30 Days 30 Ways To Social Security & Retirement Income Strategies

Income funds that invest in a wide range of asset classes may appeal to clients who are looking for cash flow.

Likening covered calls to real estate rentals can help clients better understand the strategy.

The IRS recently supported two tactics to build up such individual retirement accounts.

Lower-earning spouses could take their benefit at full retirement age, while the higher-earner could get a spousal benefit until they claim their own at 70

How planners can best advise clients wanting – or having – to work longer.

Having both a pension and Social Security benefits can complicate tax and retirement planning. Here's how advisors are meeting the new challenges.

When clients must take required minimum distributions after age 70?½, payouts can provide monthly cash flow.

Clients who keep working will see healthy gains in Social Security benefits and other financial perks.

If a client old enough to receive Social Security benefits has dependent children, it could affect the calculus as to when the parent should start collecting benefits

For some seniors, reducing adjusted gross income generates an extra tax break.

Clients can have their cake (maximum payouts) and icing (years of spousal benefits) too.

For married couples deciding when to claim Social Security, "it's all about the survivor benefits," for the higher-earning spouse.

Though the time period to make changes has narrowed in some instances, there are situations where Social Security allows a redo.

Advisors and clients may not be as familiar with these other Social Security programs. Here's a brief primer.

Planners should dispel these common misconceptions so that clients can make better-informed decisions.

Some clients prefer to buy income-producing properties outright rather than invest in real estate investment trusts.

Waiting for Social Security until age 70 can provide the surviving spouse with plumper payments.

Sometimes it makes sense for clients to collect Social Security before full retirement age, even if it temporarily reduces benefits.

New financial assessment requirements may make reverse mortgages into a retirement income tool for seniors with significant cash flow and assets.

Waiting to claim Social Security can result in a number of perks for clients. So why do so many people claim at 62?