Will Receiving A Belgian Pension Cause My U.S. Divorced Spousal Benefits To Be Reduced?
I have Divorced Spousal Social Security from the U.S. I may qualify for a minimal pension in Belgium of about $100.00 monthly. I do not know if I would be paid from the beginning date April 2020 should I qualify.
How would my Divorced Spousal Social Security be affected?
Could I start the application in Belgium or is it mandatory I start on the US side? Thank you so much, Anne
Hi Anne. No. Receiving a pension from a foreign country does not cause a person's U.S. Social Security auxiliary (e.g. spousal, divorced spousal) or survivor benefit rate . . . Read More
Category: Divorced Spousal Benefits
Posted: Apr 10 2023 - 10:46am
Can I Collect Benefits From Both Canada And The U.S.?
I am retiring from Canada and USA and live in USA.
1.can I collect from both countries and will there be a reduction from my U.S. benefit because it will be greater than my Canadian.
2. Can I legally avoid getting this reduction
3. Is there a formula to calculate the reduction
4. Is dollar exchange in the formula because I do not want to be short changed
Hi. Yes, you can potentially collect benefits from both the Canadian Pension Plan (CPP) and U.S. Social Security. But if you're collecting a CPP pension, then unless you meet one of . . . Read More
Category: Foreign Pensions
Posted: Apr 10 2023 - 10:27am
Will I Be Able To Collect Both My Social Security And My Husband's CalPERS Pension?
Larry,
I collect my own Social Security I was and am still self employed
My husbad a school teacher gets a calpers pension and elected t0 take half his pension so I Would get the half he now gets when he dies. I get conflicting info
Yes I can colect his pension and my social security and
No my Social security or his pension will be reduced b 2/3. He took half his pension so I would get his half.
Thank you so much for your help
Hi. All I can tell you for sure is that collecting a survivor pension from CalPERS will NOT cause your . . . Read More
Category: Miscellaneous
Posted: Apr 9 2023 - 6:16pm
Will I Only Receive The Higher Of Railroad Retirement Or Social Security?
If I switch from RRB to SSI when I turn 70, and if my ss benefit is higher than my rr does that just means that I would only receive the higher of the 2 benefits and who would I be receiving the money from, RRB or SSI
Thank you in advance for your answers
Hi. Railroad Retirement (RR) benefits consist of two tiers. Tier 1 benefits are essentially a substitute for Social Security, so if you apply for both Social Security and RR benefits you can only be paid the higher of your Social Security benefit or your RR tier 1 amount. But, if you're eligible . . . Read More
Category: Railroad Retirement & Social Security
Posted: Apr 8 2023 - 4:02pm
Can I Collect Railroad Retirement Benefits And Stiil Receive Delayed Retirement Credits (DRC) When I Switch To Social Security?
I am fra and qualify for RRB divorced spousal benefits. I plan to keep working until age 70 to collect my maximum benefits with delayed credits on my own SSI. Can I collect the RRB and switch to my SSI when I reach 70 and still receive the delayed credits. I have contacted both RRB and SSI and I am getting conflicting answers from both agencies.The best that I can figure is that my SSI will be higher than my RRB. Thank you
Hi. Yes, your Social Security retirement benefit rate can still be increased by delayed retirement credits (DRC) for any months that you . . . Read More
Category: Railroad Retirement & Social Security
Posted: Apr 8 2023 - 6:44am
When I Die WIll My Children And Spouse Be Able To Collect Benefits?
I am marrying a filipina with two minor children--- My wife or kids have never left the philippines' but I have been there more than 5 times and rent a home there now. I receive 1894.00 month at age 69.---
Question: When i die will children and my spouse be able to collect benefits?
Hi. Assuming that your wife and children are citizens of the Philippines only, then the answer is almost certainly no. In order for your wife and step-children to be able to collect benefits from your Social Security record while they are living outside of the U.S., they . . . Read More
Category: Survivor Benefits
Posted: Apr 7 2023 - 5:59pm
How Do I Request A Review To Recalculate My Benefit Rate?
What process do I go through to request a review to recalculate my Social Security pay/credits, based upon higher earnings now (over last 3 years as a LtCol USAF) and further much larger earnings, given that I am 64 years old, and will not stop full time nurse anesthesia (civilian) until 70 years old.
Hi. Social Security retirement benefits are based on an average of a person's highest 35 years of Social Security covered wage-indexed earnings, so additional years of earnings only increase a person's benefit rate if they're higher than one or more of the 35 . . . Read More
Category: Recomputations
Posted: Apr 7 2023 - 1:42pm
What's The Best Way To Calculate Potential Reduced Widow's Benefit Rates?
Hi - I am stumped by this explanation on SSA's website https://www.ssa.gov/benefits/survivors/survivorchartred.html; I had a question widow, who wanted to claim widow's benefit at 62, her FRA 67. According to the chart, if for 67 FRA reduction on $1,000 is to $796 if claimed at 62. Yet, SSA list monthly reduction .339, if I multiply this by 60 months difference I am getting a very different result than $796. Kindly, what am I doing wrong? What's the best way to calculate it? Is there a rule of thumb . . . Read More
Category: Widow(er) Benefits
Posted: Apr 7 2023 - 1:06pm
What Would Happen To My Client's Disability Benefits If He Sells His Home?
I am a real estate agent in NJ. I have a prospective client who would like to sell his home and move to a more tax friendly state. Currently, he receives approx $14,000 in SSDI and Food Stamps. The home he owns would net him about $350,000 after expenses. His concern is that if he sells the home, he would no longer qualify for his current benefits. In addition, there would be a "look back" where he would be required to return benefits to SSA for the entire time period he received benefits which has been 22 years,
Hi. As long as the type of benefit that . . . Read More
Category: Disability Benefits
Posted: Apr 6 2023 - 5:41pm
How Do I Answer The Following Questions On My Online Application?
Hi Larry,
Several years ago I filed a restricted application and am currently receiving spousal benefits. I want to switch to my own maximum retirement benefits beginning the month I turn 70, which is July 2023. I am filing the application online but there are several questions I do not know how to answer. Am hoping you can help.
1. Since I am receiving spousal benefits, are my Medicare and Social Security Benefits submitted on my wife's or my Social Security number?
2. I want to continue receiving spousal benefits until my benefits start in July. How do I . . . Read More
Category: Filing For Benefits
Posted: Apr 6 2023 - 2:35pm
