Loading

Understanding the Social Security System

Exam Questions: 75
Course Level: Basic
Pages: 370 | Content: 342, Supplemental: 28
NASBA Area of Study: Management Services
Not Acceptable for: Enrolled Agents
Version: 7950

This course is a great resource for navigating the often-complex world of Social Security retirement benefits and the U.S. Social Security Administration. If you are assisting someone who is nearing retirement age, this guide will show you how to avoid common pitfalls, determine when to claim benefits, and figure out how much they can expect to receive.

This current course provides relevant dates and resources as well as an in-depth look at policy changes that will affect those about to retire. It is packed with information that will help in determining how to incorporate Social Security into an overall retirement plan and make decisions that maximize financial well-being well into retirement. PLEASE NOTE: Not accepted for Enrolled Agents. All course material provided. No prerequisites. Course level: Basic.

Choose Your Format to ADD TO CART:

Go to CART

Course Information

Table of Contents
  • PART 1: GETTING STARTED WITH SOCIAL SECURITY
  • What Social Security Is and Why You Need It
  • A Breakdown of Benefits
  • Deciding When to Start Collecting Retirement Benefits
  • Protecting Your Number and Securing Your Card
  • PART 2: TAKING THE PLUNGE: FILING FOR SOCIAL SECURITY
  • Signing Up for Benefits
  • Determining How Much You've Earned
  • Navigating the System
  • When You and Social Security Disagree: The Appeals Process
  • PART 3: WHO BENEFITS AND WHEN
  • Spousal Benefits: Watching Out for Each Other
  • Family Benefits: Who Gets What
  • When You Can't Work: Social Security Disability Benefits
  • PART 4: SOCIAL SECURITY AND YOUR FUTURE
  • Enrolling in Medicare
  • Working in "Retirement"
  • Shaping a Financial Future You Can Live With
  • PART 5: THE PART OF TENS
  • Ten Myths about Social Security
  • Ten Reasons Young People Should Care About Social Security
  • Ten Choices Facing the Country about the Future of Social Security
Objectives
  • To recognize what Social Security is all about
  • To identify specifics about Social Security benefits
  • To identify the best age to collect benefits
  • To recall how to obtain a Social Security number
  • To identify how to apply for Social Security benefits
  • To recognize the importance of an earnings record
  • To recognize how to communicate with the Social Security Administration
  • To identify how the Social Security appeals process works
  • To recognize the specifics of spousal benefit eligibility
  • To recognize how Social Security benefits affect the family
  • To identify how Social Security Disability Insurance operates
  • To identify what Medicare covers
  • To identify good retirement planning for older workers
  • To identify methods for stretching retirement benefits
  • To identify what Medicare covers
  • To identify good retirement planning for older workers
  • To identify methods for stretching retirement benefits

PLEASE NOTE: CPE credit measurement is based on NASBA Registry and QAS guidelines of one credit for every 50 minutes. Credit calculation may vary in different states — check with your State Board of Accountancy. Unless otherwise noted in the specific course description, no advanced preparation is required in order to register or complete any PES CPE course. Use of materials or services provided by Professional Education Services, LP ("PES") are governed by the Terms and Conditions stated on PES' website www.mypescpe.com. PES provides these courses with the understanding that it is not providing any accounting, legal, or other professional advice and assumes no liability whatsoever in connection with its use. PES has used diligent efforts to provide quality information and material to its customers, but does not warrant or guarantee the accuracy, timeliness, completeness, or currency of the information contained herein. Ultimately, the responsibility to comply with applicable legal requirements falls solely upon the individual licensee, not PES. PES encourages you to contact your state Board for the latest information and to confirm or clarify any questions or concerns you have regarding your duties or obligations as a licensed professional.