--- title: | In The News (3) description: In The News | (3) --- [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 ![Press Release: Covisum Benefit Cut Calculators Updated to Account for Changes Outlined in Latest Social Security Trustees Report](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 Benefit Cut Calculators Updated to Account for Changes Outlined in Latest Social Security Trustees Report](https://www.covisum.com/press/press-release-covisum-benefit-cut-calculators-updated-to-account-for-changes-outlined-in-latest-social-security-trustees-report) on October 28, 2021 | By [Lauren Laferla, Director of Communications](https://www.covisum.com/press/author/lauren-laferla-pr-content-marketing-manager) OMAHA, Neb. –Today, Covisum® announces updates to their Social Security benefit cut calculators. Covisum launched a benefit cut calculator in Social Security Timing® and added a benefit cut stress test to Income InSight® in April. Following the release of the 2021 OASDI Trustees Report in August, Covisum released updates to the calculators to default to the estimations outlined in the report. [Read More **](https://www.covisum.com/press/press-release-covisum-benefit-cut-calculators-updated-to-account-for-changes-outlined-in-latest-social-security-trustees-report) ![ThinkAdvisor: Cryptocurrencies Haven't Been Relevant in Portfolios. That Might Be About to Change](https://www.covisum.com/hubfs/Proficient%20young%20male%20employee%20with%20eyeglasses%20and%20checkered%20shirt%2c%20explaining%20a%20business%20analysis%20displayed%20on%20the%20monitor%20of%20a%20desktop%20PC%20to%20his%20female%20colleague%2c%20in%20the%20interior%20of%20a%20modern%20office.jpeg) #### In The News ### [ThinkAdvisor: Cryptocurrencies Haven't Been Relevant in Portfolios. That Might Be About to Change](https://www.covisum.com/press/thinkadvisor-cryptocurrencies) on August 31, 2021 | By [Lauren Laferla, Director of Communications](https://www.covisum.com/press/author/lauren-laferla-pr-content-marketing-manager) This week in an article for ThinkAdvisor, Joe Elsasser, CFP® offers insights on cryptocurrencies and why and how financial advisors need to be prepared to answer client questions about the growing trend. [Read More **](https://www.covisum.com/press/thinkadvisor-cryptocurrencies) ![Perspectives Magazine: Choosing Software For a Strong Business Backbone](https://www.covisum.com/hubfs/Double%20exposure%20of%20business%20man%20hand%20working%20on%20blank%20screen%20laptop%20computer%20on%20wooden%20desk%20as%20concept%20with%20social%20media%20diagram.jpeg) #### In The News ### [Perspectives Magazine: Choosing Software For a Strong Business Backbone](https://www.covisum.com/press/perspectives-magazine-choosing-software-for-a-strong-business-backbone) on August 25, 2021 | By [Lauren Laferla, Director of Communications](https://www.covisum.com/press/author/lauren-laferla-pr-content-marketing-manager) With rapid technological advancements, financial advisors now have access to a wide variety of software options to make different parts the financial planning process easier and faster. However, it can be difficult to determine which software to adopt and which tech you're better off skipping. For any financial planning firm with a focus on retirement the best place to start is with a solid retirement income planning platform. [Read More **](https://www.covisum.com/press/perspectives-magazine-choosing-software-for-a-strong-business-backbone) ![USA TODAY: How Much of a Cut to Social Security Benefits Can You Expect Based on Your Age?](https://www.covisum.com/hubfs/Portrait%20of%20a%20students%20studying%20in%20the%20library.jpeg) #### In The News ### [USA TODAY: How Much of a Cut to Social Security Benefits Can You Expect Based on Your Age?](https://www.covisum.com/press/usa-today-how-much-of-a-cut-to-social-security-benefits-can-you-expect-based-on-your-age) on July 19, 2021 | By [Lauren Laferla, Director of Communications](https://www.covisum.com/press/author/lauren-laferla-pr-content-marketing-manager) According to the 2020 Social Security Administration trustees report, without any action the Social Social trust fund will run out in 2034. Incoming revenue will only cover 76% of scheduled Social Security benefits. Does this projection change how different generations plan for retirement? Should Social Security benefits continue to be a factor in their retirement plans? This USA TODAY article takes a closer look at how people of all ages should prepare for potential cuts to Social Security benefits. [Read More **](https://www.covisum.com/press/usa-today-how-much-of-a-cut-to-social-security-benefits-can-you-expect-based-on-your-age) ![ThinkAdvisor: To Build a Thriving Niche Practice, Learn When to Say No](https://www.covisum.com/hubfs/Too%20much%20work%20tired%20sleepy%20young%20woman%20sitting%20at%20her%20desk%20with%20books%20in%20front%20of%20laptop%20computer%20isolated%20grey%20wall%20office%20background.%20Busy%20schedule%20in%20college,%20workplace,%20sleep%20deprivation%20concept.jpeg) #### In The News ### [ThinkAdvisor: To Build a Thriving Niche Practice, Learn When to Say No](https://www.covisum.com/press/thinkadvisor-to-build-a-thriving-niche-practice-learn-when-to-say-no) on July 7, 2021 | By [Lauren Laferla, Director of Communications](https://www.covisum.com/press/author/lauren-laferla-pr-content-marketing-manager) This week in his column for ThinkAdvisor, Joe Elsasser, CFP®, talks about how the biggest pitfall for niche financial planning firms is expanding to a parallel niche without the processes and systems in place to be able to provide the same level of service you do now. [Read More **](https://www.covisum.com/press/thinkadvisor-to-build-a-thriving-niche-practice-learn-when-to-say-no) ![CNBC: Americans are worried Social Security will run out of money](https://www.covisum.com/hubfs/isabela-drasovean-e33oAo9dapU-unsplash.jpg) #### In The News ### [CNBC: Americans