This week on Women and Wealth, host Regina Hess returns to a vital topic: Social Security. But this time, she’s breaking it down into 10 essential facts everyone should know before claiming benefits.

Whether you’re approaching retirement or helping a loved one navigate the system, this episode will help you better understand how to make the most of what you’ve earned.

It’s no secret that it can be complex from the outside looking in – with so many considerations surrounding the benefits themselves, from when you take them and how you execute that, to understanding what you may be entitled to as you approach retirement.

This episode is designed to empower you with clarity and confidence as you plan your financial future so you can navigate this system with ease.

Episode Highlights:

0:00 - Introduction

0:31 - Episode beginning

1:05 - Things to keep in mind before claiming SS

1:38 - Changes to your status can have an impact on your benefit amount

2:02 - The year of your birth and..
3:35 - Taking SS while working

6:15 - Benefits paid to you as a spouse

7:09 - Zooming in on your spousal benefit

8:58 - If something happens to you..

9:51 - Your benefits may be taxable

11:57 - Be aware of certain types of income

13:22 - Your SS statement is an estimate

15:16 - Action item

16:30 - Episode wrap-up

ABOUT REGINA MCCANN HESS

Regina is the author of Super Woman Wealth: How to Become Your Own Financial Hero. As an advocate for women’s financial freedom, she wrote this book to help empower women to take a bigger role in handling their money.

Regina has appeared on Schwab TV, Yahoo Finance, Forbes.com, NTD Television, CBS 3 Philadelphia, Fox 29 Philadelphia, King 5 Seattle, KTLA 5 Los Angeles and Scripps News. She has also been quoted in numerous articles in publications such as Forbes, Business Insider, U.S. News & World Report, Yahoo Finance, USA Today, USA Wire, Word in Black, WTOP News, Mind Body Green, Money Digest, New York Post, Defender, Authority Magazine, GoBankingRates.com, Scripps and The Muse.

As Founder of Forge Wealth Management, Regina utilizes her 25+ years of financial services experience to help individuals plan, preserve and diversify their wealth. She focuses on educating her clients while building long-term relationships with them and their families. Her experience throughout major shifts in the markets, enables Regina to structure balanced portfolios to address specific financial goals.

CONNECT WITH REGINA

Website: https://www.forgewealth.com

LinkedIn: https://www.linkedin.com/in/reginamccannhess/

Facebook: https://www.facebook.com/ForgeWealth

Instagram: https://www.instagram.com/forgewealthmanagement/

YouTube: https://www.youtube.com/@ForgeWealth

Email: reginahess@forgewealth.com

Securities offered through LPL Financial, Member FINRA/SIPC www.finra.org, www.sipc.org

Third-party posts found on this profile do not reflect the view of LPL Financial and have not been reviewed by LPL Financial as to accuracy or completeness.

For a list of states in which I am registered to do business, please visit www.forgewealth.com.

This material was prepared by MFS Investment Management. MFS Investment Management is not affiliated with Forge Wealth Management, Private Advisor Group, or LPL Financial.