income by the time I’m eligible?

Optimizing Social Security is closely related to these other areas of planning Copper Leaf:

How Your Team Helps

Your team navigates the many Social Security rules and provisions and then offers objective guidance that can help you get the most out of your benefits, allowing you to rely less on your investments to keep up with spending needs. Your customized plan can include Social Security strategies that can help you reach your maximum benefit based on your specific circumstances. We help optimize Social Security in the following ways:

  • Determine your optimal filing age and help with the filing process.
  • Use state-of-the-art optimization software to analyze your scenarios, compare options and build the appropriate solution into your comprehensive plan.
  • Identify scenarios in which benefits may be available based on your specific circumstances, such as those related to marital status, your children, death or disability.
  • Educate you about changes in the Social Security system that may significantly affect your benefits.
  • Assist you when corresponding with the Social Security Administration to ensure any issues are addressed properly.
  • Work with business owners to manage to impact of Social Security taxes.
  • Adjust your retirement savings plan as Social Security evolves to address potential changes in your income benefits
Learn More about our Holistic financial planning Services

Please note that the information presented in this material is for general purposes only and should not be acted upon without first seeking professional advice. This material has been authorized by Focus Partners Advisor Solutions (FPAS), and CLF makes no representation or warranty regarding the accuracy of the information provided. It is being used with permission and was originally published by FPAS.

Copper Leaf Financial has established key strategic partnerships with elite financial industry leaders including FPAS. These alliances put us in the optimum position to help clients reach their personal and financial goals while retaining our independence. We are truly independent fiduciaries offering high-level services without being accountable to a large parent corporation unlike many of our competitors who attempt to pick stocks and outsmart the market. As a member of FPAS network of more than 140 independent wealth management firms we have strengthened our ability to help clients make the best decisions by providing them with ideas, insights, and intelligence from industry thought leaders. Through our strategic partnerships we are in a unique position to deliver comprehensive solutions to our clients. This is true wealth management.

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