Towerpoint Wealth’s President featured on ABC10 10.13.2022
Our President, Joseph Eschleman, was featured last night in evening anchor Lora Painter’s story on ABC10’s 11 p.m. news!
Joe discussed with Lora the *big* announcement made yesterday by the Social Security Administration, highlighting the +8.7% cost of living (COLA) increase set to occur in January of 2023, specifically:
✅ Why this is exceptionally good news for older Americans and Social Security beneficiaries!
✅ What does this huge 8.7% COLA increase mean?
✅ What should be done with this extra cash flow?
✅ A few unexpected underlying risks and tax consequences to this income boost.
To learn more about Social Security increase benefits, please click here: Why Social Security’s big boost to increase benefits has some downsides | abc10.com
- Thinking about, or already eligible for, Social Security benefits? Not sure how, or when, to take them? What about the correct time to elect your spousal benefit?
- There certainly is no “one-size-fits-all” strategy when considering how to optimize your Social Security election plan.
- We’ve helped many clients intelligently navigate through this complicated decision-tree – message us with your questions, or to begin a dialogue about your circumstances – we welcome beginning to get to know you.
