Ask Larry: Questions and Answers | BAM - Maximize My Social Security

Displaying 1831 - 1840 of 10063 questions.

Can I Apply For Benefits From My Husband?

My husband and I were both born in 53. We both took Social Security at age 62. Can I apply for benefits from him?

Hi. You can certainly apply for spousal benefits, but I can't tell you whether or not your qualify for them. Assuming that your husband is still living, you'll only qualify for spousal benefits if your own primary insurance amount (PIA) is less than 50% of your husband's PIA. A person's PIA is equal to their Social Security retirement benefit rate if they start drawing their benefits at full retirement age (FRA).

Best, Jerry

Category: Spousal Benefits
Posted: Oct 13 2021 - 9:58am

Do You Have Any Suggestions?

Larry this is my question my husband died 6 years ago this past April we had been married for two little two years and we divorced we were still together even though we were divorced we remarried and 2015 April the 3rd and he died April the 30th he had cancer and expected him to live 12 to 15 months and he threw a blood clot right after we got married they turn me down when I applied when he died 6 years ago now everything I'm reading and finding I am and was eligible for it do you have any suggestions I've applied and I'm still waiting to hear something I just thought I'd get . . . Read More

Category: Widow's Benefits
Posted: Oct 13 2021 - 9:31am

Will Social Security Take Away My Mother's Benefits Because Of My Father's Death?

My mom and dad were married for 18 yrs before getting divorced which when he retired she got a portion of his retirement he passed away 2weeks ago and my mom is scared to death they will take away anything she was getting is she entitled to anything now that he has passed

Hi. I'm sorry for your loss. I see no reason to think that your mother has anything to worry about with regard to her benefits. If your mother has been receiving benefits as a divorced spouse, then her divorced spousal rate should go up as a surviving ex-spouse.

Divorced spousal . . . Read More

Category: Survivor Benefits
Posted: Oct 12 2021 - 3:27pm

Am I Entitled To Any Other Benefits?

I'm 54 have been on ssdi for12 yrs I suffer from several debilitating terminal diseases I'm on medicade and recurve a whopping $779 a month my question is is this the best I can get or am entitled to

Hi. My expertise is limited to Social Security benefits, so I don't know if you could qualify for any needs based benefits in your community. Since your Social Security disability (SSDI) benefit rate is relatively low, you may want to try searching for Social Service agencies in your area. Also, Social Security does administer a federal needs based benefit . . . Read More

Category: Disability Benefits
Posted: Oct 12 2021 - 3:14pm

Do You Know What I Received A Deposit Today?

I received a deposit of $141.00 today October 12 can you tell me what this deposit is for?

Hi. No, I have no idea. Sometimes people will receive extra or irregular Social Security benefit payments as a result of benefit recomputations. The most common cause of a recomputation is to include additional earnings that the person had after starting to draw benefits, but I wouldn't have any way of knowing if that's what caused the payment that you received.

In any case, when Social Security sends payments other than regular monthly benefits they also . . . Read More

Category: Miscellaneous
Posted: Oct 12 2021 - 12:32pm

Should I Not Get Both My Disability SSI And My Disability Pension?

Can my disability SSI be deducted from the disability pension from the company. My disability SSI is being deducted by the company disability pension is that not unconstitutional and arbitrary.
Should I not get both. Disability SSI and disability pension from the company.
Pl reply

Hi. I assume you mean that you're receiving Social Security disability (SSDI) benefits. Receipt of a private or employer based disability pension would not affect the amount of a person's SSDI benefit, although SSDI benefits can be fully or partially offset if the . . . Read More

Category: Disability Benefits
Posted: Oct 12 2021 - 12:13pm

Do You Know If The SS ANYPIA Calculator Can Show SS Benefits For Any Month Beyond January?

Do you know if the SS ANYPIA calculator can show the SS Benefit for any month beyond January of the year input for starting the benefit?

Hi. No, I'm not familiar with any of the various online Social Security benefit calculators other than the one that's included in our software (https://maximizemysocialsecurity.com/purchase). What I can tell you is that primary insurance amounts (PIA) don't change within the same calendar year. A person's PIA for retirement benefits is calculated or recalculated . . . Read More

Category: Calculating Retirement Benefits
Posted: Oct 12 2021 - 7:25am

Is It Common To Have A Discrepancy In My SSDI And FRA Benefit Rates?

I have been collecting SSDI on my own record since 3/1996 at age 36. I am also receiving 60% of my original private retirement amount under a disability plan I purchased and paid for thru my employer. I am now 62 and I know that my SSDI would be converted at my retirement age of 66 years and 10 months, full retirement age. However, there is a reduction in my FRA payment amount from SSA since I have been receiving cost of living increases annually on my SSDI. It seems as if my FRA has not kept up with the increases on the SSDI. Is this discrepancy common? Or is there something I . . . Read More

Category: Benefit Amount
Posted: Oct 11 2021 - 4:58pm

If I Die Does My Spouse Receive My $2500 Benefit?

I took SS at 70, $2500, If i die does my spouse receive my $2500 benefit or my benefit @ my 66 year old rate? My wife took hers @66 as is receiving $1300

Hi. Yes, since your wife has reached full retirement age (FRA) for widow's benefits, if you die before her she'll be eligible for your full higher benefit rate. Technically Social Security would continue to pay your wife her own benefits plus a partial widow's benefit equal to the difference in your benefit rates, but the combined benefit amount would add up to your full age 70 rate.

Best, Jerry . . . Read More

Category: Widow's Benefits
Posted: Oct 11 2021 - 4:22pm

Can You Verify The Accuracy Of An Article I Read?

Can you verify the accuracy of this article. The article states that once you achieve Full Retirement Age you no longer are required to pay any income tax on your social security earnings regardless of how much you earn or receive from pensions, IRAs, etc. To my knowledge this is not true, but has there been a change to the Social Security income taxation rules? I thought that you had to be aware that there is a potential that your Social Security could always be subject to the 50%/85% taxation even after reaching Full Retirement Age.

Hi. We can't post . . . Read More

Category: Taxation Of Benefits
Posted: Oct 11 2021 - 2:19pm

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