Covisum Blog

After passage of the Bipartisan Budget Act of 2015 many advisors have asked us how do the changes in the new law affect the future of advisors who offer advice on Social Security claiming strategies. We’ve been asked repeatedly if these changes represent “the end of Social Security claiming advice?” Our answer is a resounding “no!” In fact, we look at these changes as a marketing opportunity for advisors, especially for those of you who have decided to make Social Security timing decisions a centerpiece of your financial practice.

Social Security Timing® updated its software as the budget deal was being finalized, so that you were able to give up-to-date information to clients as soon as the law went into effect Nov. 2. We continue to modify the software to make it the best in the industry. Many of these recent updates are the direct result of subscriber suggestions. Review those initial updates here, and be sure to read below, for additional updates made since then.

Learn how the Bipartisan Budget Act of 2015 impacts your clients. In this webinar, Joe Elsasser, creator of Social Security Timing®, discusses how the budget deal dramatically changes two claiming strategies, who is impacted and how you should communicate these changes to your existing client base.

The 2016 budget makes sweeping changes to Social Security claiming rules for retirees surrounding the Restricted Application and the Voluntary Suspension. Changes to the Restricted Application