Planning for retirement? Workshop at library seeks to help

For residents approaching retirement, Social Security can seem like another confusing addition to their lives.

This month, as a new generation of retirees prepares to collect benefits, the North Shelby Library is hosting a workshop to educate Baby Boomers on Social Security. The event, titled Savvy Social Security Planning: What Baby Boomers Need to Know to Maximize Retirement Income, has been scheduled for May 6 from 6-7 p.m. at the library.

Social Security can be more complicated than most people realize, and decisions made now can have a tremendous impact on the total amount of benefits people stand to receive over their lifetimes.

Topics covered in the workshop will include:

• Five factors to consider when deciding when to apply for benefits

• When it makes sense to delay benefits and when it doesn’t

• Why you should always check your earnings record for accuracy

• How to estimate your benefits

• How to coordinate benefits with your spouse

• How to minimize taxes on Social Security benefits

• How to coordinate Social Security with your other sources of retirement income.

Seating is limited and reservations are recommended. Individuals may reserve space by calling Tammy at 980-9991.

Disclosure: Securities and Investment Advisory Services offered through FSC Securities Corporation, Member FINRA, SIPC and a Registered Investment Advisor. Kidder Financial Group, Inc. is not affiliated with FSC Securities Corporation and is not a Registered Broker-Dealer or Registered Investment Adviser.