PART 2: The Tax and Money Traps Social Security and IRS Have Set For You!
Just south of ‘Sawmill Creek…..
Hi Attorney Kevin Pritchett here
PART 2:
The Tax And Money Traps
The IRS and Social Security Have Set For You
Yesterday I shared how the IRS
schemed to take your IRA/401k money
from you.
Today I’ll explain the outright
THEFT of your Social Security benefits…
if you’re not vigilant.
Social Security Deadline To Take Benefits
All during your working life you and
your employer pay money into an account
for your eventual social security benefits.
You can begin to take Social Security
at age 62, your benefit increases at your
Full Retirement Age (roughly age 66 2/3 depending
on when you were born) and maxes out
at age 70. Now here’s the part I bet you didn’t know…
The Social Security Theft
If you don’t take your benefits by age 70….
YOU LOSE THEM!!!! Yes….
All that money you and your employers
have paid into your account for decades…
GONE…just because you didn’t claim it
by age 70!!!
Its the equivalent of putting your money
in a bank or brokerage account and the
bank or brokerage saying….
“sorry…you didn’t take YOUR money out
of YOUR account by such and such time…
we keep it!!!”
Its outrageous and probably unconstitutional
should anyone choose to challenge it!!!
How To Prevent Social Security From
Stealing Your Money
Of course the answer is
Of course the answer is
TAKE YOUR SOCIAL SECURITY BENEFITS BEFORE AGE 70!!!
Sounds simple and actually it is….
the trick is knowing WHEN’s the best time
to take your Social Security…..
not to mention,
==survivor benefits…
==spousal benefits
==disability benefits
==how much can you earn and not lose your SS
Its Now On You
I bet you didn’t know about this money trap did you??
(unless you’ve been to one of my workshops
or watched my tax trap video of course LOL)
As with most things..its what you
don’t know you don’t know that can hurt you..
BADLY!!!
No ‘One Size Fits All Solution
I create such plans for my individual
and business clients every day…..
There’s ABSOLUTELY NO NEED FOR
YOU TO ALLOW SOCIAL SECURITY TO STEAL YOUR
MONEY!!!
As with all things financial, there’s no
‘one size fits all’ solution…each person
is different and therefore each plan design
must be different….but to do nothing is
insane….
Now Its On You
NOW THAT YOU KNOW THERE’S A
SOLUTION…if you suffer its now YOUR FAULT.
Tomorrow I’ll share how the Social Security
Administration literally STEALS YOUR MONEY!!!
Reach Out To Me If You Have Questions.
OR
…send me an email :ironkop@gmailcom
or if reading on my blog or Facebook page
leave your questions or comments below.
Remember…..
“Things Don’t Get Better With Neglect…..”
Kevin Pritchett, Esq
Law Office of Kevin Pritchett, Inc.
312-505-1957
ironkop@gmail.com
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