New Covisum® White Paper Examines the Uncertain Future of the Social Security Program
Summary
Many experts suggest that high unemployment combined with an influx of new claimants will cause the Social Security system to run out of funds even faster than initially projected. Dont make decisions based on fear alone," said Joe Elsasser, CFP®, Founder and President of Covisum, the financial tech company that created Social Security Timing®, Tax Clarity®, SmartRisk™, and Income InSight®. The white paper outlines why claiming early in response to potential cuts to Social Security benefits is not advantageous for most people. "Evaluating the impact of different factors, including potential cuts to benefits, can help you access the full amount youre entitled to." Retirees can often access thousands of dollars of additional lifetime value by working with a financial advisor who can help them navigate the complexities of the Social Security system, including potential benefit cuts.
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