Kaplan University School of Professional and Continuing Education Kaplan University School of Professional and Continuing Education

Social Security Benefits: Advising Clients (SSB)

8-Hour Program

WHY ATTEND THIS COURSE?

This program will prepare accountants for client questions regarding Social Security, including advanced planning strategies. A 35-year veteran of the Social Security Administration will teach participants how to help their clients develop a plan to maximize Social Security benefits. This program not only increases an accountant’s value to baby boomer clients, but it instills confidence that the accountant can be proactive in helping clients make these very important decisions.

DESIGNED FOR...

CPAs in public practice or industry who advise clients and employees about retirement.

OBJECTIVE

Participants will be able to:

  • Recognize opportunities to increase Social Security benefits
  • Use information in the annual statement
  • Calculate taxable benefits and delayed retirement credits
  • Advise clients regarding the earnings test
  • Advise retiring clients concerning benefits
  • Calculate and explain the effect of work for earnings not covered by Social Security (WEP & GPO)
  • Anticipate and create opportunities to maximize benefits
  • Advise clients when to file for Medicare
  • Represent clients in Social Security matters

MAJOR SUBJECTS

  • Developing issues regarding Social Security
  • Retirement versus disability
  • Annual statement
  • Benefits calculation
  • Taking benefits early versus later
  • Taxation of benefits
  • Strategies for single individuals, survivors, and couples
  • Spousal and survivors benefits
  • Medicare benefits
  • Windfall Elimination Provision and Government Pension Offset

COURSE ACRONYM: SSB

PRESENTATION METHOD: Group-live

LEVEL OF KNOWLEDGE: Basic

PREREQUISITES:

  • None

ADVANCE PREPARATION: None

FIELD OF STUDY: Specialized Knowledge and Applications/Social Security Benefits

RECOMMENDED CPE CREDIT: 8 hours


CPE Sponsor icon

SmartPros®, A Kaplan Company and Loscalzo Institute, A Kaplan Company are registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.