August, 2020

Social Security August Newsletter

Registered Social Security Analyst
RSSA | Social Security Newsletter | August 2020

August 2020 Newsletter

Happy 85th Birthday,
Social Security!
August 14, 2020 marks the 85th birthday of Social Security. The Social Security Act was signed into law by President Franklin D. Roosevelt on August 14, 1935.

Top News Story

Social Security Turns 85. Will You Have Enough Money When You Turn 85?

This is an important question. According to the Social Security Administration, the current life expectancy of a 65-year-old is just over 20 years. This means that the average 65-year-old will live to be about 85 years old! Life expectancy is a critical piece of information to consider when making a Social Security decision. Many people tend to underestimate their life expectancy and this is concerning…

Martha Shedden is the President &

Co-Founder of RSSA.

Ask Martha
This month’s featured question: If my partner and I, both in our late sixties, get married, will that impact our Social Security benefits?
Martha’s response: Yes, marriage will impact your benefits. Once you are married for at least one year, you will each be entitled to collect Social Security spousal benefits. A spousal benefit can be as much as half of the…

Retirement Resource
A Reason You Might Not Want To Retire Before 65
If you are fortunate enough to make your own retirement decision, there are several factors to consider when deciding to leave the workforce. Of all the factors to consider, there is one that may give you enough of a reason to delay retirement until at least age 65. Medicare…
Social Security Spotlight
Why You Should Create a ‘My Social Security’ Account Today
The Social Security Administration has a free online tool called ‘My Social Security’. With this online tool you can create a free personalized account, providing you with access to vital information and enabling you to benefit from its unique features…

Social Security Fast Facts

Fact #1

There are currently 2,728 rules governing Social Security.

Fact #2

The average monthly benefit for 2020 is $1,503.

Earn your RSSA® credential and
become a trusted Social Security expert

Are you a finance professional?

Grow your business by offering Social Security advisory services. Learn more about the RSSA® self-study courses and exam.

Are you looking for a new career?
Launch and run your own Social Security consulting business. From technical-training to coach-led business planning, we are with you every step of the way.

Are you approaching retirement?Get help from a RSSA®.
Receive the support you need to navigate the confusing and complex rules associated with Social Security. A RSSA® can help you maximize your Social Security benefits to better prepare you for retirement. Request your free, no-obligation consultation with a Social Security expert.

Our mission is to help Americans get the maximum Social Security income they are entitled to, enabling them to enjoy their lives more fully.
RSSA is administered by NARSSA, the National Association of Registered Social Security Analysts. NARSSA provides a comprehensive online platform for professionals to gain Social Security knowledge and earn the RSSA credential.
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