Navigating Social Security benefits can be confusing, but it doesn’t have to be. Join Empire Capital Ventures Managing Partner Amelia Thomas as she demystifies Social Security on the latest episode of Secrets of the 1%.
Since it was signed into law in 1935, Social Security has provided essential retirement income to generations of qualifying Americans. Amelia outlines who is eligible for benefits and how your work history factors into your future monthly payments. She explains key concepts like full retirement age (currently 66 or 67 for most people) and how claiming earlier permanently reduces your benefits.
Amelia particularly focuses on some little-known dos and don’ts when it comes to getting the most out of Social Security. For example, few people realize that major life changes like income fluctuations, marriage, divorce, or death of a spouse can alter your benefits.
Tune in to uncover the Social Security secrets you need to know to maximize your hard-earned retirement money. Thomas breaks the basics down in simple, actionable steps to equip you to make the best decisions for your situation.