Insight by NITP, Inc

Understanding Social Security: Tips to help you maximize your benefit amount

Subscribe to For Your Benefit’s daily audio interviews on Apple Podcasts or PodcastOne.

Insight by NITP, Inc

April 30, 2018 – Host Bob Leins, and co-host John Elliott, welcome Lester Austin, Retired Senior Public Affairs Specialist with the Social Security Administration, to talk about how social security coordinates with financial awareness, planning and opportunities.

Social security is sometimes an overwhelming topic for Federal employees.  Do you avoid thinking about it?  Today’s talk will answer these questions:

  • How to coordinate Social Security maximization relative to your total income?
  • What role does Social Security play in financial planning?
  • Where can I obtain a copy of my Social Security statement?  Can I access my account online?
  • When should I claim my SSA benefit?
  • What is a “restricted application” and what are the requirements to file a “restricted application?”
  • Am I eligible for spousal or survivor Social Security benefits as well as my own?
  • Why should I be concerned with timing my benefits with my spouses?
  • If I am receiving a Social Security benefit based on a former spouse’s earnings, can I delay my own benefit until 70 years of age?
  • Does the FERS annuity supplement affect my Social Security benefit and how is it taxed?

For questions or comments, email us in advance at


Copyright © 2019 Federal News Network. All rights reserved. This website is not intended for users located within the European Economic Area.