Ask Larry

Miscellaneous

Why Were My Survivor Benefits Cut Off?

I have been received social security disability for about a year. I have also received widows benefits from my deceased wife. In August I applied for retirement benefits. It was approved in November. For some reason my survivor's benefits cut off and I did not receive a check in December 2021 nor January 2022. Why was the suvivor's benefits cut off?

Posted: 
Thursday, January 13, 2022 - 20:08

If SS Funds Were Withdrawn From A Deceased Person's Account How Does The Bank Know Who To Go After For The Money?

If SS funds was withdrawn form the deceased account in the month the Peron died how does the bank knows who to go after to have the money returned. The decease does not own anything or estate but does have adult children who withdrew the money

Posted: 
Wednesday, January 12, 2022 - 14:43

What Happens To My Wife's Benefits If I'm Still Working?

I am 53, my wife is 59. Due to parkinsons diagnosis for my wife we are attempting to get her on SSA Disability. With or without that happening around age 60 for her, at age 62 likely would take her normal social security, but wonder what happens since I will still be working current job/career until she reaches medicare age at least (i'll be 59 myself). We have decent 401K/IRA situation in all tax deferred accounts.

Posted: 
Sunday, January 9, 2022 - 12:21

How Can I Get More Money?

I am on disability Social Security I’m 58 years old I did not work full-time I only make 914 a month but I did get the increase and I do get Health benefits how can I get more money I am very low income is there anyway at all thank you

Posted: 
Sunday, January 9, 2022 - 08:15

Can You Advise Me?

I need help ASAP / I drawed early retirement because ss office said my check would increase drastically because I still work / but I was told wrong & now my check is $700 a month after premium & early penalty ! I work but it doesn't look like it's ever going to be enough to live on ! They take out ss taxes but don't give much back ! I need your advise on what to do / I appealed & that is going nowhere ! HELP Asap

Posted: 
Saturday, January 8, 2022 - 19:36

Can My Social Security Be Taken Away If I Sell My House?

If i sell my house and receive money for it can my social security be taken away

Hi. No. Selling your home would have absolutely no effect on your benefits provided that you are receiving Social Security benefits. However, if you are receiving Supplemental Security Income (SSI), those benefits could stop if you sell your home. Unlike Social Security benefits, SSI benefits are needs based. Therefore, changes in a person's income and/or resources can affect their eligibility for SSI benefits.

Best, Jerry

Posted: 
Friday, January 7, 2022 - 15:57

Do I Need To Report DIC Payments From The VA To Social Security?

Do I have to report DIC from the VA to Social Security???

Hi. Not if you receive Social Security benefits, but if you're receiving Supplemental Security Income (SSI) then you need to report any other income you receive. SSI is needs based, so any type of other income can potentially affect a person's SSI eligibility or payment amount.

Best, Jerry

Posted: 
Friday, January 7, 2022 - 07:46

Is There Any Reason Why My Mother Didn't Receive Her Social Security Check This Month?

My mother has always received her social security (from my dad’s earnings - he is deceased) on the third. She receives assistance and is classified as a QI (qualifying individual). Today is the fourth and her check has not deposited? Any reason why? SHE IS VERY DISTRAUGHT- she is 81 and very worried). Your help is appreciated.

Posted: 
Tuesday, January 4, 2022 - 12:24

Can I Still Collect My Deceased Mother's Funds From Her Retirement Account?

Hello, my mother died about 30 years ago at the age of 52. I was 24 years old and did not know anything about collecting her social security funds. She had worked about 25 years at ATT and had money coming to her. I am asking now, can I still collect her funds from her retirement account? She was not married to my dad the 10 years required so I thought the kids get her funds, but I could be wrong.

Posted: 
Monday, January 3, 2022 - 11:43
MaxiFi software running on a laptop
Get What's Yours!
Discover tens of thousands in extra retirement dollars with Maximize My Social Security software!
  • Find your maximized strategy
  • Unlimited what-ifs
  • Step-by-Step filing instructions
  • Our software's lifetime-benefit increase for an illustrative couple earning $65K each and planning to take retirement benefits at 62.

    Results will differ based on your specific case and filing strategy.

Getting Started is Easy
Web-based software. Works on ALL browsers. No download.
$40 Annual Household License
$299 Annual Financial Advisor License