Neither STRS nor Social Security can give me WEP info for planning. What about teachers who also worked through school and tutor, for example through WyzAnt 1099 on the side, worked in private summer schools, and after teacher retirement (after teaching 30 years) work years contributing to ss. Is it better to have consecutive years for SS ( not claim and write off 1099)? After 30 years of teaching what is the max they can deduct? How can I maximize SS as I work for myself and otside teaching until I'm 66 and 2 months or whatever it is?. Nobody seems to have specialized info.
Non-Covered Pension - WEP / GPO
My husband is receiving Federal Civil Service Retirement pension. We applied for and he was granted spousal benefits based on my Social Security earnings beginning Nov 2014. We knew he was not eligible for his own SS benefits due to the Windfall Elimination Provision. We are currently living out of the country and suddenly his benefit has been stopped stating he is not eligible due the this provision. We disclosed his status when applying and were told he was still eligible for spousal benefits. Can you explain the decision based on this information.
I am retiring from my County job (not paying SSI) where I have a defined contribution savings with County matching 10% of my contributions. I also have over 10 years of employment where I paid SSI. It looks like my defined contribution savings will reduce my SS benefits due to WEP. If I roll over just my contributions from the savings into a regular IRA before having the County convert the remainder into an annuity "pension" will this reduce the SSA WEP deductions from my benefit? Or will SSA just figure my IRA rollover is a lump sum pension and reduce my benefit more?
Both my husband and I are retired civil service. My husband has been on SS for about 4yrs. I will be 65 in Mar of this yr. 2017 and am not on SS. Can I claim SS under my husband next Mar 2018 when I am 66yrs and then claim my own SS at age 70 in 2022? Or claim my own SS at age 66 and half my husband's at age 70? Do you have info for me to read when both of spouses are retired civil service in order for me to make the best choice of how and when to take SS benefits?
My wife worked for a school system in Texas (TRS) and has retired. She paid very little into Social Security in her life - mostly as part time work and never reached 40 credits. She was previously married for 35 years. It appears she is not eligible for spousal benefits on her previous husband. Is she eligible for a portion of mine? We have been married for 3 1/2 years. I am 70 and have been receiving benefits since 62. She is now 65.
* In 2015, at 66 (FRA) I filed a restricted application for SS, opting for a small spousal benefit on my current spouse's record, and deferring my own benefits till I'm 70.
* I've received a small Belgian SS pension since 2014 (age 65), ranging from $375 to $410 a month depending on the exchange rate. (10 years of work in Belgium with mandatory SS contributions, followed by 14 in the US with mandatory SS contributions -- leaving me with sufficient credits in both countries so that the totalization agreement with Belgium does not apply to me or make the WEP moot.)
In 2015 & 2016 Substantial Earnings in regards to WEP was $22,050. Has SS issued the amount for 2017? I cant find any reference to the 2017 minimum earnings. I want to know how much I need to earn in 2017 for another year mitigating the effects of WEP. Thanks
Lived in U.S. for approx 15 years paying SS Tax and worked in U.K. for approx. 4 years paying U.K. Retirement taxes. The rest of the time lived in England and received Disability Benefits. While receiving Disability in England, English Government credited contributions to U.K pension. but I made no contributions. Where do I stand with respect withholding . If withholding applies, which pension would be reduced? Thanks.
If I collect my Social Security benefit and am not yet collecting my benefit from my employer, who did not deduct Social Security taxes, and I have 30 years of substantial earnings does my Social Security benefit reduce by the Windfall provision?
My husband passed away 2 months ago at age 64. I am still working at age 65 and paying into SERS .I used to pay into social security for about 20 years but after changing career paths I no longer pay into social security. My question is, can I collect my husbands social security now and keep working and paying into my SERS? I'm working because of my medical coverage but it would help to have his social security since he has passed and I no longer have his income to pay bills. I hope this makes sense I would greatly appreciate your answers.