I ran a plan for a couple which recommends the lower earner (male) take benefits at 70, and the higher earner (female) take benefits at 69yrs, 2mos. (He’s 10 months older than her.) I don’t have a problem with that, but when I go to Benefits By Start Age, it shows the higher earner taking spousal benefits at FRA. If it’s recommending she take spousal at FRA, then her own at 69, why doesn’t it say that in the Action Plan?
All posts by Kathy Frost
Spousal benefits less than half the earner’s benefits
In the maximized benefits report for a client, I notice spousal benefit to be less than 50% of the highest earner. Why?
Social Security clarification
I have a client ( a couple, age 59 and 63). They both are eligible for government pension. They both have also contributed into the Social Security system. The report that’s coming out of the tool shows zero spousal benefits. Why?
Client report / PDF print issue
I produced a Social Security report for a client. The PDF file looks fine but on printing I notice that a portion of information at the bottom of cover page is not getting printed.
Social Security Maximizer / New client
Some things are confusing but I am trying to learn it as I go. Today I had a problem when I tried to add a new client. The input of the client email, name, and zip code info went fine but when I clicked to open the new client, there was all this info already there as if I had already tried to run a report for her. There was a date of birth already entered but it was not hers. I tried to delete her as a client and start again but when I went to add her as a client the second time it told me that there was already and account with that email address.
Exercised options
Does anyone know if exercised options information automatically goes to the cash flow module?
How do I include paying off mortgage as a one-time expense in the retirement income plan?
Many clients need to include ad-hoc expenses in their retirement income plan e.g. paying off the mortgage or paying for a child’s wedding. What’s the best way to model them in the retirement income plan?