Social Secuirty & Medicare: Maximizing Retire. Benefits Webcast [CL4SSM]

Subject:

Nov 8, 2023
Time: 09:00am-1:00pm
Taxation

Credit Hours:

4.00

Price:

Member: $150.00
Non-member: $215.00

Discussion Leader:

Andrew Blum, CPA

Andrew is currently working as an independent attorney, CPA and speaker on estate, tax, retirement and financial planning. Before working on his own, Andrew worked as a financial advisor with two major wire houses. He developed financial, retirement and estate plans, and implemented those plans. From 1989 until his retirement in 2011 at the rank of Commander, Andrew was a JAG Corps attorney with the US Navy Reserves. His diverse legal work included military justice prosecution, military disability law, international law, health care law, environmental law, tax law, estate planning and he developed & implemented the Navy Electronic Tax Filing Program. Of his 22 years with the Navy he served 4 times on active duty totaling 12 years. From 2004 to 2011, he was a trial attorney for the State of Florida in various capacities and agencies when not on active duty. He was in private law practice from 1996-2000 in Pinellas County, FL concentrating in estate planning and compliance, tax planning and compliance, pension and small business law. He also was in private law practice in Broward County, FL from 1987 to 1989 also concentrating in estate planning and compliance, tax planning and compliance, pension and small business law. Prior to attending law school he worked in the audit and tax departments of Coopers & Lybrand in their Fort Lauderdale office. Andrew received his J.D from Nova Southeastern University and an LL.M in Taxation from the University of Miami. He also has his B.B.A. from the University of Miami. He has been a Florida CPA since 1982 and a Florida Attorney since 1986.

Full Description

Social Security & Medicare: Maximizing Retirement Benefits Webcast (CL4SSM)

November 8th, 2023 / 9:00 am 1:00 pm Alaska Time

Live Webcast / Washington Society of CPAs Virtual Classroom

Our Social Security system provides retirement, disability, and survivor benefits to millions of Americans. The long-term future of Social Security and Medicare is
uncertain, triggering concerns for many workers who are now paying into the
system. Attend this course to learn about FICA. the Medicare tax, and more. You will cover real-world situations and use the tools provided to advise your clients to make optimal decisions when it comes to Social Security and Medicare.

Major Topics:
- What Medicare will and will not do
- Managing Medicare gaps
- Analyzing the wide menu of Social Security benefits
- Social Security benefits for workers and families: retirement, survivor, disability, and death benefit
- Tax impact of social security premiums and benefits
- Impact of the 3.8% Medicare surtax on investment income
- Recent changes to the Medicare law

Learning Objectives:
- Recall the role of the Social Security Administration and how FICA applies to the funding of Social Security, and Medicare benefits.
- Identify the benefit eligibility issues.
- Determine Social Security benefits and the implications retirement age has on those benefits.
- Identify what types of Social Security survivor benefits are available.
- Identify the disability income benefits and the multiple factors that can impact those benefits.
- Identify coverages and costs associated with Medicare and what it does not cover.

Designed For: CPAs, professional accountants, and financial advisers

CPE Credits: 4, Taxation

Level of Knowledge: Intermediate

Prerequisite: Basic knowledge of Social Security and Medicare

Acronym: CL4SSM

Discussion Leader: Andrew Blum, CPA