Ask Larry: Questions and Answers

Displaying 1 - 10 of 8631 questions.

How Can I Change My Medicare Enrollment To An Earlier Date?

I have enrolled in Medicare PART-A on JUL 2020 when i turned 65. I continued to work until SEP 2020 and had EGHP (Employer Group Health Plan) until SEP 2020. My job got terminated on SEP 31 2020 but the employer as part of severance agreement to provide COBRA coverage until DEC 31 2020 fully paid by the employer. As of SEP 2020 due to termination of employment I was in SEP - special enrollment period for Medicare Part-B (8 months starting from OCT 1 2020 until May 2021). However I applied for Medicare PART B in Sep 2020 submitting all necessary forma and got approved for . . . Read More

Category: Medicare
Posted: Jan 17 2022 - 6:03pm

How Can I Get A Refund Of The Medicare Premiums That My Deceased Husband Overpaid?

My husband turned 65 in September 2021. Medicare sent him a bill for 4 months of payments a total of $594.00. The coverage was for 10/01/21 to 1/31/22. My husband passed away 10/21/21. I was wondering if I was entitled to a refund for the 3 remaining month my husband didn't need. I have called Medicare and they can't talk to me only him. What do i do or is there anything that can be done.

Thank you


Hi Lisa. I'm sorry for your loss. It sounds like what you need to do is submit to Social Security a form SSA-1724 ( . . . Read More

Category: Medicare
Posted: Jan 17 2022 - 5:49pm

When My Wife Turns Age 70 Will She Have The Opportunity To Collect More?

I started to collect my SS benefits at age 62. My wife who is seven years younger, started to collect her's at the rate of half my SS income when she turned 62. When she turns 70 this year, will she have the opportunity to collect more?

Hi. No. If your wife applied for benefits at age 62, then her application would have been deemed to be an application for both spousal benefits and her own Social Security retirement benefits. Therefore, your wife should already be receiving the higher of her own benefit rate or her spousal rate.

Furthermore, the . . . Read More

Category: Benefit Amount
Posted: Jan 17 2022 - 4:01pm

Does My Wife Qualify For Half Of My Social Security?

Category: Spouse not a US citizen.
My wife is a German citizen and her green card expired. We have been married since Sept. 9, 1980. We live together in Germany since my retirement from the US Army. I am 68 years old and she is 66 years old now. Does she qualify for half of my Social Security even if she has never been employed in the US since we were married? She is collecting health care and a retirement benefits from Germany.
Will the SSA automatically take out a Medicare payment from her benefit?
Thanks for your help!

Hi. It certainly . . . Read More

Category: Spousal Benefits
Posted: Jan 17 2022 - 9:28am

Has This Rule Changed?

I started drawing survivor benefits in 2021 (DOB 11/1955). Husband passed in 2020. SS has cancelled my benefits saying I earned too much this year. They said I can only earn $18,960. I turned full “survivor” retirement age this year and was under the impression I could earn up to $50,520 in the year I turned 66. Has this rule change? (My FRA for SS is 66 & 2 mo.) I have been denied benefits now until August of 2022 due to “ overpayment “. How can I fix this?

Hi. I'm sorry for your loss. No, the rule hasn't changed, but that's not good news for you. . . . Read More

Category: Earnings Test
Posted: Jan 17 2022 - 9:06am

Will It Affect My SSDI Benefits If I Purchase Rental Property Or Trade Securities?

Hello, I hope you are well. I currently receive SSDI benefits for myself and also receive SSDI benefits for my dependent children. I'm trying to find ways to increase my income. So I'm considering two things. 1) Buying rental property with a combination of savings and business credit (hoping to file as a single member llc in order to receive the funds). If, I get the funds, the rental will be completely managed by a property manager; and 2) studying in order to be able to swing trade(holding trades for more than 3 days, most likely more than 1 week). Will any of those scenarios . . . Read More

Category: Disability Benefits
Posted: Jan 17 2022 - 8:25am

Should SSA Be Informed Every Month How Much You're Earning?

Just retired three months ago. Should I decide to work part-time when I start collecting ssa benefits ( still waiting for processing ) when should I inform SSA that I am doing so. Should SSA be informed every month you’re earning a wage while retired. Thanks for your expert input !

Hi. The amount of your monthly earnings could only matter in the first calendar year that you're entitled to benefits. And, even then your monthly earnings amounts wouldn't matter as long as your calendar year earnings are below the annual earnings test exempt amount. . . . Read More

Category: Earnings Test
Posted: Jan 16 2022 - 5:29pm

Can I Collect Spousal Benefits At My FRA?

Larry I will be 66 on Feb 1st and have been collecting my own SS for 1 year (Feb 2022). My husband is 66 and collects his SS Can I collect spousal benefit at my FRA (66 & 6 months). And if I can what percentage? It’s all so confusing to me. Thanks June

Hi June. The only way that you could qualify for spousal benefits while you husband is living is if your husband's primary insurance amount (PIA) is more than twice as much as your own PIA. A person's PIA is equal to their Social Security retirement benefit rate if they start drawing their benefits at . . . Read More

Category: Spousal Benefits
Posted: Jan 16 2022 - 2:18pm

What Should I Do?

My survivor benefits were cut after 4-5 yrs, I care for our daughter who has a Disability and is 17yrs old and still attending High School. Also she have other 3 kids all over 18 that doesn’t attend high school and never Graduated what should I do

Hi. Child in care survivor benefits can potentially be paid to the deceased worker's widow or surviving ex-spouse if they have a child of the worker in their care who is either under age 16 or disabled. If the 17 year old you're caring for is eligible for child benefits then you can ask Social Security to make a . . . Read More

Category: Survivor Benefits
Posted: Jan 16 2022 - 8:11am

Are The Social Security Employees I've Spoken With Correct?

I want to postpone my RIB until 70 years of age. My FRA is 66, 4 months. However, if I start receiving disability at age 65 and 4 months, it will automatically convert to RIB when I attain FRA. I've seen language in the POMS that states you can suspend your RIB anytime between FRA and 70. Howver, my local Social Security office says before I can do that, I must first withdraw from my disability (within the first 12 months), pay it back, and then suspend my RIB - doesn't matter if I'm at FRA or later. I've spoken to 5 different employess there and always get that answer. Who is . . . Read More

Category: Suspending Retirement Benefits
Posted: Jan 16 2022 - 7:49am
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