Understanding Social Security and Medicare

Understanding Social Security and Medicare

Presenters:Ali Swofford PhD, Social Security and Katherine Morris, Medicare

Tuition:  $12  (includes class workbook) Prepay: Lisa at the Welcome Center.

Course Times and Date:This class will be offered twice on Thursday, September 5.The morning class is 9:30 am – 11:30 am.  The class will be repeated from 6 pm to 8 pm. Register for one OR the other.

Location:  Morning Class is in Chota D;  Evening Class is in Chota A


As you near retirement, one of the biggest financial decisions you’ll need to make is when to begin receiving your Social Securityretirement benefits. This course offers real-world strategies and methods designed for those age 60+ who are preparing for, or are in the early stages of retirement and are developing a plan for filing for Social Security benefits. By the end of the class, you will know how to choose the best filing option for your circumstances. You will also learn how income from other sources will affect the amount you are able to receive from Social Security, and the tax implications involved.

The Medicareportion of the class will teach you everything you need to know about Medicare and how to determine the best options for your current situation. Whether you are currently on Medicare or about to begin your benefits, valuable information will clarify any confusion about different types of coverage.

Class minimum: 5  Class maximum: 35

What You Will Learn

  • How to maximize and file for all eligible Social Security benefits
  • What triggers taxation on Social Security benefits
  • How much income you can make and still draw Social Security
  • What Social Security benefits you are eligible for if you are widowed or divorced
  • How to avoid the most benefit-claiming mistakes
  • What Medicare does and does not cover
  • What are the differences and costs of Parts A, B, C, and D
  • Which Medicare supplement is right for you
  • Medicare Advantage insurance plan differences

Presenters:  Ali Swofford, PhD, CLU, ChFC, is the Knoxville Chapter president of the American Financial Education Alliance (AFEA), a 501(c)3 nonprofit headquartered in Charlotte, NC. She is president of Prosperity Partners Wealth Management in Knoxville. Ali has been education in the financial services industry for more than 35 years. She has deep Tennessee roots; serves or has served on several boards of directors supporting non-profits in the area. She specializes in estate and retirement planning.

Kathi Morris, an AFEA member and Prosperity Partners’ Medicare Specialist, has more than 13 years’ experience in the insurance industry. She is able to educate and advise clients on the best Medicare Supplement and Medicare Advantage choices for their needs, as well as providing guidance on a range of insurance, short and long-term care matters, and funeral planning.

— Register —