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2010.10.08 > For Immediate Release
contact: Wendy Townley - University Relations
phone: 402.554.2762 - email: wtownley@unomaha.edu

UNO to Host Social Security Seminar on Oct. 23

Omaha - When should you elect Social Security? Should you elect early or delay benefits? What “unusual claiming strategies” are available? And why did a major study suggest that more than $10 billion in benefits are forfeited by married couples?

Get answers to these and other questions on Saturday, Oct. 23, when the University of Nebraska at Omaha (UNO) Department of Gerontology hosts a free seminar, “Social Security for Married Couples.”

The seminar is 10 to 11:30 a.m. at the College of Public Affairs and Community Service Building on the UNO campus. The event is open to the public and will be of special interest to those age 60-66 who are contemplating retirement. Free parking will be available on campus.

Seating is limited to the first 90 couples who register by calling 800-955-0361.

Dr. Stan Deviney will discuss the societal impact of the individual Social Security decision. Joe Elsasser, an Omaha-based certified financial planner, will explain the mechanics of Social Security for married couples and present strategies to help retirees make better Social Security election decisions.

“Many people don’t realize it, but when to elect Social Security may be the single most important financial decision that middle income Americans make in retirement,” Elsasser said. “The difference between a great decision and a poor one can be well over $100,000.”

The seminar will present the tools and information retirees need to make the best Social Security decision possible, including:

• How are Social Security benefits calculated?
• Why is the benefit amount on your statement almost never the benefit amount you’ll receive?
• What factors do married couples need to take into account?
• What are “switch strategies” how can retirees know which to use and how to use them?
• What resources are available to help retirees make the right decision?

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The University of Nebraska at Omaha (UNO) is Nebraska’s metropolitan university. The core values of the institution place students at the center of all that the university does; call for the campus to strive for academic excellence; and promote community engagement that transforms and improves urban, regional, national and global life. UNO, inaugurated in 1968, emerged from the Municipal University of Omaha, established in 1931, which grew out of the University of Omaha founded in 1908.

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