are worried Social Security will run out of money](https://www.covisum.com/press/cnbc-americans-are-worried-social-security-will-run-out-of-money) on July 6, 2021 | By [Lauren Laferla, Director of Communications](https://www.covisum.com/press/author/lauren-laferla-pr-content-marketing-manager) According to a recent Nationwide survey, 71% of adults are worried that Social Security will run out of money in their lifetimes. The pandemic has only increased those fears. This CNBC article further explains the results of the survey, and how while the program's trust funds are running low many experts believe that Congress will step in to fix the funding issues. [Read More **](https://www.covisum.com/press/cnbc-americans-are-worried-social-security-will-run-out-of-money) ![Retirement Daily: Four Questions to Ask Your Adviser About Retirement Income Planning](https://www.covisum.com/hubfs/Financial%20adviser%20showing%20terms%20of%20contract%20on%20tablet.jpeg) #### In The News ### [Retirement Daily: Four Questions to Ask Your Adviser About Retirement Income Planning](https://www.covisum.com/press/retirement-daily-questions-to-ask-your-adviser-about-retirement-income-planning) on June 17, 2021 | By [Lauren Laferla, Director of Communications](https://www.covisum.com/press/author/lauren-laferla-pr-content-marketing-manager) When it comes to saving for retirement, many Americans have multiple options. When you consider 401(k)s, 403(b)s, IRAs, fixed annuities, certificates of deposit plus income from Social Security and pensions, determining which income stream to use and when can get complicated. An adviser who specializes in retirement income planning should be able to help you navigate these decisions. In this Retirement Daily article, Four Questions to Ask Your Adviser About Retirement Income Planning, Covisum® Founder and President, Joe Elsasser, CFP®, outlines which questions retirees should come prepared to ask in their next meeting with their financial planner. [Read More **](https://www.covisum.com/press/retirement-daily-questions-to-ask-your-adviser-about-retirement-income-planning) ![ThinkAdvisor: The Do's and Don'ts of Annual Client Meetings](https://www.covisum.com/hubfs/1%20-%20Covisum/New%20Website%20Images/17.0%20SST%20Product%20Details/Streamline%20Complexities%20copy.jpg) #### In The News ### [ThinkAdvisor: The Do's and Don'ts of Annual Client Meetings](https://www.covisum.com/press/thinkadvisor-the-dos-and-donts-of-annual-client-meeting) on June 2, 2021 | By [Lauren Laferla, Director of Communications](https://www.covisum.com/press/author/lauren-laferla-pr-content-marketing-manager) This week in his column for ThinkAdvisor, Joe Elsasser, CFP®, talks about a shift in the financial services industry away from focusing on products to plan-centric relationships. Annual client meetings are a great time to focus on adding value and wowing your clients. Consider this list of do’s and don’ts to make the most of your annual client review meetings and grow your practice [Read More **](https://www.covisum.com/press/thinkadvisor-the-dos-and-donts-of-annual-client-meeting) ![Press Release: New Covisum® White Paper Examines the Uncertain Future of the Social Security Program](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: New Covisum® White Paper Examines the Uncertain Future of the Social Security Program](https://www.covisum.com/press/press-release-covisum-white-paper-examines-the-uncertain-future-of-the-social-security-program) on May 14, 2021 | By [Lauren Laferla, Director of Communications](https://www.covisum.com/press/author/lauren-laferla-pr-content-marketing-manager) OMAHA, Neb. –Social Security is a significant source of income for many retired Americans, but the solvency of the system is currently in question. Many experts suggest that high unemployment combined with an influx of new claimants will cause the Social Security system to run out of funds even faster than initially projected. "It's no secret that the Social Security system is facing challenges and people are nervous, but claiming Social Security early could significantly impact their ability to meet retirement goals. Don't make decisions based on fear alone," said Joe Elsasser, CFP®, Founder and President of Covisum, the financial tech company that created Social Security Timing®, Tax Clarity®, SmartRisk™, and Income InSight®. In a new Covisum white paper, "Is Time Running Out on Social Security," Elsasser explains how Social Security will continue to be an essential retirement income stream. The white paper outlines why claiming early in response to potential cuts to Social Security benefits is not advantageous for most people. [Read More **](https://www.covisum.com/press/press-release-covisum-white-paper-examines-the-uncertain-future-of-the-social-security-program) ![Perspectives Magazine: Trusting the Planning Process](https://www.covisum.com/hubfs/double%20exposure%20of%20businessman%20hand%20working%20with%20blank%20net%20work%20diagram%20as%20digital%20cloud%20concept.jpeg) #### In The News ### [Perspectives Magazine: Trusting the Planning Process](https://www.covisum.com/press/perspectives-magazine-trusting-the-planning-process) on May 6, 2021 | By [Lauren Laferla, Director of Communications](https://www.covisum.com/press/author/lauren-laferla-pr-content-marketing-manager) For financial advisors, the first half of the year has included some unique challenges. Cryptocurrencies, Reddit suggestions, and other high-flyers have been tempting to some investors. They are all too eager to abandon their initial plan and move toward the exciting new opportunities. However, a look at the past year shows the planning process works, and shouldn't be abandoned. [Read More **](https://www.covisum.com/press/perspectives-magazine-trusting-the-planning-process) current_page_num+2: 5 - ## 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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