Get Started with Social Security Timing

Social Security Timing Quick Start

Social Security Timing Quick Start

Check out this video.

Transcription:

Hi, my name is Cameron from Covisum, and today we'll go over getting started within Social Security Timing. Once logged in, you'll see the “People” page where you can enter your client's information including first and last name, dates of birth and life expectancy. Once that information has been entered, you can scroll down to the bottom and click on “Done”.

You will see a page of folders. Click into the “Social Security” folder. Enter the client’s statement date, and their full retirement age and click “Done”.

Select the “Joint Needs” folder.  Click on the dropdown. Insert their monthly income need and monthly survivor need and click done.

Once that information is entered, you can click on the “Social Security Timing” tab in the top right-hand corner. You can see in the strategy comparison chart how this strategy compares the suggested and earliest strategy. Click the strategy to get further information and filing instructions regarding that specific strategy.

You can also use the break-even chart to determine which is the optimal strategy for your client based on their life expectancy. At the bottom, you can also create up to two alternate strategies. When creating your own strategy, enter the client’s retirement age or the age in which they claim spousal benefits and some common alternatives as well.

Once completed, click the “Generate PDF” button to generate the PDF report, or if you have any questions, click on the “Support” button and click “Continue” to get in touch with our support team. If you any questions, please give us a call at 1-877-844-7213. Thank you and have a great day.