Tag Archives: Dallas Athletic Club

Part 3 : Tom Clark, Social Security Expert, with Audio – Social Security Retirement Benefit … Earliest Age, Full Retirement Age

Part 3 from our  Social Security Event earlier this year, Expert, Mr. Tom Clark, continued with the meat of Social Security, Retirement Benefits …. that Social Security Provides. Part 1 Here , Part 2 Here and Direct Audio Here on our site for your viewing/listening pleasures.

Social Security Retirement Age(s) Benefit(s)

  • Retirement Benefits are available at age 62 at a discounted amount
  • Benefits increase (discount fades) monthly until full retirement age
  • Full Retirement age is a moving target based on laws changed in 1983 and implemented over several decades
  • The attached chart shows exactly your full retirement age
  • In 2019, you may have earnings up to $17,640 before tax penalties begin if you are drawing Social Security BEFORE full retirement age
  • Via Social Security Administration – In the year you reach full retirement age, we deduct $1 in benefits for every $3 you earn above a different limit. In 2019, the limit on your earnings is $46,920 but we only count earnings before the month you reach your full retirement age.
Age To Receive Full Social Security Benefits
(Called “full retirement age” or “normal retirement age.”)
Year of Birth * Full Retirement Age
1937 or earlier 65
1938 65 and 2 months
1939 65 and 4 months
1940 65 and 6 months
1941 65 and 8 months
1942 65 and 10 months
1943 – 1954 66
1955 66 and 2 months
1956 66 and 4 months
1957 66 and 6 months
1958 66 and 8 months
1959 66 and 10 months
1960 and later 67

Multiple Audio for Different Devices – Mr. Tom Clark – If first does not work, click next file – all are same audio, just different formats

Wave file format:

MP3 File Format:

OGG File Format:

M4A File Format:

As a last resort – Click Here for Direct Link to Audio Posted on our Special Social Security Page

Have a Great “Understanding Social Security Retirement/Early Age Benefits” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
jkfinancialinc
street-cents

Part 2 : Tom Clark Social Security Expert with Audio on frequently forgotten benefit – The Social Security Disability Benefit

Part 2 from the very beginning of our  Social Security Event earlier this year, Expert, Mr. Tom Clark, led off the fun casual discussion with the much important and frequently forgotten secondary benefits that Social Security Provides. Part 1 Here and Direct Audio Here on our site,  Discussed Social Security Death Benefits – but now the secondary forgotten portion of Social Security Benefits:

Social Security Disability Benefit

  • Social Security Disability benefits are VERY important, due to the fact that 1 of 3 workers die or become disabled, with the great majority being Disabled
  • Disability benefits are for very disabled, and pay to those that cannot due any work anywhere in the US
  • One in four workers being disabled now versus one in three in recent years is a great improvement
  • Majority of workers become disabled in mid to late 50’s
  • Disability benefits are paid as if you are retired at Full retirement age I.e. Your maximum full retirement age benefit will be paid to you if you become disabled no matter your age

 

Multiple Audio for Different Devices – Mr. Tom Clark – If first does not work, click next file – all are same audio, just different format

Wave file format:

MP3 File Format:

OGG File Format:

M4A File Format:

As a last resort – Click Here for Direct Link to Audio Posted on our Special Social Security Page

Have a Great “Understanding Social Security Disability Benefits” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
jkfinancialinc
street-cents

Part 1 : Tom Clark Social Security Expert with Audio on frequently forgotten benefit – The Social Security Survivor Death Benefit

At our Fantastic Social Security Event earlier this year, Expert, Mr. Tom Clark, led off the fun casual discussion with the much important and frequently forgotten benefits that Social Security Provides.

Social Security Death Benefits

  • Should a parent die with children under the age of 18, Social Security Monthly Death Benefits will be payable until age 18 for each child
  • Parents will have needed to pay into Social Security for the benefit to occur
  • Benefits will pay to a maximum of three children per family i.e. Families with greater than three children will max at the third child (called the family maximum benefit), families with less than three children will be receive monthly benefits based on number of children under 18 – Here is a link to how to calculate the benefit, as warned by Clark, its complicated
  • Benefit amount will depend on amount being paid into at the time – i.e. Higher payers will receive higher benefits
  • No matter the income a benefit will be paid i.e. “Even a billionaires child will receive monthly benefits until age 18!” This statement in the Audio from event, below
  • Benefits will be paid to an adult for the benefit/use of the child
  • Over THIRTY FIVE THOUSAND, yep, thirty five thousand children receiving benefits in the Dallas Fort Worth Area alone! From audio below

 

Multiple Audio for Differing Devices – Mr. Tom Clark

 

Have a Great “Understanding Social Security Death Benefits” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
jkfinancialinc
street-cents

Social Security RSVP Reminder and Questions Update (Send More Questions!) – Friday Holiday – Short Week Office Hours…

Hello this is your official reminder to RSVP for the Social Security event.

