Based on new research published in the journal of financial planning by william meyer and william reichenstein. My dissertation was about social security reform, so ive read more of the social security handbook than any human being should be forced to digest. Tetris, taxes and retirement retirement income journal. Retirement income planning 5 most of retirement income planning issues aside from social security, medicare and healthcarerelated spending can be dealt with through the financial planning software most advisers already use. This study illustrates how the social security claiming decision can. William reichenstein, the head of social security solutions research and baylor professor, was selected by the wall street journal to be a contributor to the newspaper. Bill reichenstein reichenstein, a cfa and university professor, explains how to extend the trust funds solvency and reveals some strategies retirees. Treaties on this topic, some of which are listed in the table below, provide page after page of details, nuances, and exceptions. Social security solutions, based in leawood, kansas, turns reichensteins strategies into software tools for making smart claiming decisions, its team of professionals working both with advisors. Different spending sequences, he says, especially those that take into account potential taxes on social security benefits, can. How to optimize retirement benefits, reichenstein and meyer available on get your clients more in retirement. Reichensteins research advocates calculating an individuals aftertax asset allocation that compares aftertax fund across savings vehicles e. He and william meyer have published more than anyone else in the country on social security strategies.
No one knows more about social security than we do. Our goal is to bring strategies and help to the millions of people approaching those critical decisions about social security. Get more social security benefits for you clients with ssanalyzer. Coming soon, journal to be announced medicare and tax planning for high income households, meyer and reichenstein. Journal how the social security claiming decision affects. Two software programs which do a good job to cover all of the relevant contingencies in the social security rules are social security solutions and maximize my social security. As such, ive read more of the social security administration handbook than any human being should be forced to read just as an aside, how did the. Ondemand web seminar new social security strategies and the impact of the tax cut and jobs act of 2017. Another option is to tap retirement savings first to provide income while they wait to claim social security. Dec 14, 2014 in an earlier column, i described research by william meyer and william reichenstein detailing how higher social security income impacts portfolio longevity. William reichenstein american association of individual investors.
Ive dedicated years to research and creating the logic behind our software. Nov 30, 2015 social security solutions is led in part by william reichenstein, a professor in investment management at baylor university, and researcher in the areas of investments and taxation. There are many personal and household factors that can impact the monthly and cumulative lifetime benefits received. Solving the retirement withdrawal equation wealth management. Automated tools combined with personalized service. About us get more social security benefits for you clients with. Creating smart social security claiming strategies for your clients is more complicated after the recent social security rule changes and new tax cut and jobs act. William reichenstein is professor emeritus at baylor university.
William reichenstein, cfa social security strategies expert. About us get more social security benefits with social security. Head of research at social security solutions, inc, a firm that developed software to. Find out if you can make your money last longer in retirement. A plan to save social security without a tax hike on the wealthy social security expert william reichenstein tells thinkadvisor about his twotier plan to restore health to the system. We founded our company on the belief that there is a better way to serve retirees or people getting ready to retireone that is smarter and more personalized to help. How to optimize benefits, taught me a lot about how to strategize to get the most out of social security. The wsj has a section call the experts where renowned industry experts are asked to. Powers chair in investment management at baylor university. Optimizing social security benefits by wade pfau may 15, 2012 my dissertation was about social security reform, so ive read more of the social security handbook than any human being should be forced to digest. William reichenstein, an academic known for his work with william meyer on social security claiming strategies, suggests in a recent book and companion software that the conventional wisdom is often suboptimal. Please complete the information below, and social security solutions will contact you with more. Adding value to clients by combining a taxefficient withdrawal strategy with a smart social security claiming strategy. New diy decumulation software from team of meyer and reichenstein.
It is the leading retirement income management and withdrawal software for. Get more social security benefits with social security. Over 1,000 financial planners listened to bill meyer and bill reichenstein talk about social security strategies at the premier event for practitioners in san antonio, texas. Retiree income products developed by meyer and reichenstein have been. Researchers william meyer and william reichenstein, principals of software program. Restricted application can boost social security benefits. On the flight ive been reading william reichenstein and william meyers social security strategies. Extend your retirement up to 10 years with a smart withdrawal strategy. William reichenstein the retirement speakers bureau. Get more social security benefits with social security solutions. Jul 23, 2015 created as a partnership between entrepreneur and software expert bill meyer, and the highly reputable financial planning researcher bill reichenstein who has published extensively on social security strategies in the journal of financial planning, ss analyzer is built to gather detailed information about the clients social security. William reichenstein the latest news about william reichenstein from the wsj the experts blog. When should you start benefits and how to minimize longevity risk. Journal understanding the tax torpedo and its implications.
Income strategy the income strategy software helps you. William reichenstein social security solutions, inc. For most retirees, social security benefits represent their largest financial asset. Income strategy the income strategy software helps you get. How to optimize retirement benefits, 3rd edition perfect paperback march 1, 2017. Optimizing social security benefits articles advisor.
