PREP Podcaster - ”Success Favours The PREPared Mind”
News:News Commentary
December 2, 2021 - Participants Include:
Daniel Mazzola, CFA, CPA - American Portfolios
John Richardson - @Expatriationlaw
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The retirement planning opportunities offered by entitlement to US Social Security are enormous. US Social Security payments are comparatively larger than equivalent plans in many other countries (including Canada Pension Plan).
Furthermore, U.S. Social Security offers benefits to:
1. The spouse of the individual entitled to Social Security
2. The survivors of the individual entitled to Social Security
3. The former spouse(s) (if married ten or more years) of the individual entitled to Social Security
Furthermore, for the most part citizenship is irrelevant to Social Security entitlement.
This is my third podcast discussing US Social Security.
The first podcast with Virginia La Torre Jeker focussed on the continuing entitlement to Social Security after renunciation.
The second podcast with L.J. Eiben of Raymond James focussed on Social Security for Americans abroad generally (in Canada particularly).
This third podcast with Financial Consultant and planner Dan Mazzola focuses on how US Social Security benefits work on a more granular level and what I would call "derivative benefits" (entitlement to benefits based on your relationship to somebody else entitled to benefits. In addition, Dan explains why (regardless of what an actuary says) it is to your benefit to wait as long as possible (not later than age 70) before collecting Social Security. A very high percentage of people rely on Social Security for a significant portion of their retirement income.
As Dan says on his site, it's important to consider the:
SEAT Working Papers Series - Extraterritorial Taxation #5: Refuting the Rationales
To Renounce Or NOT To Renounce: The Problem is HOW To Make The Renunciation Decision
Moore v. United States -December 5, 2023 - The Argument Before The Court
December 5, 2023: Debriefing The Moore Case - A View From Inside The Courtroom - It’s All In The Snyder Report
SEAT Working Papers Series - Extraterritorial Taxation #4: Why Nothing Changes
The Ron Wyden ”Billionaires Tax Act” - The Future Of US Taxation And Income Realization
Twas The Night Before Moore - SEAT Members Discuss What They Expect In Moore Hearing
SEAT Working Papers Series -Extraterritorial Taxation #3: Education and Advocacy
SEAT Working Papers Series -Extraterritorial Taxation #2: How It Is Experienced
Coach Coutts - Leave The Purpose To US!
SEAT Working Papers Series - Extraterritorial Taxation #1: How It Has Evolved
John Alan Pod - Episode 214: Taxation And Americans Abroad
Responding To The Bittner FBAR Decision - The IRS ”Resets” The Penalty Principles
A US Social Security Primer With Katrina Haynes of HaynesHelp
Why The 3.8% NIIT (”Net Investment Income Tax”) Is Especially Unjust For Americans Abroad
Meeting Anthony Parent: The Man Behind IRS Medic
Should Digital Nomads Living Outside The USA Keep All Their Financial Accounts In The USA?
Gifts And Bequests From A Former US Person: Avoiding A 40% Tax Payable By The Recipient
Mi’Azhikwan: First Nation Status As Citizenship - Losing And Gaining Citizenship
Latin American Opportunities: Whether Retiring Or Seeking A Digital Nomad Visa
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