Events Calendar

Current Weather

Manatee Road Watch


Sean Tampa Bay yacht Management Bills Discount Center - New & used Furnature, Appliances and More!

The Bradenton Times Polls

Poll Question: How will you be voting in this year's election?

 Absentee (vote by mail)  Early Voting  On Election Day  Not Voting More polls »

The Robyn Report with Robyn Davis Personal Assistant

Home
Change Text Size: Larger  Smaller

News Section: Business and Financial



At What Age Should You Take Your Social Security?

Local Financial Advisor Partners with USF on Workshop

Published Wednesday, June 4, 2014 12:05 am

BRADENTON – Evan Guido, VP of Private Wealth Management at Robert W. Baird & Co., said he was surprised that one of the top concerns among retirees is both when and how to take Social Security benefits.

The financial advisor has partnered with USF to host a series of bi-monthly events on the subject in order to bring information on the topic to the retiring public, so that they can properly incorporate this important government benefit into a long and successful retirement lifestyle.

The workshop will focus on when to start taking benefits, how to calculate your benefit amount, how Social Security is taxed, working while taking benefits, what to do if widowed or divorced, when you are eligible and key strategies for maximizing benefits.

 

Guido says that there's great value in a personal calculation to illustrate the additional money received, depending on the strategy a recipient uses to take social security.

He noted that unlike a lot of other decisions his clients make earlier in life, some decisions they will have to make regarding Social Security are irreversible. Failing to consider the impact of marriage, divorce, remarriage, and widowhood can severely pinch their stream of income in their remaining years.

 

Likewise, failure to coordinate IRA RMDs with Social Security taxation, can result in needless diminishment of income that could be put to better use for health care or other expenses.

"When you consider the potential of Social Security benefits over a person's lifetime," explained Guido, "it makes sense to treat it as a significant asset and to make decisions that will maximize its role to the greatest possible extent.

The workshops are $10, but TBT readers can click here to sign up for free admission exlclusive to our subscribers. The first two events are scheduled for Thursday, June 12 and Thursday, June 26, from 3:30 - 5:00 p.m. at USF Sarasota Manatee, 8350 North Tamiami Trail, Sarasota, FL.

Additional workshops are scheduled for July 24 and August 7 from 5:00-6:30 p.m. at the same location. If you have trouble submitting the form, please contact Evan's office to schedule a free seating at one of the events.

 

Got Questions? Ask Guido 

 

 

Evan R. Guido

Vice President of Private Wealth Management

One Sarasota Tower, Suite 1200

Two North Tamiami Trail

Sarasota, FL  34236-4702

941-906-2829 Direct Line

888 366-6603 Toll Free

941 366-6193 Fax

www.EVANGUIDO.com

 

EGuido@rwbaird.com

Join the conversation post Facebook comments here or on our site at the bottom of article.

 

  In Addition to Facebook Comments You Can Also Post Comments Below



Non-Facebook Comments:

Click here to add a Non-Facebook comment to this page




 Sign up for our free news subscription - a great way to stay informed!



News World Round UpSports Roundup

Manatee Rural Health Certificate
 


Obituaries

Name Date
Veleta Spann October 15, 2014
Josephine Lupoli October 18, 2014
Dimitrios Sokos October 19, 2004
Gary Richelieu October 16, 2004
Aline Funk October 17, 2014
Alice Szakacs October 16, 2014
Deborah Snyder October 20, 2014
Donald Moen October 4, 2014
Edward Dey October 1, 2014
All Obituaries






Copyright © 2009 - 2014 | The Bradenton Times | More than just an Online Newspaper | http://www.thebradentontimes.com/
405 26 Avenue Bradenton, FL 34205
Phone: 941-896-7857 - Privacy Policy - RSS Feed
Template provided by Free CSS Templates