Social Security Retirement Benefits Planning and Regulation

Why select this training course?

Social Security Retirement Benefits Planning and Regulations Training Course by Rcademy is for people who do not have basic information about retirement planning and people with basic knowledge alike. Racdemy’s professionals begin the course with basic topics and take you to the next level, where retirement history is explained like a story. In other words, you do not have to do the heavy lifting of memorising as their experience in the retirement and teaching industries is enough. Most importantly, this course is developed considering the market trends, so practical lessons specifically focus on the ongoing situation of the market and try to teach you every potential problem in the industry.

What are the three types of retirement? 

The three major types of retirements are enlisted below:

Traditional: As the name suggests, traditional retirement means to stop working once and for all.

Semi-traditional means that you quit your job but gradually work in other domains.

Temporary: it is like taking a small break from work but continuing working after some time.

Which is the ideal way for retirement planning?

Saving money and investing in new investment methods like shares and private equity is ideal for retirement planning.

Racdemy’s professionals have expert-level experience in their relevant industry, so they do not rely on books and study material. They present their real-life experiences, and you can understand how to work in the market. Moreover, assignments, projects, and discussions are like a rehearsal for the market before entering it. So, you can make all the mistakes in the assignments and improve yourself. In this way, you will enter the market as an experienced professional. Moreover, you will understand all rules, laws, and regulations and try your best to avoid making mistakes.

Who should attend?

Social Security Retirement Benefits Planning and Regulations Training Course by Rcademy is ideal for:

• Employees from different professions
• Any employee who chooses retirement voluntarily
• Any employee who chooses mandatorily retirement
• Spouse of the employee
• Any family member of the employee
• Employees working in the private organizations
• Employees working in the public organizations
• Any person who wishes to work in this industry in future
• Any person working in this industry and want to update the knowledge
• Any person who wants to learn about retirement planning and regulations
• Financial service advisers
• Retirement planning specialist

What are the course objectives?

Upon the successful completion of this course, the participants will be:

• Comprehending the real meaning of social security retirement benefits and how to maximize them
• Learning the history of the retirement benefits
• Improving confidence and communication abilities
• Understanding the best retirement age and stages
• Comprehending how to know the retirement benefits
• Planning retirement at the best possible age
• Knowing the factors that affect the retirement process and how to control or plan them
• Understanding the laws and regulations related to social security retirement benefits
• Improving the ability to calculate retirement using different methods
• Applying for retirement for oneself and on behalf of the spouse and other family members

How will this course be presented?

The Social Security Retirement Planning and Regulation course is designed in a way that you learn about the history of retirement and comprehend the ongoing trends in the retirement industry. Rcademy’s professionals have eagle eyes for their relevant fields due to their vast and proven experience. They understand all the important aspects of retirement and try their best to make you understand. The ultimate goal of Rcademy’s professionals is to ensure that you learn everything about retirement planning and regulations to be proven beneficial for society and gain respect, fame, and money based on your abilities and knowledge. Considering this, they update the course material to ensure it is aligned with the ongoing market trends. Moreover, they engage you in practical assignments, projects, and fruitful class and group discussions.

What are the topics covered in this course?

All of the essential topics required to be completed to become a certified professional are presented below:

Module 1: Social Security

• What is Social Security?
• What are the benefits of Social Security?
• What are the objectives of Social Security?
• What is a social security act?
• What are related laws?
• History of Retirement
• Evolution of retirement

Module 2: Programmes Included in Social Security Act

• Disability
• Retirement
• Survivors
• Drug prescription advantages
• Medical and hospital for:
• Aged
• People with last-stage renal disease
• Disabled
• Assistance with the cost of prescribing the drugs
• Welfare and public assistance:
• Medical
• Needy families’ assistance (temporary)
• Energy-related help
• Maternal and child’s related services
• Family Welfare
• Child welfare
• Food stamps
• Unemployment
• Advantages for veterans
• Supplement security

Module 3: Retirement benefits 

• What are retirement benefits?
• Social Security and retirement planning
• Working on retirement benefits
• People who receive retirement benefits

 Module 4: Planning Retirement 

• Share of social security in retirement benefits
• Checking eligibility criteria
• Verification of the history of the earnings

Module 5: Calculating retirement benefits

• Different calculation method
• Online retirement benefits estimation process
• Options for annuity payments
• “Formula Benefits calculation”
• “Final Average earnings”
• Maximizing monthly benefits

Module 6: Commencing receiving retirement benefits

• Full age of retirement
• Early age of retirement
• Delayed age of retirement

Module 7: Effects on retirement benefits

• Continuing employment
• Certain kinds of employment
• Employment for household
• Federal government service
• Farm work
• Self-employment
• Military service
• Employment in the railroad
• Local government service
• State services
• Pension

 Module 8: Application for retirement benefits

• Things to do before applying:
• Review the basics of retirement benefits
• Learning about the application process
• Knowing how soon you can apply
• Knowing when you are ready to start Medicare
• Applying on behalf of the spouse or any other family member
• Learning about retirement benefits for survivors
• Things to do while applying:
• Gathering information
• Applying
• Tips
• Way to apply:
• Online
• By phone
• Local Office

Module 9: Laws and regulations related to social security retirement benefits

• Laws
• Regulations
• Rulings
• Instructions for employees

Module 10: Retirement stages

• Pre-retirement
• “The honeymoon phase”
• “Disenchantment”
• “Re-orientation”
• Stability