Can my wife withdraw the application for her own SS amount and then reapply for the spousal benifit ? She has not received any payments yet as they are set to start in 04/22.
thank you,
Ron
Hi Ron. Your wife can withdraw the claim she filed, but unless she was born prior to January 2 1954 she won't be allowed to file just for spousal benefits without being required to apply for her own Social Security retirement benefits at the same time (https://www.ssa.gov/benefits/ . . . Read More
I was born in 1955 and am now at full retirement age. My wife will be at full retirement age in exactly one year. Is there any benefit for me to receive spousal benefits now. Would I then convert to my own benefits in one year when she receives SS benefits.
Hi. You can't be paid spousal benefits at least until your spouse starts drawing their Social Security retirement or disability (SSDI) benefits. And, even then, you'll only be able to qualify for spousal benefits if your wife's primary insurance amount (PIA) is more than twice as much as your own PIA. . . . Read More
Hi Larry,
I just signed up for SS, at age 67 +2 months, requesting payment to start November 2021. I was contacted by SS advising and asking if I wanted to back my payment up to May 2021 which will activate a check for months May - December. I thought about it and decided to go ahead and take the offer of starting my SS as of May 2021. I received a lump payment from SS in January 2022 Now, I am concerned.....I know SS sends out a 1099 in January for money paid the previous year. Will SS consider the amount I was paid in January 2022 as benefits paid for months in 2021 and . . . Read More
I had to quit working the end of 2021 (although not due to official disability) and need to apply for Social Security benefits in 2022. I will be applying 2.5 years before full retirement age. In order to make sure SS will know and will count my work earnings/contributions from 2021 (a higher-earning year) in figuring my benefits, what month should I apply? I have received conflicting information from SS. (I also have heard that once you start receiving SS benefits, especially before reaching full retirement age, nothing you do after than can increase your benefits, so I don't . . . Read More
Hi Larry, I’m currently 63. Ever since I filed for spousal child-in-care benefits I’m no longer able to get future estimated benefits for myself from the SSA website. Whenever I check my online account for my future amount, it states instead that I’m already receiving benefits. My understanding was that unlike with regular spousal benefits, a child-in-care benefit does not prevent my own benefits from continuing to increase until age 70. Am I wrong?
Hi. No. We've been assured by officials at Social Security that people receiving child in care spousal . . . Read More
I am 53, my wife is 59. Due to parkinsons diagnosis for my wife we are attempting to get her on SSA Disability. With or without that happening around age 60 for her, at age 62 likely would take her normal social security, but wonder what happens since I will still be working current job/career until she reaches medicare age at least (i'll be 59 myself). We have decent 401K/IRA situation in all tax deferred accounts.
Hi. Your work and earnings won't have any adverse effect on any Social Security benefits that your wife collects based on her own earnings . . . Read More
I am on disability Social Security I’m 58 years old I did not work full-time I only make 914 a month but I did get the increase and I do get Health benefits how can I get more money I am very low income is there anyway at all thank you
Hi. Social Security disability (SSDI) benefits are based on the disabled person's earnings history, so you're probably receiving all that you can get based on your own work record. You don't mention any marital history, so I don't know if you have any other benefit options. For example, if you're a widow you might be able . . . Read More
I need help ASAP / I drawed early retirement because ss office said my check would increase drastically because I still work / but I was told wrong & now my check is $700 a month after premium & early penalty ! I work but it doesn't look like it's ever going to be enough to live on ! They take out ss taxes but don't give much back ! I need your advise on what to do / I appealed & that is going nowhere ! HELP Asap
Hi. I'm sorry, but there really isn't enough information in your question for me to be able to offer you much in the way of advice. I . . . Read More
Will my 1099 income for 2021 be used just like W_2 Earning for social security.
Hi. No. Social Security taxes are not withheld from income reported on a 1099 form. Income reported on a 1099 form is only considered as earnings for purposes of Social Security benefit calculations and the Social Security earnings test if the income represents self-employment earnings. If it does, then the countable amount of the self-employment income is the net earnings from self-employment (NESE) that's reported on Schedule SE of the person's tax return.
Best, . . . Read More
When I applied for Railroad retirement, I was told that if SS was more that i should apply for that instead of RR. I asked the question as to why I couldn’t collect both and got the impression that both railroad retirement and social security should be combined and I don’t believe that they were. How can I verify this
Hi. I'll start by explaining that my expertise is limited to Social Security (SS) benefits, not Railroad Retirement (RR) benefits. What I can tell you about RR benefits is that if you're collecting SS benefits, the Railroad Retirement Board ( . . . Read More
Results will differ based on your specific case and filing strategy.