Ron Nawrocki - Wealth DNA

US Social Security- The Wealth DNA radio show is dedicated to helping you increase your wealth, as well as educating savers & investors. During this show we will NOT be talking about specific investments, and yet we will cover a topic that will significantly impact every listener's financial future. We will be talking about pensions provided by the government, and specifically the the US Social Security system's complex & confusing rules. Regardless of where you live there is a similar web of rules and regulations that you need to know.
 
Some pessimistic listeners will think this topic is irrelevant for them, since they do not expect the Social Security System to exist by the time they are eligible. That clearly will be the question we address first. If you missed our recent show on Annuities, you will want to go back to the archive on www.WealthDNA.us since most government provided pensions are in essence Annuities paid out and guaranteed by that national government.
 
Our special guest will be Brian Ginter a Financial Consultant with Thrivent. Soon after I met Brian last year, I realized he had the talent of a true educator. As Ralph Waldo Emerson said: "A great teacher makes hard things easy." And certainly Brian Ginter has the skills to clearly explain even the complex rules & regulations of the US Social Security system. So we'll ask him whether Social Security will be around for 10, 20, or 50 years? How much can I expect to collect? How many years of contributions are required? What provisions are there for the stay at home spouse? Will that income be taxable? And most importantly – when should I start collecting?  

For the answers to these and many more questions grab a cup of coffee, or glass of wine and join in the conversation …