Is My Non-Disabled Son Subject To An Annual Earnings Limitation?
Hello Larry,
My non-disabled son receives child insurance benefits on my record. I receive SSDI. Is his benefit subject to an annual earnings limitation based on his own earnings?
1801.3 (b) at the following link says that beneficiaries are not subject to an earnings test if they are entitled to benefits based on a disability. This is not clear to me if it means "their" disability or my disability. It seems odd to say they are not subject to an earnings test if they are disabled, as if they were entitled to benefits based on their disability, then it would make . . . Read More
Category: Earnings Test
Posted: Jun 18 2019 - 10:49am
Will My Wife Be Eligible For A Greater Monthly Benefit When I Start Drawing My Benefits?
Hello,
My question is as follows. Hoping you can answer it as the folks at the social security office tell me "NO" when I ask them.
Hopefully I can ask this complicated question in a way that you'll understand. Here goes.
I am 68 years old and coming up on 69. My birthdate is October 21,1950.
My wife is 69 and is coming up on 70. She is ten months older than me and was born on Dec.20,1949.
My wife started social security on her 65th birthday at a reduced rate.
When I turned 66, I decided to take what is called spousal social security . . . Read More
Category: Spousal Benefits
Posted: Jun 17 2019 - 5:41pm
Shouldn't My Brother Be Eligible For Benefits?
My brother blind, he lost his sight in 1982 in a car accident. He does not have 40 credits and he is 68 years old. He collected SSI for a few years and then it was stopped due to some change in the law. His wife is now 66 years of age and filed for social security. According to Social Security, her husband is still not entitled to any benefits. Please advise?
Hi,
Assuming that your brother and his wife have been legally married for at least a year and if he isn't already drawing Social Security benefits, then it certainly sounds like he should be . . . Read More
Category: Spousal Benefits
Posted: Jun 17 2019 - 8:09am
Will My Wife Be Able To Claim Her Social Security Benefits That Are Due Her In The Coming Months?
My wife worked 20 or so years as a nurse ,obviously paying social security
She then became a self employed real estate agent and did not pay SS for 5 or 6 years. Will she still be able to claim her social security benefits that are due her in the coming months.
Thx
Hi,
You don't mention your wife's age, so I don't know how soon she could potentially qualify for benefits. She would have to be at least age 62 to claim reduced Social Security retirement benefits, and if she files prior to her full retirement age (FRA) her benefits could be . . . Read More
Category: Retirement Benefits
Posted: Jun 16 2019 - 10:14am
Is There A Strategy That Would Allow One Or Both Of Us To Collect Spousal Benefits Until Age 70 And Then Draw Our Own Benefits?
Hello Larry:
My wife and I are both 57 (she is one month older). We will both be eligible for the maximum benefit at our full retirement age of 67. Is there a strategy or strategies we should look at that would allow one or both of us to collect the others spousal benefit(s) until 70 and then collect our own benefits?
Thanks,
Ray
Hi Ray,
Neither you or your wife could ever file for spousal benefits without also being deemed to have filed for your own Social Security retirement benefits at the same time. Only people born prior to . . . Read More
Category: Filing Strategies
Posted: Jun 16 2019 - 9:55am
Can You Shed Any Light On Whether Or Not My Wife Qualifies For A Spousal Supplement?
My wife and I are both retired and we were both born in 1948. My wife took Social Security at 64 and I took a spousal benefit on her account until I was 70 and then I took my full Social Security. I read that she might be able to apply for something called "spousal supplement" (not "spousal benefit"). I don't know if this would be more than we are now getting. My (husband's) monthly check is $2840 and my wife's check is $1083. Can you shed any light on any benefit from my wife applying for a spousal supplement?
Hi,
'Spousal supplement' isn't an actual . . . Read More
Category: Spousal Benefits
Posted: Jun 15 2019 - 10:41am
When Is My Widow's Pension Check Coming To My Bank?
When is my widows pension check coming into my bank? Also, LaRRY HOW MUCH A MONTH BEFORE TAXES CAN I WORK WITHOUT GETTING MY CHECK TAKEN AWAY?
Hi,
I need more information to be able to properly answer your questions. What I can tell you is that Social Security basically pays benefits a month behind. So, if you are eligible for a benefit payment for the month of June, your payment would be scheduled for sometime in July.
Social Security formerly paid all regularly scheduled benefit payments on the 3rd of the month (e.g. benefits for June . . . Read More
Category: Payment Dates
Posted: Jun 15 2019 - 10:19am
Is My Husband Eligible For A Spousal Supplement?
I began receiving my SS benefit at 65...i am 77 now....... Muy husband 74 receives his SS benefit also... My benefit is about $600 more... Is my husband entitled to apply for spousal supplement?
Hi,
There isn't enough information in your question for me to be able to give you an answer. If your husband applies for spousal benefits, his spousal rate (if any) would be calculated by subtracting his primary insurance amount (PIA) from 50% of your primary insurance amount (PIA). A person's PIA is the amount of their Social Security retirement benefit if . . . Read More
Category: Spousal Benefits
Posted: Jun 13 2019 - 9:44am
Can You Please Shed Some Light On Why My Wife Can't Get Spousal Benefits?
My wife started collecting SS in 2015 at 63. She now collects $11,532/yr. I started collecting in 2012 at 66. I now collect $27,292/yr. We were told by a financial advisor and an accountant that my wife should qualify for more benefits based on the 50% rule of my benefits being more than double hers. Went to the SS office and spent 1/2 day waiting to see someone who said no and shown us a page of numbers that made no sense. My calculus class in college made more sense. I beat myself up for not asking for a supervisor who might sit with us and have a clear explanation without an . . . Read More
Category: Spousal Benefits
Posted: Jun 13 2019 - 7:31am
Will My Earnings Limit Be Tested Monthly Or Yearly?
Larry, I plan to retire at the end of the year (12/31/2019) and start drawing social security in January. I will be 64 in November 2019, so I will be subject to earnings limit next year. My question is - will my earnings limit be tested monthly or yearly? I would like to work on a contract basis, so I would earn more than a monthly limit in a given month, but will keep my earnings under the yearly limit. Thanks
Hi,
Either of the 2 Social Security retirement tests (i.e. annual: https://www . . . Read More
Category: Earnings Test
Posted: Jun 12 2019 - 2:58pm
