Washington, D.C. Media Briefing -- Strategies to maximize social security benefits

  Washington, D.C. Media Briefing -- Strategies to maximize social security
  benefits

Business Wire

-- November 16, 2012

Prudential Financial, Inc.:

         A panel of retirement industry experts from Prudential, WISER, AARP
         and the Center for Retirement Research at Boston College will discuss
WHAT:   the value of social security and strategies individuals can use to
         maximize social security benefits. The experts will also focus, in
         particular, on approaches married, divorced or widowed women can
         employ to increase the value of the benefits over their lifetimes.

WHEN:    10:30 a.m. to 2:00 p.m., Monday, November 19, 2012

WHERE:   Newseum, 555 Pennsylvania Avenue, Knight Conference Center, 8^th
         Floor
         Washington, D.C.

RSVP:    Email maria.bonilla@prudential.com or contact (973) 802-2958

         James Mahaney, vice president, Strategic Initiatives, Prudential
WHO:     Financial, author of a updated Prudential white paper on social
         security strategies - “Innovative Strategies to Help Maximize Social
         Security Benefits”
         
         Steve Sass, Associate Director, Center for Retirement Research,
         Boston College will highlight the importance of Social Security and
         why delaying Social Security is an important tactic in leveraging
         retirement nest egg;
         
         Cindy Hounsell, President, Women’s Institute for a Secure Retirement
         (WISER) will explore why these strategies are especially important
         for women to improve their long-term financial security;
         
         Jean Setzfand, Vice President, Financial Security, AARP will address
         how the advocacy organization is using information and online tools
         to ramp up members’ knowledge about Social Security; and
         
         George Castineiras, senior vice president, Total Retirement
         Solutions, Prudential Retirement will moderate and discuss the role
         of Social Security in retirement planning.
         

BACKGROUND: Limited understanding of the social security program is leading
individuals to miss out on the full value of the lifetime benefits they could
be eligible to receive, according to Prudential’s “Innovative Strategies to
Help Maximize Social Security Benefits” white paper which will be launched at
the event. With over 70 percent of retirees electing to start receiving
reduced Social Security benefits prior to their full retirement age and women,
in particular, electing to receive individual worker benefits, rather than
spousal benefits at retirement age, many Americans are missing out on the
ability to collect higher benefits over their lifetimes.

Contact:

Prudential Financial, Inc.
Dawn Kelly, 973-802-7134
dawn.kelly@prudential.com
 
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