Social Security workshop aimed at baby boomers |

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Social Security workshop aimed at baby boomers

An educational workshop, titled "Savvy Social Security Planning: What Baby Boomers Need to Know to Maximize Retirement Income," will be at 2:30 p.m. and again at 7 p.m. Tuesday at the Holiday Inn Express, 21 Bank St., Grass Valley.

The workshop is being presented by the Sierra Foothills Group of Thrivent Financial.

Guest speakers will be financial consultant Nathan JH. Mahnke, ChFC, RICP, FIC; financial consultant Kevin R. Nelson, FIC; financial consultant Kent R. Suemnicht, FIC; and financial associate Beverly A. Suemnicht, CLU, FIC. They have been serving the financial needs of clients since 1984.

Social Security is far more complicated than most people realize.

The decisions baby boomers make now can have a tremendous impact on the total amount of benefits they stand to receive over their lifetime.

Questions boomers are asking include:

— Will Social Security be there for me?

— How much can I expect to receive?

— When should I apply for Social Security?

— How can I maximize my benefits?

— Will Social Security be enough to live on in retirement?

To help baby boomers better understand the Social Security system, this workshop will cover:

— Five factors to consider when deciding when to apply for benefits.

— When it makes sense to delay benefits — and when it does not.

— Why you should always check your earnings record for accuracy.

— How to estimate your benefits.

— How to coordinate benefits with your spouse.

— How to minimize taxes on Social Security benefits.

— How to coordinate Social Security with your other sources of retirement income.

Seating is limited and reservations are recommended.

Individuals may reserve space by calling the Sierra Foothills Group offices at 530-886-8222 by Monday.