Are you planning to take social security but are unsure of when to do so? Misinformation, intricacies, and personal circumstances can make this decision quite complicated. We aim to provide you with the facts and debunk the myths about social security in our latest series surrounding Complex, Simple Questions.

This is episode 1 of a four-part series. In this episode, we spend enormous amount of time dissecting social security. In episode 2, we get in whether or not you should consider a Roth conversion. In episode 3, we address whether it’s okay to retire in a “bad” economy. And in episode 4, we discuss when it’s okay to sell an investment. All simple-sounding questions, but all very complex in detail. Each is unique to your life and circumstances!

For this episode, join us, as we explore fascinating perspectives on this essential topic of social security timing and equip you with the comprehensive understanding needed to make informed decisions about your benefits.

This episode unravels the many aspects of social security - from the government's promises and the reality of the IOU to the impact of changing taxation on your benefits. We discuss the importance of individual circumstances such as age, marital status, and dependents in deciding when to start receiving social security benefits. We'll expose you to industry insights and break down complex topics into digestible chunks.

We'll guide you through understanding your personal situation, health, survivor benefits, cash flow needs, income tax situation, and long-term financial projections when considering when to take social security. By the end of this episode, you'll have gained a solid grip on social security and retirement taxes, empowering you to take control of your financial future.

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Looking for additional content that can help you get the most from your life? Check out Unleashing Leadership with Travis Maus, premium bonus content from Ditch the Suits Fans, at https://unleashingleadership.buzzsprout.com/

Thanks to our sponsor, S.E.E.D. Planning Group! S.E.E.D. is a fee-only financial planning firm with a fiduciary obligation to put your best interest first. Schedule your free discovery meeting at www.seedpg.com

Ditch the Suits is produced by NQR Media. NQR also produces the One Big Thing Podcast with Steve Campbell.

You can watch all episodes, as well as other great content produced by NQR Media through their YouTube channel at https://youtube.com/@NQRMedia

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