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Benefit Amount

When I Receive My First Payment Will It Include The 5.9% COLA?

When I applied for SSA benefits in September 2021 (for Jan 2022), the latest SSA statement at that time in September showed that I would receive $xxxx, if I waited until age 70. I reach 70 in January 2022. I just got a benefits verification letter (Dec 28, 2021) showing that I will receive $xxxx (the amount from the Sept 2021 statement) starting in Jan 2022, with no mention of the 5.9% COLA and no COLA notification letter. When I receive the first check in February 2022, will it be for $xxxx or for $xxxx + 5.9%?

Thank you. Tom

Tuesday, December 28, 2021 - 16:25

Is There Any Way For Me To Receive More?

I filled for retirement @ 62 . i got fired from my job. My father who was a decorated ww2 vet fell and i had to take care of him. So i thought well I will just retire. My father did pass. So my question is Im only receiving a small amount. After I filed is there any way to receive more . or perhaps I am stranded @ this amount indefinitely.
Thanks danie

Saturday, December 4, 2021 - 09:56

What Will My Wife's Spousal Rate Be If I Start Drawing My Benefits At FRA?

My wife took Social Security at 62 with FRA at 66 years 8 months. Her initial monthly payment was 720 with a PIA at that time of 1009. Her DOB is 9-16-58. My FRA is 66 and 6 months with DOB of 2-26-57. I expect to wait to draw my Social Security at my FRA. What will my wife’s spousal benefit be at the time I start Social Security at my FRA ? My Social Security online projects my PIA to be 3006. Would it be different if I waited for her to reach her FRA two months later at 66 years and 8 months?

Thursday, December 2, 2021 - 07:00

Does Drawing Spousal Benefits Impact My PIA?

I have applied for social security to begin in 02/2022 when I turn 70. When I reached my FRA in 2016, I applied for my spousal benefits. Do spousal benefits impact my PIA? I received the Social Security Notice of Award, it did not include any COLAs after my spousal benefits began. I have manually determined my PIA as of my FRA and it's the same as what they told me it was back in 2018. I have called them and they said COLAs are only for people receiving the benefits. I know that's wrong and want to submit an appeal.

Friday, November 19, 2021 - 16:25

Why Is There Such A Big Difference Between My Online Estimate And What I Was Told By Social Security?

I'm think about retiring in early 2022. My current online month Social Security benefit is about $500 less than what a Social Security agent told me to expect when I spoke to them in July. Why is there such a difference? Also, my salary this year will be much higher than the last few years. Does Social Security factor that in when computing estimates?
Thank you.

Thursday, November 11, 2021 - 14:17

Will My SSI Increase As I Get Older?

Will my SSI increase being I retired at 64 11 months as I get older or will I stay the same?

Hi. By "SSI", I'm assuming you're referring to Social Security retirement benefits. Once you start drawing your Social Security retirement benefits your rate doesn't go up simply as a result of getting older. If you choose to start drawing benefits prior to your full retirement age (FRA), the resulting reduction for age applied to your benefit rate is permanent unless some of your benefits are withheld prior to FRA because of your earnings.

Monday, November 8, 2021 - 09:10
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