In July 2019, nearly 48 million people claimed Social Security retirement benefits, a number that is expected to grow in the coming years as the population continues to age.

It's no wonder, then, that financial advisors are increasingly being asked about the program, including when to claim Social Security, how benefits will be taxed, and which sources of income can contribute to a loss of benefits.

Here, you'll find answers to some of the most commonly asked questions.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.