--- title: (6) description: (6) --- [Login](https://www.covisum.com/login-experience) | [Call: 402-235-4500](tel:1-402-235-4500) | [Contact Us](https://www.covisum.com/contact) ** [![covisum-logo](https://www.covisum.com/hs-fs/hubfs/covisum-logo.png?width=264&height=41&name=covisum-logo.png "covisum-logo")](https://www.covisum.com/) [![Start Your Free Trial](https://no-cache.hubspot.com/cta/default/2755909/b23743cd-d0df-4907-a66d-293b58ab1164.png)](https://cta-redirect.hubspot.com/cta/redirect/2755909/b23743cd-d0df-4907-a66d-293b58ab1164) [![Contact Us](https://no-cache.hubspot.com/cta/default/2755909/6c6d7fe7-e094-4fc0-9c82-d93d4ccbb532.png)](https://cta-redirect.hubspot.com/cta/redirect/2755909/6c6d7fe7-e094-4fc0-9c82-d93d4ccbb532) # Press Browse by topic All Topics In The News Social Security Tax Fintech benefit cuts COLA Marketing retirement widow benefit Risk 401(k) Biden CARESAct IRS Income Planning Roth Trustees report investing Subscribe to our news ![Retirement Daily: Ten Odd Social Security Rules and Practices That You Don't Want to Forget](https://www.covisum.com/hubfs/Stock%20images/Middle-aged%20couple%20planning%20for%20retirement%20in%20a%20meeting%20with%20a%20female%20broker%20or%20investment%20adviser%20in%20her%20office.jpeg) #### In The News ### [Retirement Daily: Ten Odd Social Security Rules and Practices That You Don't Want to Forget](https://www.covisum.com/press/retirement-daily-ten-odd-social-security-rules-and-practices) on September 10, 2020 | By [Lauren Laferla, Director of Communications](https://www.covisum.com/press/author/lauren-laferla-pr-content-marketing-manager) For many retired Americans, Social Security is a major source of income. But determining when to claim Social Security benefits can be complex and challenging due to some unique rules and practices. In this Retirement Daily article, Ten Odd Social Security Rules and Practices That You Don't Want to Forget, Covisum® Founder and President, Joe Elsasser, CFP®, highlights ten odd Social Security rules that are important to remember as you near retirement. [Read More **](https://www.covisum.com/press/retirement-daily-ten-odd-social-security-rules-and-practices) ![CNBC: Here’s What You Need to Know About Claiming Social Security Retirement Benefits](https://www.covisum.com/hubfs/Graphics%20-%20Web%20/Blog/cnbc-logo-blog.jpg) #### In The News ### [CNBC: Here’s What You Need to Know About Claiming Social Security Retirement Benefits](https://www.covisum.com/press/cnbc-what-you-need-to-know-about-claiming-social-security-retirement-benefits) on August 24, 2020 | By [Lauren Laferla, Director of Communications](https://www.covisum.com/press/author/lauren-laferla-pr-content-marketing-manager) Social Security is an important element in many retirement strategies. When planning when to claim Social Security retirement benefits, it's critical to consider of wide variety of factors. Claiming at the wrong time can cost retirees thousands of dollars. A recent CNBC article highlighted some of the most important things to consider when determining the timing of a Security Security claiming decision, including the potential for benefit cuts. [Read More **](https://www.covisum.com/press/cnbc-what-you-need-to-know-about-claiming-social-security-retirement-benefits) ![Retirement Daily: How the CARES Act Affects Your Social Security](https://www.covisum.com/hubfs/Graphics%20-%20Web%20/social-security-money.jpg) #### Social Security ### [Retirement Daily: How the CARES Act Affects Your Social Security](https://www.covisum.com/press/retirement-daily-how-the-cares-act-affects-your-social-security) on August 19, 2020 | By [Lauren Laferla, Director of Communications](https://www.covisum.com/press/author/lauren-laferla-pr-content-marketing-manager) In March, the Coronavirus Aid, Relief and Economic Security (CARES) Act was signed and granted relief to IRA owners who would otherwise be subject to required minimum distributions (RMDs) by allowing them to forego making those distributions in 2020. However, the legislation failed to address the minimum distributions that came out prior to the passage of the CARES Act, including indirect rollovers. So, on June 24, 2020, the IRS released Notice 2020-51 to offer new guidance about how to fix all required minimum distributions that came out of client accounts before the passage of the CARES Act earlier this year. [Read More **](https://www.covisum.com/press/retirement-daily-how-the-cares-act-affects-your-social-security) ![ThinkAdvisor: Put Those RMDs Back. Now.](https://www.covisum.com/hubfs/Stock%20images/Senior%20couple%20meeting%20financial%20adviser%20for%20investment-1.jpeg) #### In The News ### [ThinkAdvisor: Put Those RMDs Back. Now.](https://www.covisum.com/press/thinkadvisor-put-those-rmds-back-now) on August 18, 2020 | By [Lauren Laferla, Director of Communications](https://www.covisum.com/press/author/lauren-laferla-pr-content-marketing-manager) This week in his Hidden Value column for ThinkAdvisor, Joe Elsasser, CFP®, talks about the rapidly approaching deadline for fixing required minimum distributions (RMDs) that came out of client accounts prior to the passage of the Coronavirus Aid, Relief and Economic Security (CARES) Act. [Read More **](https://www.covisum.com/press/thinkadvisor-put-those-rmds-back-now) ![Forbes Finance Council: Should You Claim Social Security Early Given The Current Economic