German citizen spouse is receiving US spousal social security benefits based on my record (~$1400). She will be entitled to German Social Security in November of 2019 (~$550). She never worked in the US. I understand from your previous answers that Government Pension Offset (GPO) does not apply to foreign pensions. GN 02608.400 B also states that GPO does not apply to social security benefits.
Non-Covered Pension - WEP / GPO
How does a 10 year transfer payout annuity in lieu of a lump sum affect GPO and WEP? (Educator in Louisiana). Do the penalties go away at the end of the 10 year period? Also, is the initial lump sum estimated from the day you quit working, the day you are eligible to draw a pension, or the day you actually start withdrawals? I bought your software a few years ago but couldn't get it to match these questions. Thanks!
Hi Larry...my Social Security will ultimately be subject to WEP...When I get my yearly estimate of benefits in the mail, do they take into account WEP?
Context: I am a Canadian citizen who twelve years ago, I moved to the USA and married a US citizen. I have just started to receive a spousal pension under Social Security. I am also now eligible to apply for my Canadian pension, having paid into the Canada Pension Plan my whole whole working life.
Question: If I start to collect my Canadian pension, will US Social Security deduct the amount of my earned Canadian pension payment from my spousal Social Security payment?
Am I an exception to the Windfall Elimination Provision? I am a clergy person who began my career in June 1984. At that time I exempted myself from Social Security by filing form 4361 with the IRS. I have worked for religious non-profits much of my career but have also had jobs which withheld social security taxes. The Social Security Administration has a two-page flyer that says in part, "The Windfall Elimination Provision doesn't apply if: ...
I am a Federal retiree who also worked in private industry. I receive both a Federal Pension and Social Security.
In the latest issue of the AARP Bulletin, Jane Bryant Quinn states that your Social Security can't be less than
half of your Pension (see page 31 of the bulletin). My Social Security is 29% of my pension - do I have a
grievance since it is less than 50%?
My husband Social Security Benefit at 70 years old is about $3800, mine is $1000.
My pension from CalSTRS is about $525 a month.
We are divorcing.
Question: If I accept his social security do I still have to pay Windfall elimination to the Social Security? How much would it be?
I am a retired police officer and my city and I paid no SS taxes. I have 25 years paying into SS in other jobs. My wife has only 32 quarters, thus she draws from my SS, which is obviously reduced because of WEP. If I die first, her SS should increase, but will they continue to penalize her because of my CALPERS Pension, for which she will be entitled to 50%? Thanks!
Larry, I just turned 62. My adult life was spent working as a police officer. For 18 years I worked for a county that paid into SS. The county also contributed to the State of Idaho public employees retirement fund. For 16 years I worked for a city that contributed to a 457 fund instead of SS. I have a lump sum valuation from this 457 fund. I do not receive monthly payments. I also voluntarily contributed a substantial amount of money to this fund.
How do I find the best way to receive SS and my unprotected teacher retirement? I am about to turn 66 and I work full time paying SS at my current job.