Ask Larry

Miscellaneous

How Do I Borrow From Benefits?

How to borrow from benefit pay back as soon as 3 months

Hi,

I'm not clear on what your question is, but if your asking if you can borrow from the Social Security contributions (i.e. taxes) that you've paid then the answer is no, you can't. Nor can you receive an advance payment of your future Social Security benefits.

Best, Jerry

Posted: 
Thursday, May 10, 2018 - 11:29

Would My Friend Qualify For Social Security Disability Benefits?

My friend lived out of the country for years and cared for a friend for her room and board. She paid nothing into social security and does not qualify for social security . She has come home recently and is disabled. Would she qualify for ssdi or would she be eligible for welfare. She will be 65 in November. Thank you for any help.

Hi,

Posted: 
Wednesday, May 9, 2018 - 17:45

Is It True That I Lose My Benefits If I Don't Work For 10 Years?

I am 57, I qualify for and have paid into to SS but have not worked since 2008. Someone told me I would lose my benefits If I do not work for a 10 year period, which will be exactly 10 years in August of this year. Is this true?
Thanks

Hi,

No, that's not true. As long as you earned at least 40 quarters of Social Security coverage at some point in your lifetime you can qualify for Social Security retirement benefits as early as age 62.

Posted: 
Tuesday, May 8, 2018 - 23:58

Is This Legal And Aren't There Time Limits?

Hi Larry,. I received a letter from my bank today that came from Department of the teasury bureau of the fiscal service. It had notice of reclamation stamped on it in the upper left hand corner. It stated that the government had received information that the person named on this notice is deceased. The deceased is my Mother and she died December 30th of 2016. They said that her social security benefits ended with her death and that they must recover all payments made after her death. The last payment was direct deposited on the 3rd of January 2017.

Posted: 
Saturday, May 5, 2018 - 11:41

Can You Tell Me Approximately What I Should Draw?

My full retirment age was 65. I was born in 1948. My husband died at 59 so he did not draw any benefits. I started drawing a widow's benefit at 64 yrs. 11 months. As I plan to work until I am 70, I was told to come back at 70 and draw on my own benefits and it would probably be higher that what I am presently drawing. As I am 69 1/2, I called S. S. to see if they could tell me if I would get a higher amount at age 70 when I move over to my S. S. I was surprised but they said if would be a couple of thousand dollars less that what I draw on a widows benefit.

Posted: 
Thursday, May 3, 2018 - 21:59

Can Someone Help Me?

My father passed in June 7, 2016, his SS came in on June 16, 2016. We had already withdrew a portion of it and found out about a month or two later, when we went to withdraw the remaining portion that the the SS department put a hold on his funds. I have written letters and made numerous calls to the SS and the bank. They keep blaming each other. I now went to SS and they swear they cannot put holds and that the bank must release the funds. The bank swears they cannot release the funds until the hold is removed. This is now an almost two year battle. Can someone help me?

Posted: 
Wednesday, May 2, 2018 - 22:39

Can My Friend Switch To Receiving Benefits On A Different Record In Order To Qualify For Medicaid?

I'm power of attorney for a friend in KY who has dementia. I want to move her to Arkansas, but the rural area has only one place for her and she makes $3,000 a year too much to qualify (Medicaid). She is drawing SS on her 1st husband (deceased) who was a doctor. Is it possible to change and have her draw on herself or her 2nd husband (deceased) so that she will then qualify?

Hi,

Posted: 
Saturday, April 28, 2018 - 13:00
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