An exclusive group of industry and thought leaders brought together by the wall street journal who. Q if i take social security at age 62 and then pay back the benefits within 12 months to erase the penalty for claiming. His early work on estimating the value of social security retirement benefits was particularly helpful to my own retirement planning. Waiting until age 70 to claim social security benefits is one of the most popular financial strategies for retirement, but it can put couples who. Mar 09, 2017 answers to reallife questions about social security claiming strategies. Despite this background, william reichenstein and william meyers new book, social security strategies. Created by the leading experts and backed by research. How to fund a social security delay investmentnews. William reichenstein from baylor university, he developed ssanalyzer, the leading software for advisors. Social security strategies by william reichenstein.
These software programs are listed in the following table, along with some highquality books providing a more extensive treatment about social security claiming strategies. Jan 01, 20 strategies to boost your social security. We then furthered our research, as published in social security strategies. Nov 05, 2015 social security claiming strategies can be extremely complicated. Your 10day, no obligation free trial is prepopulated with sample cases so you can quickly get up to speed on the factors that impact social security claming strategies. The wsj has a section call the experts where renowned industry experts are asked to write about important financial topics. Author and speaker william reichenstein, a professor at baylor university and head of research for retiree inc. New diy decumulation software from team of meyer and. Get more social security benefits for you clients with. Social security strategies and medicare premiums, which can rise sharply for highincome retirees. The probability of death tab exhibit 5 further explores changes in the ageatdeath probability distribution for a given individual over his or her lifetime. Social security strategies by william reichenstein, william.
William reichenstein, are the most published on both taxefficient withdrawal strategies and social security claiming strategies. He is head of research at social security solutions, inc, a firm that developed software to help individuals decide when to begin social security benefits. William reichenstein, cfa social security strategies. Those changes may have implications for retirement decision making. Social security claiming strategies can be extremely complicated. William reichenstein, cfa, is an expert in social security strategies. The ssanalyzer software makes you a social security expert for you clients and. We founded our company on the belief that there is a better way to serve clients in or approaching retirement and our research has proven it. New social security strategies and the impact of the tax cut.
Plus, you can add one of your own clients to test the quality of our software. William reichenstein from baylor university, he developed income strategy and social security solutions, the leading retirement income. William reichenstein, cfa, holds the pat and thomas r. We understand the nuances of social security, and we can help you determine your best strategy for collecting benefits in line with your retirement goals. Remaking retirement taking social security to the max we crunch the numbers to see how much highincome people, who tend. Aug 11, 2017 researchers william meyer and william reichenstein, principals of software program social security solutions, have consistently shown that tapping retirement savings first and scaling back. William reichenstein is social security solutions, inc. He is also head of research at the software firms social security solutions inc. Powers professor of investments at baylor university. New retirement planning research adding value to clients. Answers to reallife questions about social security claiming strategies.
Why 401k and social security coordination is critically. Using our research, we designed a software tool that uses a set of complex. William meyer, founder and ceo of, is a nationally recognized expert in social security claiming strategies. Dynamically calculating optimal withdrawal strategy throughout retirement. New social security strategies and the impact of the tax. The income strategy software helps you get more, keep more of your.
In less than 5 minutes you will know how you can get more and keep more of your money. Overall, social security solutions has the deepest logic engine developed by dr. For instance, suppose the sample subject male born in 1954, currently aged 62 is deciding at which age, from 62 through 70, to claim retirement benefits. Social security benefits for employees in jobs not covered by social security. Optimizing social security benefits advisor perspectives. The ssanalyzer software makes you a social security expert for you clients and positions you for more retirement planning business. Creating smart social security claiming strategies for your clients is more complicated after the recent social. But that tradition, like the 4% withdrawal rule, is being questioned. Smarter management of the details gets you more income. William reichenstein, cfa, is professor emeritus of investments at baylor university. Treaties on this topic, some of which are listed in the table below, provide page after page of.
This study illustrates how the social security claiming decision can affect the longevity of retirees financial portfolios. Comparing the 2 leading social security calculators can i. Why 401k and social security coordination is critically important. Coming soon, journal to be announced medicare and tax planning for high. Committed to education and helping advisors better help their clients, meyer and reichenstein had 3 separate sessions on this important topic. The income strategy software helps you get more, keep more of your retirement income by creating a taxefficient withdrawal strategy that could extend your portfolio by up to a decade. William reichenstein is a leading expert on the subject matter. The result is powerful software that will help your clients get more and keep more. Strategies to boost your social security kiplinger. Created as a partnership between entrepreneur and software expert bill meyer, and the highly reputable financial planning researcher bill reichenstein who has published extensively on social security strategies in the journal of financial planning, ss analyzer is built to gather detailed information about the clients social security. William reichenstein, cfa, is an expert in social security strategies passionexpertise dr. He also is head of research at social security solutions, inc. He has written more than 190 articles for professional and academic journals and several books including social security strategies, 3rd ed.
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