Yale University Retirement Planning Webinar for Faculty/Staff-Session 2

Session 2: How to Pay Your Taxes in Retirement, Social Security and Medicare

Paying Your Taxes in Retirement: Using the IRS’s Tax Estimator and withholding from taxable income sources or paying Estimated taxes

Social Security Retirement Benefits: How do they calculate my Retirement Benefits. How soon before retiring should I apply? Collecting Strategies from a financial planning perspective. What about spousal and widow(er)’s benefits? Will my benefits be taxed or reduced if I work or retire early?

Medicare and Health Insurance Planning: Medicare: Parts A and B. Costs involved. Are there “Gaps in Coverage”? When to Apply and penalties for not applying at the “right time.” How do Medi-gap policies or Medicare Advantage plans may fit in?