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 designed to provide consumers and retirement professionals with precise Social Security retirement planning as well as access to a first-of-its-kind nationwide “call center” staffed by trained experts in Social Security.
One out of five Americans will be Social Security eligible this decade. For most of these 73 million baby-boomers, Social Security will represent a significant portion of their retirement income. Yet, according to a 2019 United Income study*, over 90% of those currently collecting Social Security failed to maximize their benefits.
RSSA Roadmap is the first and only cloud based, advisory supported Social Security optimization planning solution that makes it easy for individuals to visualize all their available claiming options by using the proprietary RSSA Heatmap™ and to get expert help when they have questions.
Whether a consumer meets with an individual RSSA® to discuss retirement planning and their overall goals, or purchases RSSA Roadmap themselves, they will have the collective support and expertise of the RSSA team when analyzing their best claiming decisions.
RSSA Roadmap has a user-friendly client portal allowing individuals to easily and securely upload their own and their spouse’s historical earnings records (attained from ssa.gov). Other information including marital status, disability, dependents, future earnings, maximum life expectancy, and pensions are used to evaluate the hundreds of thousands of possible claiming strategies for each user.
Martha Shedden, CRPC, RSSA®, President and Co-Founder of RSSA commented, “It’s our mission at RSSA to make sure all Americans have access to the personalized information and help needed, using the very best technology, to make their optimal claiming decision and to receive all the Social Security benefits they are entitled to. We educate and train Registered Social Security Analysts (RSSAs) to offer this service, whether that is as a stand-alone analysis or as a value add to the other important services they offer retirees.”
Most retirement professionals working with retirees, including those in finance, tax and insurance, do not have the Social Security training or expertise to help their clients. They often send their clients to the Social Security Administration (SSA) for answers and yet the SSA is prohibited by law from offering personal claiming advice. RSSA has trained over 3,000 financial professionals and is building a national network of CFPs, CPAs, enrolled agents, insurance agents and other retirement professionals to provide the consumer expertise and support needed.
RSSA Roadmap takes over where the government leaves off, providing professionals and consumers with the technology to analyze all the rules and timing related to each claiming decision.
*“The Retirement Solution Hiding in Plain Sight: How Much Retirees Would Gain by Improving Social Security Decisions,” Capital One United Income, June 28, 2019.