Securities America, one of the largest B/D firms has also approved the use of Social Security Maximizer™ for all of its reps. Reps working with Securities America can find the compliance review information on Securities America’s reps website.
Plan Adviser Magazine: GoWealthPro Expands Social Security Tool Suite
GoWealthPro Corp, a financial planning technology company, has updated and expanded its suite of digital Social Security planning tools for financial advisers. —
By Matthew Miselis
Click here to read the entire article at Plan Adviser magazine website.
http://www.planadviser.com/OMYEN_Expands_Social_Security_Tool_Suite.aspx
GoWealthPro launches Social Security Checkup tool for consumer education and upgrades the Social Security Maximizer™ for advisors
GoWealthPro has launched an advisor branded Social Security Checkup tool that advisors can put on their websites for consumer education/client acquisition. This tool gives consumers a high level benefits estimate and retirement expense coverage picture. It also captures the Social Security planning data that automatically flows into our in-depth Social Security planning software (Social Security Maximizer™).
GoWealthPro has also upgraded the Social Security Maximizer™ software that thousands of advisors use. The latest upgrade allows planning for all possible situations, including government pensions, lump-sum benefits, and children’s benefits. Here’s a link to the official press release.
Social Security modeling for a widower
How do I model a scenario for a widower who remarried? Under benefit type there is 1. regular, 2. Ex-spouse benefits and 3. Widow/widower & dependent children benefits. There is no survivor as a benefit type. When I choose 3 it changes the Plan type to single.
My clients are married, husband age 65 and wife 62 and have a child age 14. The ssanalyzer program illustrates that the older of the couple upon filing for retirement benefits at age 66 and suspending triggers a benefit for the minor child based on the parent’s earnings record. Plus it illustrates another benefit; a “Child in Care” benefit for the spouse. I can’t make your program produce a benefit for the child at all.
I would appreciate any help you can give me.
LPL Compliance Approves Social Security Maximizer™ Output
Good news for LPL advisors. LPL Compliance team has reviewed and approved the use of Social Security Maximizer™ output for customers. The LPL compliance tracking number is 1-274865.
The output has been given an ‘Approved As Is’ status by Marketing Regulatory Review. For advisors who want to use and/or customize preapproved materials, they must first be directed to Chapter 15 (Communications with the Public), Section 26.3 (Pre-Approved Communications), of the Advisor Compliance Manual posted on Branch Net. There, they will find instructions on how to use preapproved materials and how to meet their Books and Records requirements.
Reuters mentions Social Security Maximizer™
GoWealthPro’s Social Security Maximizer™ tool was mentioned in Reuters’ news on 5/20/2014 in the article ‘YOUR PRACTICE-Financial advisers eye Social Security benefits planning’.
http://www.reuters.com/article/2014/05/20/column-yourpractice-idUSL1N0O11C020140520
GoWealthPro Upgrades Social Security Tool
planadviser article: May 09, 2014 — Financial planning technology provider GoWealthPro recently upgraded its Social Security Maximizer software and will provide free training on maximizing benefit payments from the federal program…
http://www.planadviser.com/OMYEN_Upgrades_Social_Security_Tool.aspx
Social Security Maximizer / How to decide on benefits of restricted claim?
A married client is already taking Social Security benefits. Her spouse is eligible for Social Security on his own record. He is about to attain full retirement age and wants to start taking benefits. How do I find out the benefit of restricted claim (spousal benefits while delaying own benefits)?
Social Security survivor benefits issue for a client born on Dec. 31 fixed
The issue related to incorrect survivor benefits during the year of death for a client born on 12/31 has been fixed. We thank Matt Wylie for noticing it in the Social Security Maximizer™ and bringing it to our attention.
Social Security Maximizer / New client
Some things are confusing but I am trying to learn it as I go. Today I had a problem when I tried to add a new client. The input of the client email, name, and zip code info went fine but when I clicked to open the new client, there was all this info already there as if I had already tried to run a report for her. There was a date of birth already entered but it was not hers. I tried to delete her as a client and start again but when I went to add her as a client the second time it told me that there was already and account with that email address.