Social Security and its Proposed Changes for 2023 0.2 Credit
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The Social Security Administration recently announced a cost-of-living adjustment of 8.7% for an estimated 70 million Americans collecting Social Security benefits.
The bump represents the largest raise since 1981 for the program that older adults depend on to ensure their economic security, and it comes as many are feeling the sting of inflation, everywhere from the grocery store to their monthly energy bills to the gas pump.
The proposed reforms don’t sound very fun: Raising the retirement age, trimming benefits, increasing payroll taxes, or some combination of the three. You might not have much control over any of this, but there are ways to shore up your own retirement savings accounts.
The best option when it comes to supplementing Social Security income is to invest in other plans. If you worked for a larger company in your life, you likely had access to 401(k), 403(b), or 457 plans. If you worked on your own, you may have contributed to an IRA, or perhaps even a solo 401(k) plan. Whatever the case, diligent saving over time might exceed the amount you'll draw from Social Security.
Join this CPE Nano learning course by Ilene Slatko to understand the effects of the Social Security Rate Hike.
At this time, Nano-learning is not accepted by all state boards. If you are not sure whether your state board accepts Nano-learning, you can ask your state board or visit the NASBA registry.
| License details | Credits | Status |
|---|---|---|
| Taxes for Certified Public Accountants (CPA-US) | 0.2 CPE | Approved |
| Taxes for Personal Financial Specialist (PFS) | 0.2 CPD | Eligible |
| Certified Wealth Strategist (CWS) | 0.2 CE | Eligible |
| Certified Fiduciary and Investment Risk Specialist (CFIRS) | 0.2 CE | Eligible |
| License details | Credits | Status |
|---|---|---|
| Taxes for Certified Public Accountants (CPA-US) | 0.2 CPE | Approved |
| Taxes for Personal Financial Specialist (PFS) | 0.2 CPD | Eligible |
| Certified Wealth Strategist (CWS) | 0.2 CE | Eligible |
| Certified Fiduciary and Investment Risk Specialist (CFIRS) | 0.2 CE | Eligible |
| License details | Credits | Status |
|---|---|---|
| Taxes for Certified Public Accountants (CPA-US) | 0.2 CPE | Approved |
| Taxes for Personal Financial Specialist (PFS) | 0.2 CPD | Eligible |
| Certified Wealth Strategist (CWS) | 0.2 CE | Eligible |
| Certified Fiduciary and Investment Risk Specialist (CFIRS) | 0.2 CE | Eligible |
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MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478
MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.
For the past 35 years Ilene has provided financial literacy and investment education for individual clients to enhance their understanding of money, finances, and investments; and to organizations with a particular emphasis on retirement planning. She has worked for notable Washington, DC area investment companies in management and in building organizational depth in financial education.
Ms. Slatko has significant experience in the areas of leadership development, team development, career development, executive coaching and talent management. She has expertise in designing learning solutions – virtual instructor-led training and instructor-led -- to meet the unique challenges of clients. She was a key provider of executive and employee education for The Southland Corporation, U.S. Mapping, Century 21, and ERA Real Estate. She has worked with executives and leaders in the areas of communication, selling, client management, leadership development, and team development.
Ms. Slatko has extensive experience in Federal retirement programs and training federal employees. When the previous retirement system was replaced by FERS, Ilene was at the forefront of presentations to educate affected employees in their choices. She has been a trainer for retirement presentations at agencies throughout the DC area,
She has been a speaker at conferences including the Army Materiel Command Women’s Financial Day, Delaware Women’s Conference, and numerous youth financial literacy programs. Ms. Slatko is currently the host of a weekly Roku and Apple TV show called, The *It Show, the first financial program designed specifically for young women. In addition, she has been the Director of Training for companies in the financial and real estate fields.
Ilene is an alumna of Marietta College where she studied Drama, Speech, and English.
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LAC
She was very good in explaining the system of SS and where it started and where we may all end up. Great video!!
MT
great
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