Silvur’s Post

Today Social Security announced in their Annual Trustee Report that the trust fund is solvent until 2035. While the announcement celebrated the 1 year extension (vs the 2023 Annual Trustee Report) lets not forget that by 2035 the trust fund will no longer be able to meet its obligations to millions of Americans. This is the moment that parties need to quickly come together to find a compromise. Additional years of debating the math (higher taxes vs lower payouts) only increases the anxiety millions of Americans face as they navigate retirement. America's first generation of post-pension retirees is now entering into retirement. They need to know that their Social Security will be there for their retirement and for future generations. Learn more about why Social Security reform matters --> https://lnkd.in/eAJWbhbZ

Unlock the secrets to optimizing your Social Security benefits! Join George Wealth Management for an exclusive workshop on new strategies, tax implications, claiming techniques, and more. Gain valuable insights to secure your retirement income. Don't miss this opportunity! #SocialSecurity #retirementplanning #financialplanning For a comprehensive review of your personal situation, always consult with a tax or legal advisor. Neither Cetera Advisor Networks LLC nor any of its representatives may give legal or tax advice. This information may not be relied on for the purpose of determining your social security benefits or eligibility, or avoiding any federal tax penalties. You are encouraged to seek advice from your own tax or legal professional. https://lnkd.in/eB2piV5r

Unlock the secrets to optimizing your Social Security benefits! Join George Wealth Management for an exclusive workshop on new strategies, tax implications, claiming techniques, and more. Gain valuable insights to secure your retirement income. Don't miss this opportunity! #SocialSecurity #retirementplanning #financialplanning For a comprehensive review of your personal situation, always consult with a tax or legal advisor. Neither Cetera Advisor Networks LLC nor any of its representatives may give legal or tax advice. This information may not be relied on for the purpose of determining your social security benefits or eligibility, or avoiding any federal tax penalties. You are encouraged to seek advice from your own tax or legal professional. https://lnkd.in/eNC9Z26U

Let's dive into some important news regarding Social Security. A recent analysis suggests that changes in the proposed plan might speed up insolvency, potentially affecting the financial health of the whole system. This could mean bigger cuts in benefits for millions of Americans who count on Social Security for their retirement plans or as a safety net. With growing concerns about the future of these essential programs, it's important to stay informed on how this might impact the economic security of future retirees. Want to learn more? Check it out here: 1l.ink/WX7X745 #SocialSecurity #RetirementPlanning #FinancialNews #EconomicSecurity

Social Security's funding challenges persist, yet public discourse has waned. Even in a pivotal election year, the looming reckoning remains largely unaddressed. The latest report in May underscores the urgency for action. Will it be higher taxes, benefit cuts, or a blend of both? With Congress yet to act, uncertainty grows. Explore answers to six critical questions shaping the future of retirement security. Newswire #SocialSecurity #RetirementPlanning #GovernmentPolicy https://lnkd.in/dxkrbvqA

Strategies to help maximize your social security income Join us as we cover these common questions: When should I file for Social Security benefits? If I file and continue to work, how will my benefits be affected? Will I pay taxes on my Social Security benefits? Don’t miss out on potential opportunities to maximize your retirement income! Learn how to avoid common mistakes when it comes to your investment portfolio, health care and estate strategies. Registration is required! Please call (715) 623-5279 to reserve a spot for you and a family or family member today. Refreshments and hor d'oeuvres will be served. This session is hosted by Financial Consultant Travis Rose, FIC, CLTCr, CEPA and Financial Associate Jeff Breit, RICPr, MS, CEPA. July 9, 5:30 pm The Freighthouse Restaurant 107 Vine St, La Crosse How can you register for this event? You can register to the event directly by calling our phone number (715) 623-5279. No products will be sold. For disclosure information, see thrivent.com/social. While Thrivent does not provide specific legal or tax advice, we can partner with you and your tax professional or attorney.

Can someone please fix Social Security so we can stop putting it in the headlines and stressing all those people turning 62 everyday? This isn’t new. Hello Washington. Are you there? Are you listening? Can we get on this? Pretty please. #socialsecurity #retirementincome #retirement

If you are a baby boomer who is planning to retire soon or have already retired, it's essential to be aware of how your Social Security benefits may be affected. The Social Security Administration (SSA) has warned that the program's funds may be depleted to a point where benefits could be reduced. Therefore, it's crucial to take action now and express your concerns to the federal retirement program about the status of your Social Security benefits. Lawmakers must address the funding crisis and take necessary steps to strengthen the program to ensure its sustainability for future generations.

Savvy Social Security Watch Party Tuesday, May 21 at 12:30pm 354 N Highland St, Suite 3, Mt Dora FL 32757 Register today: https://bit.ly/4aomm5x When should I file for Social Security benefits? Will I pay taxes on my Social Security benefits? If I file and continue to work, how will my benefits be affected? When it comes to Social Security and your retirement, a little knowledge can go a long way. Join us for this virtual workshop, Savvy Social Security, presented by Thrivent financial professional, Mike Fuehrmeyer. During this workshop, you will learn how to help determine the ideal time to apply and ways to maximize your Social Security benefits while minimizing taxes on those benefits. Careful planning can help you get the most out of your Social Security benefits. No products will be sold. See thrivent.com/social for additional disclosures

Strategies to help maximize your social security income Join us as we cover these common questions: When should I file for Social Security benefits? If I file and continue to work, how will my benefits be affected? Will I pay taxes on my Social Security benefits? Don’t miss out on potential opportunities to maximize your retirement income! Learn how to avoid common mistakes when it comes to your investment portfolio, health care and estate strategies. Registration is required! Please call (715) 623-5279 to reserve a spot for you and a family or family member today. Refreshments and hor d'oeuvres will be served. This session is hosted by Financial Consultant Travis Rose, FIC, CLTCr, CEPA and Financial Associate Jeff Breit, RICPr, MS, CEPA. July 9, 5:30 pm The Freighthouse Restaurant 107 Vine St, La Crosse How can you register for this event? You can register to the event directly by calling our phone number (715) 623-5279. No products will be sold. For disclosure information, see thrivent.com/social. While Thrivent does not provide specific legal or tax advice, we can partner with you and your tax professional or attorney.