For many Americans, Social Security is the foundation of retirement income, but it’s rarely enough on its own. That’s where annuities can play a vital role. Like Social Security, annuities provide a guaranteed stream of income for life, helping retirees cover essential expenses and guard against longevity risk. This month, we’re highlighting how Social Security…
Post Type Archives: Resources
Not retiring for 20+ years? Four things to know about Social Security
Social Security might seem like something to think about later, but understanding it now can make a big difference. Whether you’re planning your own future or advising clients, learning how Social Security works early on can help you make smarter financial decisions and avoid surprises down the road. Here are four key things to know,…
RSSA® now part of the AgeTech Collaborative™ from AARP® Accelerator
We are thrilled to announce that RSSA® has been accepted into the AgeTech Collaborative™ from AARP® accelerator program, an 8-week program designed to elevate promising early-stage AgeTech startups.
H.R. 82 Passes Senate: A Historic Step in Social Security Reform
December 21, 2024 — For Immediate Release In a landmark decision, the U.S. Senate has passed H.R. 82, the Social Security Fairness Act of 2023, with a resounding bipartisan vote of 76-20. This legislation repeals two provisions—the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO)—that have long reduced Social Security benefits for public…
Who Should Consult with an RSSA? A Guide to Optimizing Your Social Security Benefits
Norm Haug RSSA Staff Social Security plays a critical role in retirement income planning, but navigating the complex rules and strategies can be overwhelming and you may not realize rules that can affect you. A Registered Social Security Analyst (RSSA) specializes in helping individuals and couples maximize their Social Security benefits by providing personalized,…
Nine States that Tax Social Security in 2024
Pamela Kweller RSSA Staff Tax season has officially begun and it’s crucial to be aware that your Social Security income may be subject to both federal and state taxation. Referred to by some as the Social Security “stealth” tax, many individuals are unaware of this potential tax implication and fail to incorporate it into…
New Commissioner of Social Security Administration
Pamela Kweller RSSA Staff On December 20, 2023, Martin J. O’Malley was sworn in as the new Commissioner of the Social Security Administration. O’Malley replaces Kilolo Kijakazi, who was Acting Commissioner of the Social Security Administration since July 2021. Prior to becoming Commissioner of SSA, O’Malley has served as Governor of Maryland and Mayor…
RSSA Launches RSSA Roadmap, Social Security Optimization Software with Live Support
Pamela Kweller RSSA Staff RSSA® has officially unveiled RSSA Roadmap™, providing millions of Americans and retirement professionals with the technology and support to optimize Social Security claiming strategies. The National Association of Registered Social Security Analysts® (RSSA), shared a press release today announcing its new fintech platform, RSSA Roadmap. RSSA Roadmap is a software…
Empowering Communities: The Symbiotic Relationship Between RSSA, Social Security, and Credit Unions
In the ever-evolving landscape of financial services, credit unions have emerged as beacons of community support and financial guidance. At the heart of this support system lies a deep understanding of their members’ needs, especially in the realm of retirement planning and Social Security benefits. There is a perfect synergy between Retirement, Social Security knowledge…
Medicare Open Enrollment Has Begun
Medicare’s open enrollment period begins October 15, 2021 and ends on December 7, 2021. You can prepare now with these 3 suggestions.