Situation?](https://www.covisum.com/hubfs/%5BSBM%5D%20Blog%20Images/social-security-cards.png) #### In The News ### [Forbes Finance Council: Should You Claim Social Security Early Given The Current Economic Situation?](https://www.covisum.com/press/forbes-finance-council-should-you-claim-social-security-early-given-the-current-economic-situation) on July 20, 2020 | By [Lauren Laferla, Director of Communications](https://www.covisum.com/press/author/lauren-laferla-pr-content-marketing-manager) Given the recent market volatility, many Americans are considering claiming their Social Security benefits early to reduce the strain of withdrawals on their retirement portfolio. However, claiming early can have a significant negative impact some some individuals. [Read More **](https://www.covisum.com/press/forbes-finance-council-should-you-claim-social-security-early-given-the-current-economic-situation) ![Press Release: Covisum Collaborates with TruChoice to Help Financial Professionals Create Tax-Efficient Retirement Strategies](https://www.covisum.com/hubfs/Stock%20images/Workplace%20with%20tablet%20pc%20showing%20news%20and%20a%20cup%20of%20coffee%20on%20a%20wooden%20work%20table%20close-up.jpeg) #### In The News ### [Press Release: Covisum Collaborates with TruChoice to Help Financial Professionals Create Tax-Efficient Retirement Strategies](https://www.covisum.com/press/press-release-covisum-collaborates-with-truchoice) on July 10, 2020 | By [Lauren Laferla, Director of Communications](https://www.covisum.com/press/author/lauren-laferla-pr-content-marketing-manager) OMAHA, Neb. – Today, Covisum®, a financial technology company enabling thousands of financial professionals to help provide potential solutions for retirees and pre-retirees, announced a collaboration with TruChoice Financial Group, LLC (TruChoice), to provide TruChoice-affiliated, securities-registered professionals special pricing on annual subscriptions to Tax Clarity® software. [Read More **](https://www.covisum.com/press/press-release-covisum-collaborates-with-truchoice) ![Perspectives Magazine: Post Secure Act—Roth Conversions or Life Insurance](https://www.covisum.com/hubfs/Stock%20images/woman%20investment%20consultant%20analyzing%20company%20annual%20financial%20report%20balance%20sheet%20statement%20working%20with%20documents%20graphs.%20Stock%20market,%20office,%20tax,%20education%20concept.%20Hands%20with%20charts%20papers.jpeg) #### In The News ### [Perspectives Magazine: Post Secure Act—Roth Conversions or Life Insurance](https://www.covisum.com/press/perspectives-magazine-post-secure-act-roth-conversions-or-life-insurance) on July 10, 2020 | By [Lauren Laferla, Director of Communications](https://www.covisum.com/press/author/lauren-laferla-pr-content-marketing-manager) The SECURE Act has created some really interesting opportunities for financial advisors who specialize in retirement income planning, especially when you consider that some of these changes can cause eventual sub-optimal tax situations for clients. [Read More **](https://www.covisum.com/press/perspectives-magazine-post-secure-act-roth-conversions-or-life-insurance) ![Retirement Daily: Should You Claim Social Security Early Because of COVID-19?](https://www.covisum.com/hubfs/Graphics%20-%20Web%20/Social%20Security%20Card%20and%20Money.jpg) ### [Retirement Daily: Should You Claim Social Security Early Because of COVID-19?](https://www.covisum.com/press/retirement-daily-should-you-claim-ss-early-because-of-covid) on June 23, 2020 | By [Lauren Laferla, Director of Communications](https://www.covisum.com/press/author/lauren-laferla-pr-content-marketing-manager) It appears that the Social Security system may run out of funds even faster than projected. While the last Social Security Trustees report indicated that funds would run out by 2035, some think tanks are suggesting that it could be as early as 2029 as a result of an influx of new Social Security claimants and reduced income from fewer people working due to the pandemic. Thus, many advisors are suggesting that it might be beneficial to claim Social Security benefits early. [Read More **](https://www.covisum.com/press/retirement-daily-should-you-claim-ss-early-because-of-covid) ![ThinkAdvisor: Prep Your Practice Now for Future Market Volatility](https://www.covisum.com/hubfs/Stock%20images/Abstract%20high%20tech%20background%20with%20graphs%20and%20diagrams.jpeg) #### In The News ### [ThinkAdvisor: Prep Your Practice Now for Future Market Volatility](https://www.covisum.com/press/thinkadvisor-prep-your-practice-now-for-future-market-volatility) on June 15, 2019 | By [Lauren Laferla, Director of Communications](https://www.covisum.com/press/author/lauren-laferla-pr-content-marketing-manager) This week in his Hidden Value column for ThinkAdvisor, Joe Elsasser, CFP®, talks about how the current economic situation is making some advisors rethink their processes and plans. Advisors who craft quality contingency plans for times of market instability instill confidence in their clients and help them avoid making rash decisions out of panic. [Read More **](https://www.covisum.com/press/thinkadvisor-prep-your-practice-now-for-future-market-volatility) current_page_num+2: 8 - disabled ## Covisum’s ecosystem of solutions can help you grow. [Learn More](https://www.covisum.com/software) ## Stay Connected Access industry news, expert insights, best practices, free downloads and more. 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