Episode 54: Top 5 Social Security Misunderstandings

Do you feel like you have a handle on what to expect when it comes to Social Security? Are you clear on what your benefits may be and when the best time is to start taking them? If not, this is a good place to start as we review the top five common Social Security misunderstandings.

 

Show Notes and Additional Resources: https://coveryourassetskc.com/episode-54-top-5-social-security-misunderstandings/ 

 

Today's Rundown: 

2:51 - Misunderstanding #1 - Social Security is going broke.

7:28 - Misunderstanding #2 - Starting Social Security as early as possible is usually best.

8:50 - Misunderstanding #3 - Waiting as long as possible is the best route.

10:49 - Misunderstanding #4 - The Social Security Administration can help you make the right decision.

12:45 - Misunderstanding #5 - You don’t have to pay taxes on Social Security benefits, right?