Social security planning
Maximize the benefits you’ve spent a lifetime building.
How We Help You Get the Most Out of the Social Security System
You spent a lifetime paying in. We help you make more informed decisions on when and how to take it out. We can help:
Plan Your Claims:
We run the numbers on different ages to show you the real impact on your lifetime cumulative benefit.
Establish Your Survivor Designations:
We look at your household, finding the right timing to maximize the benefit for both spouses and support the survivor later in life.
Make Tax-Aware Decisions:
We don’t look at Social Security in a vacuum. We coordinate your Social Security benefits with your other income sources to help keep your overall tax bracket as low as possible.
This service doesn’t stand alone. It ties in with other services as a part of your Raleigh Wealth W.A.Y. to a more confident retirement.
Frequently Asked Questions
Get answers to common questions about Social Security planning and benefits.
Claiming early reduces your monthly benefit for life. Raleigh Wealth Solutions analyzes your health, income needs and overall retirement plan to determine the exact age that maximizes your lifetime payout.
Coordinating timing between spouses significantly changes your total household wealth. Raleigh Wealth Solutions evaluates age differences, income levels and life expectancy to determine the optimal strategy for both partners.
Yes. Social Security rules allow you to receive a benefit based on your spouse’s earnings record if it is higher than your own. Raleigh Wealth Solutions identifies these opportunities to ensure you receive every dollar you are entitled to.
A surviving spouse is eligible to receive a survivor benefit that replaces or supplements their own monthly income. Raleigh Wealth Solutions structures your claiming strategy in advance to ensure the surviving spouse is protected with the highest possible benefit.
Depending on your total household income, up to 85% of your Social Security benefit is subject to federal income tax. Raleigh Wealth Solutions coordinates your withdrawals across all accounts to keep your total income within the most tax-efficient thresholds.
If you claim before reaching full retirement age and continue to work, the IRS reduces your benefits based on your earnings. Raleigh Wealth Solutions runs these calculations before you claim to prevent an unnecessary reduction in your monthly check.
Delaying benefits until age 70 results in a significantly higher monthly amount for life. Raleigh Wealth Solutions compares your cash flow needs against this long-term growth to determine if waiting is the most beneficial move for your specific situation.
Social Security is only one piece of a larger strategy. Raleigh Wealth Solutions coordinates your benefits with your other assets to build a retirement paycheck designed to last as long as you do.