social security

Waiting for the Dough: Delaying Social Security
Team SummitEmployee Financial Resource Center, Retirement PlanningComments are off for this post
Since it launched in 1935, the Old-Age, Survivors, and Disability Insurance program, better known as “Social Security,” has been part of American retirement planning. The program is intended to assist citizens with retirement income as early as age 62; however, many people will find it beneficial to delay this income until later. Social Security considers  Read More →
Social Security: Piecing Together Your Retirement Puzzle [Video]
Team SummitEmployee Financial Resource Center, Retirement PlanningComments are off for this post
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When viewing retirement, it’s easy to look at the big picture – you’ll have no more stressful daily commute, maybe you’ll travel a little more or spend more time with your grandchildren. But, in order to enjoy that big picture, it’s important to understand the small details and how your retirement puzzle fits together. One  Read More →
When Should I Take Social Security Benefits?
Team SummitEmployee Financial Resource Center, Financial Planning, Retirement PlanningComments are off for this post
Before deciding when to begin taking Social Security, consider these factors: Other sources of income. Work with your retirement plan consultant to evaluate the tradeoffs involved in taking your Social Security benefits earlier (and letting other assets grow untouched for a longer period) vs. dipping into retirement assets immediately and deferring your Social Security benefits.  Read More →

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