Ask Larry


Can I Collect My Employer Pension At Age 60 Since I'm Disabled?

I am 60 I collect SSD someone told me I could collect my pension before 62 I worked for the New York City department of corrections is it true that I can collect it now that I'm disabled at 60 I've been disabled for 8 years and just S.S. aint doing it just getting by

Hi. I'm sorry, but my expertise is limited to Social Security benefits. I don't know what your options are with regard to drawing a pension from your former employer.

Saturday, June 25, 2022 - 12:24

Is It Correct That I'll Continue To Receive Both My Own SS And My Widow's Benefit When I Turn 65?

Currently I am 61, and started receiving SSDI 2 years ago. My husband was killed on the job in 1990. At age 60 I started receiving what SS calls excess widows benefits.
I have been told by SS that my disability will automatically convert to SS when I turn 65, and I will continue to receive both my SS, and my widow benefits. Is this correct or have I been miss-informed…repeatedly?
Thank you,

Friday, June 24, 2022 - 15:16

How Can I Get Monies From My Social Security Work?

How can I get monies worked for from Social Security approx. from 1960-1972/4 yrs. and before monies were put into a pension (STRS) from 1965-2004.
Ret. teacher,

Hi. You can't get a refund of the Social Security taxes you paid if that's what you're asking. Social Security taxes are required to be paid on any Social Security covered wages regardless of whether or not the person who earned the wages ever becomes eligible for Social Security benefits.

Monday, June 20, 2022 - 12:29

Does My Benefit Estimate On The SS Site Include 32% From DRCs?

My PIA at age 66 was $1211( 11/19). I am taking spousal benefits until 11/23 when I turn 70. The SS site I viewed before I took spousal stated at age 70 my payment is $1,641. Does this include 32% DRC's? I thought COLA's were added first to PIA and then the 32% DRC's are added to get your age 70 payment. Please clarify. Thanks so much.

Sunday, June 19, 2022 - 15:28

Is It True That At Age 70 The Amount I Earn Will Be Limited?

I am almost 68, collecting social security and self-employed. I was recently told that at age 70, the income I personally earn would be limited. Is that correct?

Hi. No, at least as far as Social Security is concerned. Once you reach full retirement age (FRA), none of your Social Security benefits would be withheld regardless of how much you earn.

Best, Jerry

Sunday, June 12, 2022 - 13:17

Are All Of The Social Security Statements Available Online Incorrect?

Are all of the Social Security Statements available on My Social Security incorrect? The SSA revised the statement that can be downloaded from the My Social Security website about 1 year ago. It now shows the amount of future benefit amounts at FRA, 67, 68, 69, and 70. It is correct at FRA and 70, but it is understated at 67, 68, and 69 by a significant amount.

Wednesday, June 8, 2022 - 08:22

If I Take A Job Will I Lose Some Of My Benefits?

I am 69 years old and drawing social security. My husband died Feb. 2022 and I am now drawing widow's benefits to match what he was drawing. If I take a custodian job at my church that pays $1300 a month, will I lose the extra social security I started receiving and go back to my original amount?

Hi. I'm sorry for your loss. The answer to your question is no. Since you are over full retirement age (FRA), you won't lose any of your Social Security benefits if you start working regardless of how much you earn.

Best, Jerry

Thursday, June 2, 2022 - 10:33

How Can My Wife Find Out How Many Quarters She Has?

I retired at 65 and began taking SS benefits at 66 (FRA for me since I was born in 1951). My wife was born in 1952 and did not have enough quarters to qualify for her own SS benefit. Accordingly, we decided to file for spousal benefits for her at age 65. The various spreadsheets I ran suggested this produced the highest lifetime benefits for us. Since my wife began taking spousal benefits, she has been working on her doctorate which involves teaching and thus W2s and paying FICA. She may soon have enough quarters to qualify for her own benefit (she is now 70).

Sunday, May 29, 2022 - 21:01
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