Business
There’s plenty of misinformation and rumors in the world of Social Security and that might cause a little anxiety when it comes time to claim your benefit. On this show, we’ll look to clear up the top 5 misunderstandings about Social Security. Show Notes and Additional Resources: https://principalpreservationservices.com/top-5-biggest-social-security-misunderstandings/ Today's Rundown: 1:19 – What goals does Mike have for the company in 2020?2:22 – Reflecting on 20193:30 – In the News: A baggage handler at an airport in Nevada was giving financial advice to more than 900 people and even charging them a fee before the SEC charged him with fraud.5:36 – Moving into our main topic today on Social Security misunderstandings. 6:05 – No. 1: Social Security is going broke.8:09 – No. 2 and 3: Some people say you need to start as early as possible while others say delaying as long as possible is the best strategy.9:52 – No. 4: The Social Security Administration office will help you determine the best strategy for claiming your benefits.13:07 – No. 5: Assuming that you don’t have to pay any taxes on your Social Security. 15:26 – Getting to Know Mike: What do you do to relax after a long day or a long week of work?