Maximising Retirement Benefits through Social Security

Introduction

This “Maximizing Retirement Benefits through Social Security” training course provides in-depth analysis of how social security systems really work. Re-distribution is a worldwide financial tool, providing the basis for all social systems.  Retirement is for everybody.  This training course can also provide answers to social insurance adequacy to offer a promising retirement and how people can max-out the system to achieve optimal results.

Participants learn the principles of planning early for retirement, by counting more on social security, especially for lower income classes. Maxing out pension means getting the most of an individual’s retirement account.  Retirees leave their accumulated contributions partially unexploited, simply due to the lack of the necessary background on how to utilise their Social Security benefits.

Social Security and the respective insurance system are government regulated plans providing financial security in the short-run, and also build the necessary services to improve the financial condition of the society in the long-run. This training course explores the Social Security System and provides valuable information and calculations on how to maximize retirement benefits. For Pensioners, finding a balance between enjoyable retirement and ensured contributions is a must-do strategy to optimize potential. Planning and ongoing Financial Management are key areas for achieving this balance.

This GLOMACS Maximizing Retirement Benefits through Social Security training course will highlight:

• The usefulness of social security for people and humanity
• The policy proposals to improve social insurance programs
• What the varieties and alternatives of social insurance and Savings are
• The optimal process for achieving maximum results
• All ways and techniques of keeping an ongoing social security account

Objectives

By the end of this training course, attendees will handle how Social Security systems work and identify the financial part of retirement needs of people, according to their desired ageing lifestyle. 

By the end of this Maximizing Retirement Benefits through Social Security training course, the participants will be able to:

• Distinguish among the various types of social security
• Define concepts and principles of social insurance
• Identify the retirement needs of the insureds
• Calculate social security benefits
• Build on the alternatives and additives of insurance and investment

Training Methodology

This Maximizing Retirement Benefits through Social Security training course uses a combination of lecture and interactive presentation and live discussion, with videos and case studies.  These will be supported with tables and charts used along to consolidate learning with practical exercises and discussion with the seminar instructor.  At the end of each day there will be a summary recap, and every other day there will be a connecting introduction, linking up the topics to formulate a complete module.

Organisational Impact

Upon attending this training course the organization will benefit by:

• Anticipating and understanding risk across the social security system
• Integrating the relationship between retirement risks and their impact
• Advancing the targets of income support to become more efficient
• Enhancing proposals to strengthen the weak system parts
• Evaluating the support that other insurance and investment programs do for pensions

Personal Impact

The impact of this Maximizing Retirement Benefits through Social Security training course to the participants are the following:

• Examine other social security systems
• Identify social and retirement needs
• Evaluate the financial conditions of pensions
• Build diversified retirement plans
• Advance on pension insurance and investment tactics