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Restoring Reduced Social Security Benefits

South Carolina Business Review
SC Public Radio

Many retirees depend on retirement benefits from Social Security to make ends meet. Imagine their surprise, disappointment, and anxiety when their social security checks are reduced by as much as $500/month. But our next guest says that it is possible for some affected households to have their full benefits restored.

Mike Switzer interviews Rick Van Der Noord, a certified financial planner in Greenville SC.

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.