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

Displaying 31 - 40 of 10063 questions.

Is There Some Reason That My Spousal Benefits Started Three Months After My Wife Took Her Benefits?

Hello,
My wife took her retirement benefit in July, 2022, which made me eligible for a spousal child-in-care benefit at the same time (I thought). After a very long application saga, which formally began in October, 2022, I finally received my benefit letter which makes it look like my benefit is retroactive to October of 2022, not July (although it's not 100% clear). Is there some reason for the 3-month delay, or did they just get it wrong? During my application process I thought I had confirmed several times that this would be retroactive to July.
Additionally, . . . Read More

Category: Spousal Benefits
Posted: May 10 2023 - 11:50am

Should I Wait Until I Retire To Apply For Survivor Benefits?

My husband died in 2018. My 20 year old developmentally disabled son is receiving social security survivor benefits through my husband (as well as some ssi). Do you recommend I wait to apply for survivor benefits for myself until I retire? I make too much money to receive any money if I apply before I retire, but is there any advantage for me to apply at 60? Will my son’s social security survivor benefit be reduced when I start receiving survivor benefits? Will my benefit be the same as my son’s? I am 59, planning to retire in the next 2-3 years. I don’t plan to claim my own . . . Read More

Category: Filing Strategies
Posted: May 9 2023 - 8:48pm

Can I Draw From My Father?

I have been disabled before 19 and I draw SS mad SSI I have been married 3 times going threw a divorce now I was told where I have never draw SS from my dad that after my divorce I can draw from him can I Thanks

Hi. If you're currently unmarried and if you've never collected benefits on your father's Social Security record in the past, then you may be eligible for disabled adult child's (DAC) benefits. There isn't enough information in your question for me to be able to know if you would meet the requirements, but you can make an appointment to apply by . . . Read More

Category: Disabled Adult Child Benefits
Posted: May 9 2023 - 8:40pm

How Do I Get My Money Back?

started my fire department pension march 1 1974. spent 25years on the dept.and retired in1999. started my social security in 2009.and was told that my $900 quote from social will be reduced to $600 because of the windfall elimination provision . it has come to my attention that if a firefighter had 10 years vested in the pension system prior to 12/31/ 85 . WEP. does not apply . i should have been paid the full amount. i found that a law suit was brought against social security.11 circuit court of appeals April16 2003. Ralph Stroup plaintiff-appellant,V joann barnhart social . . . Read More

Category: Non-Covered Pension - WEP / GPO
Posted: May 9 2023 - 8:21pm

Will My Wife Receive More If I Don't Start Collecting My Benefits Early?

I am 63 my wife is 58 and she did not work. She wants to collect at 62. Will she receive more if I do not start collecting age 63 and I wait a few more years before I collect.

Hi. Taking your benefits early wouldn't adversely affect your wife's spousal benefit rate while you're living, but it would limit the amount she could be paid as a widow.

If you start drawing your benefits at 63, for example, the most that your wife could be paid in the event of your death is the higher of a) your reduced benefit rate or b) 82.5% of your primary insurance . . . Read More

Category: Spousal Benefits
Posted: May 8 2023 - 9:29am

Can I Get A Personal Loan While I Wait For My Back Pay?

I got approved for social security disability benefits I'm waiting on back pay deposit for 2years and 2months can I get a personal.loan while I get my deposit in the next 30 days

Hi. You can't get a loan from Social Security, but taking out a loan from some other source wouldn't have any adverse effect on your Social Security disability (SSDI) benefits.

Best, Jerry

Category: Miscellaneous
Posted: May 7 2023 - 5:39pm

Could I Use Your Software To Calculate My WEP PIA In Order To Determine If The Amount That Social Security Calculated Is Correct?

I believe my WEP PIA calculation by SSA is inaccurate.

Before filing an appeal with the SSA, however, I would like to validate my calculations of WEP PIA..

If I were to purchase your Software for Household, would I be able to replicate my WEP PIA so I can see if the SSA has computed my benefits accurately?

Thank you.

SS

Hi SS. Yes, our software (https://maximizemysocialsecurity.com/purchase) is programmed to handle all of the possible calculations involved in the . . . Read More

Category: Non-Covered Pension - WEP / GPO
Posted: May 7 2023 - 1:19pm

Am I Entitled To Any Of My Husband's Back SSI Pay?

I've received S. S. I. benefits since 2004,my husband and I have been married since 2002. In the state of TN. I am aware that in that state there is no such thing as "legally separated". This state considers it either married or divorced. No mediums on anything. we separated in June of 2013... of course my retroactive s. s. I. 1st check saported him & social security knew that, only allowing him (Or us) to make no more than $700 more per month.. my husband received his 3 yr. retro SSI in 3/2023.. Am I entitled to any of that money???
signed struggling & done . . . Read More

Category: Supplemental Security Income
Posted: May 7 2023 - 11:47am

Can I Get Survivor Benefits If My Deceased Husband Collected Social Security Disability Benefits?

I'm 63 years old I would like to know if I can get my deceased benefits if he got Social Security Disabilities

Hi. You meet the age requirement for widow's benefits, so if you are a widow and if you meet the requirements outlined in the following section of Social Security's handbook: https://www.ssa.gov/OP_Home/handbook/handbook.04/handbook-0401.html, then you could claim reduced widow's benefits now. However, if you're still working, Social Security may need to withhold . . . Read More

Category: Survivor Benefits
Posted: May 7 2023 - 11:38am

Can My Mother Stop Getting Her Survivor Benefits In Order To Qualify For State Assistance?

Hi there,

This question is on behalf of my mother. My mother was receiving social security benefits. When my father passed away in 2021, we applied for SSA Survivor benefits for her. As her savings have worn away she’s in need of additional financial assistance. However, since she receives survivor benefits she surpasses the income limits for eligibility in state programs such as NJ FamilyCare ADB. If we were to remove survivor benefits she would qualify for the state assistance. Is there a way to accomplish this, can from SSA 521 be used for this?

. . . Read More

Category: Miscellaneous
Posted: May 6 2023 - 6:20pm

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