It’s going to come very fast since this weekend is a holiday weekend … Capital Markets and our office will be closed on Friday.

We look forward to seeing you and a friend where the subject matter may be applicable at our Social Security event Saturday, April 27 at DAC – Dallas Athletic Club at 10 AM for a fun special informative visit with our local Social Security expert and former Social Security three decade Employee, Mr. Tom Clark !

Here are our questions so far- but we want more – keep them coming!

  1. Last time we spoke you were VERY certain Social Security would be there for all of us upon retirement – With all of the changes, do you still feel this way?
  2. Can you explain the divorced verses divorced and remarried benefits?
  3. Have you ever heard of someone being offered a lump sum of retroactive Social Security benefits?
  4. November of 2015 ushered in new laws and changes, are there any neat techniques that survived?
  5. Can you explain non US citizen spousal benefits?
  6. We have been told many of the benefit statements are not always accurate, understating the actual eventual benefit, has this been your experience?
  7. How much can I earn and not receive penalties if I retire before my full retirement age?
  8. The Full Retirement Age keeps being pushed out, will this continue? Is there a schedule?
  9. How long do I have to report my Social Security earnings if they were not reported by an employer?
  10. For many years I did not draw on an ex spouses earnings by accident – using only my earnings benefit, can I request some sort of look back to get my full benefits?
  11. If want to change my Social Security election decision after I made it and have been drawing benefits, Can I do that?
  12. Do I have to take Social Security Benefits ? What if I do not want to?
  13. Is it better to sign up in person or use the website, or does it matter?
  14. My wife is not a US citizen, does that affect her spousal benefits?
  15. Will Social Security always be there in your opinion?
  16. What percent of people take benefits early, at full retirement age and as late as possible?

Send questions to jen@jkfinancialinc.com – We welcome any and all!

Here is your personal video invite:

 

Here is your traditional invite:

This slideshow requires JavaScript.

Have a Great “Soon to be Social Security Experts” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
jkfinancialinc
street-cents

Save the Date – Back by Popular Demand – Tom Clark our Social Security Specialist – Saturday 10 am – April 27th at DAC Dallas Athletic Club – Personal Video Invitation

About four years ago, we had a fabulous speaker, Tom Clark who has multiple decades of experiences at the Social Security Administration as an expert lecturer….

In November of 2015 new laws dramatically changed (limited) many of the Social Security techniques and benefits.

With a few more years under our belts and the change of laws, we wanted to bring Tom back in for an update, refresher, complete analysis of what is happening now, and what may lie ahead for that ever so important benefit, Social Security!

Save the Date

April 27, 2019

Dallas Athletic Club

10:00 AM

MEET TOM CLARKTom Clark Pic

After 33 years of service at the Social Security administration, Mr. Clark now has a second career, spending time with groups like ours, helping them become educated in making the correct decisions and informing them on the intricacies of the Social Security and Medicare System.

Not to worry, Mr. Clark’s last years at the administration found him doing over 300 of these type of events per year.

Questions?

We will be doing a multi-part complete analysis of Tom’s discussion after the event here at street-cents.com, but please send us questions NOW to formulate a list for Mr. Clark to be asked at the event!  Send to jen@jkfinancialinc.com

Here are some questions we have already begun accumulating – just to give you ideas:

  1. Last time we spoke you were VERY certain Social Security would be there for all of us upon retirement – With all of the changes, do you still feel this way?
  2. Can you explain the divorced verses divorced and remarried benefits?
  3. Have you ever heard of someone being offered a lump sum of retroactive Social Security benefits?
  4. November of 2015 ushered in new laws and changes, are there any neat techniques that survived?
  5. Can you explain non US citizen spousal benefits?
  6. We have been told many of the benefit statements are not always accurate, understating the actual eventual benefit, has this been your experience?

That should give you some good ideas, but we want more – bring em on and we will get them to Mr. Clark in advance, post here as a summary – and after the event, give a detailed direct answer!

Have a Great “Soon to be informed Social Security” Day!

John A. Kvale CFA, CFP

Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
jkfinancialinc
street-cents

J.K. Financial, Inc. Annual Holiday Party, Saturday December 7, 2013 3-5pm

Save the Date

Saturday December 7, 2013

3-5 PM

Dallas Athletic Club

J.K. Financial, Inc.

Holiday Party

DAC

More Details Soon!