Edward Storer, President and Founder of Edward Storer & Associates, Offers Solutions to 3 Common Social Security Problems

Greenville, SC— July 25, 2016— Edward Storer, President and Founder of Edward Storer & Associates, published a new blog post entitled, “Solutions for 3 Common Social Security Problems.” In the post, he provides solutions for 3 Social Security problems claimants tend to run into as they try to understand their benefits.

In response to the problem of returning to work after claiming Social Security benefits, Storer says, “If you should choose to go back to work after receiving Social Security payments between the ages of 62 and 65, some benefits will be temporarily withheld. For those 65 and younger, the earnings limit is $15,720 in 2016. Benefit withholding kicks in for any earnings over that threshold. That is, $1 in benefits is withheld for every $2 earned over the limit. If you turn 66 in 2016, however, the earning limit is $41,880, and the temporary benefit withholding decreases to $1 for every $3 earned over the earning limit. After you turn 66, there won’t be any withholdings and your benefits will be recalibrated to account for any previously withheld payments and any additional income.”

Edward Storer is President and Founder of Edward Storer & Associates located in Greenville, South Carolina. Edward is a financial wealth strategist, an independent fiduciary, Certified Tax Coach, investment advisor, insurance advisor, and a retirement and estate-planning specialist. For more than 25 years, he has been helping clients plan “to and through retirement.” Edward Storer & Associates has been in business since 2003 and serves the greater Greenville area.

Read the whole blog post here. http://www.edwardstorer.com/solutions-for-3-common-social-security-problems/

This content is provided for informational and educational purposes only. The information, analysis and opinions expressed herein reflect our judgment as of the date of writing and are subject to change at any time without notice. They are not intended to constitute legal, tax, securities or investment advice or a recommended course of action in any given situation. All investments carry a certain risk and there is no assurance that an investment will provide positive performance over any period of time. Information obtained from third party resources are believed to be reliable but not guaranteed. Past performance is not indicative of future results. Edward Storer offers investment advisory services through Dynamic Wealth Advisors.

By clicking the link above, you will leave our server, as it is located on another server. We have not independently verified the information available through this link. All links are provided to you as a matter of interest. Please click on the link above to leave and proceed to the selected site.

 

##

 

 

Sign Up Now!

Get instant access to Edward’s chapter of the book UNcommon and discover the 1/10th of the 1% rule and integrated wealth planning!