Social Security 2020—Are You Ready?
2019-12-10 10:00 - 13:00 (America/New_York) | Lady Lake Library Room 207, 225 W Guava Street, Lady Lake, FL, 32159, United States
The AMAC Foundation’s Social Security Advisory Service is wrapping up its fourth year of operation, having handled more than 8,000 inquiries in that period. In managing this service, we’ve found that many of the questions cluster around a handful of basic areas. With this in mind, we thought it might be helpful to provide an update on these most commonly queried subjects, and at the same time provide an update on some of the changes for the coming year that have a broad impact on Social Security beneficiaries.

In keeping with our Foundation’s mission of “supporting and educating America’s seniors,” we are again presenting this update in a public setting where seminar attendees can get the facts straight from our staff of National Social Security Advisors. Join us on Tuesday, December 10 for a lively session as our Advisors interpret the 2020 changes for you! We’ll also refresh you on many of the basic Social Security rules you need to understand. Our topics will include:

The basics

Eligibility requirements

Full Retirement Age (FRA)

When to file

Early filing

Full Retirement Age

Delayed Retirement Credits (DRCs)

Break-even Analyses

Taxation of Benefits

Disability Basics

Eligibility

Working while on Disability

Transition at FRA

Spousal Benefits

Married couples

Divorced spouses

Surviving Spouse Benefits

Surviving Spouses

Surviving Ex-spouses

2020 COLA (Cost-of-living-Adjustment)

How it was calculated

COLA history

COLA in the future

Maximum Taxable Earnings in 2020

How the limit is determined

Taxable limits in the future

The Earnings Test (working while drawing retirement benefits)

2020 limits

Limit under full retirement age

Limit for the year full retirement age is reached

2020 Estimated average monthly Social Security benefits

All retired workers

Aged Couple, Both Receiving Benefits

Widowed Mother and Two Children

Aged Widow(er) Alone

Disabled Worker, Spouse and One or More Children

Windfall Elimination Provision/Government Pension Offset

Who is affected

Impact on benefits

This event will be streamed live via the AMAC Foundation’s website. Simply go to www.AmacFoundation.org/Live at the posted start date and time and you’ll be connected. A recorded version of the program will also be posted after the event at www.AmacFoundation.org/Videos for on-demand viewing.

There is no fee for this seminar and, for those in attendance, light refreshments will be served. We do request the courtesy of an advance registration…simply contact the Foundation office at 888-750-2622 or via email (info@AmacFoundation.org).
