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Fort Collins CPA Explains The Ins And Outs Of Social Security

Planning for your future


Fort Collins, CO. – For many Ft. Collins retirees, Social Security becomes a necessary part of life. But choosing how to elect for Social Security benefits should be more than a quick decision. There are several Social Security choices to review thoroughly, to avoid choosing incorrectly. Local tax preparer and CPA, Judith Meyer, gives some advice.
"Retirees cannot rely on conventional wisdom. Simplistic rules are not always true. These one-size-fits-all answers leave many retirees failing to maximize the benefits they have earned,” Meyer said.

Filing options include: early filing, standard filing, delayed filing, file and suspend and many combinations of these options for married couples.
 “Social Security planning is vital,” Meyer concluded. “Before filing, seek out information about your options. Speak to an advisor if you need to, to be confident you’re making the best decision for your financial future. Proper planning could well determine what you can afford to eat later on.”
With questions, call the Social Security Administration at 800-772-1213. You can also get a copy of “Retirement Benefits” (Publication No. 05-10035) online.
Judith E Meyer, CPA offers tax services to individuals and small businesses. She enjoys helping individuals and families save money on taxes. Give her a call (970) 490-2172, email or visit her website


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