LEAWOOD, Kan., Nov. 7, 2016 /PRNewswire/ -- This Veterans' Day, Social Security Solutions, Inc., the leading provider of Social Security planning software, will offer veterans free access to its powerful online tool that can help them get the most from Social Security. This one-day offer for a Social Security report is available to servicemembers online from 12 a.m. – 11:59 p.m. on November 11, 2016 at this webpage: http://www.socialsecuritysolutions.com/veteransday
"We want to show our appreciation for servicemembers and veterans by helping them use the complicated Social Security rules to their advantage, so they can get the most benefits available to them," said William Meyer, Founder and CEO of Social Security Solutions, Inc. "Deciding when and how to take Social Security benefits is the most important financial decision a person will make as they enter retirement."
The average American couple can receive $1 million in lifetime benefits with a smart Social Security claiming strategy. The choice of when to start benefits and how to apply specific rules has a profound impact on monthly benefits. Someone with a monthly benefit of $1,500 at full retirement age would receive just $1,125 a month if benefits begin at age 62 but $1,980 a month if that person delays to age 70. Social Security rules and timing are especially complicated for married couples. The right mix of how and when to claim based on the couple's individual situation can offer opportunities to significantly increase lifetime benefits.
"Social Security is very complicated. The confusion on how and when to claim leads Americans to leave billions of dollars on the table," Meyer said. "Our tool develops highly individualized strategies that consider all the aspects and scenarios, so that you can get the benefits you have worked for and deserve."
Social Security Solutions' online tool crunches the numbers to deliver a recommended claiming strategy based on life-expectancy, household types, applicable rules and more that aims to maximize lifetime benefits. Research shows that retirees can add $100,000 or more to their lifetime benefits by following a savvy claiming strategy.
About Social Security Solutions, Inc.
Headquartered in Leawood, Kan., Social Security Solutions, Inc. (www.SocialSecuritySolutions.com) delivers advice and education about Social Security benefit claiming strategies to consumers and financial professionals. Social Security Solutions, Inc. leverages its expertise, research and technology to help individuals determine the best strategy for collecting benefits in line with their overall retirement goals.
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SOURCE Social Security Solutions, Inc.