Railroad Retirement & Social Security

Can I Collect My Social Security If I Receive A Railroad Pension Based On My Husband's Employment?

I was never a railroad employee but I receive a railroad pension through my husband's employment. Can I also collect on my paid in social security?

Hi,

You couldn't receive both benefits in full. If you file for Social Security benefits your tier 1 Railroad (RR) benefits would be offset dollar for dollar by the amount of your Social Security. However, your Social Security benefits would not reduce the amount of any tier 2 RR benefits for which you qualify.

Is There Any Reason Why My Husband Wouldn't Want To Start Drawing His Social Security Now?

My husband has worked for the Railroad since 2004. He is now 66 and plans to work a couple more years. He was told that he can actually collect Social Security now and once he retires the amount per month will be deducted dollar for dollar from his Tier 1. We are not sure if this is a smart move and are wondering if there is a tax liability difference between SS and Railroad Tier 1? Is there any reason that you can advise us on that would prohibit him from taking this now? Thanks!

Hi,

Will My Sister Be Able To Collect Her Social Security And Her Husband's Railroad Benefits?

My sisters husband worked for the railroad. He passed a couple years ago but my sister was too young to get his benefits. She is now 100% disabled. She has worked and paid into SS for over 30 years. Will she be able to collect her SS and his benefits?
Thank you

Hi,

Will It Affect My Future Railroad Benefit Rate If I Request Back Pay From Social Security?

At the age of 66, I filed and suspended with SS in 2016 so that my wife could receive spousal benefits when she turned 66 in November of 2017. I worked for the railroad for 17 years but left in 1995. Since then I have worked outside of the railroad industry and currently I am employed full time. In August of this year I plan on retiring and recently contacted SS to start receiving SS benefits. Since I am 68 I will be receiving an additional amount due to the delayed retirement credits. My question is this: If I request back payment for SS to the date I filed and suspended (i.e.

Can My Wife Draw Her Social Security If It's Higher Than Her Railroad Spousal Benefit?

my wife draws half off my railroad retirement, now her social security would be more then that, can she now draw on herself

Hi,

Yes. If that's the case, though, she may be better off waiting until age 70 to file. Her Social Security retirement benefit rate would continue to grow by up to 8% per year until she reaches age 70 if she waits until then to start drawing.

Best, Jerry

Can My Wife Draw Her Social Security If It's Higher Than Her Railroad Spousal Benefit?

my wife draws half off my railroad retirement, now her social security would be more then that, can she now draw on herself

Hi,

Yes. If that's the case, though, she may be better off waiting until age 70 to file. Her Social Security retirement benefit rate would continue to grow by up to 8% per year until she reaches age 70 if she waits until then to start drawing.

Best, Jerry

Why Do I Lose My Social Security Amount If I Receive RR Benefits?

WHY do I lose my Social Security Benefit amount if I receive RR benefits. What is the rational behind taking my legally earned retirement amount? I know RR benefits will be reduced dollar for dollar, but WHY? Will it do any good to hire a lawyer? or is that just more money down the drain? Thank you, Marie

Hi Marie,