LifeYield Offers Social Security Advantage through Allianz
Financial professionals who do business with Allianz can soon provide information surrounding what may be optimal timing to take Social Security benefits, as well as how to file based on various financial and spousal scenarios.
LifeYield is making its Social Security Advantage optimization tool available to financial professionals who do business with Allianz Life Insurance Company of North America, starting this fall.
By using this tool, financial professionals working with Allianz Life will have access to software to provide personalized advice to their clients on multiple variables surrounding Social Security and retirement planning.
Depending on the retirement goals of their clients, financial professionals using Social Security Advantage can soon provide information surrounding what may be optimal timing to take Social Security benefits, as well as how to file based on various financial and spousal scenarios. Additionally, financial professionals can provide clients with customized reports that can show how much more they can expect to receive based on LifeYield’s suggested actions.
“For many Americans, Society Security is the most important part of their retirement plan, but it can also be confusing,” says Mark Hoffman, chief executive officer of LifeYield. “Social Security Advantage gives the financial professionals who do business with Allianz Life another powerful opportunity to gain and keep more clients that need help in the complicated science of retirement planning.”