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  2. Devin, I began receiving SS Survivor benefit at 60. Does survivor benefits end and automatically revert to my SS benefits when I get to my FRA? Or will I have the choice of waiting until 70? I just checked my SS statement and it states I have no benefits because of survivor benefits. I just need clarification, please.
  3. Hi Devin, Recently I found out that I am a beneficiary of my recently-deceased grandmother's life insurance policy. ($25,000 total, split between 5 people, so I will receive $5,000.) I receive SSI (not SSDI) as I have been disabled from birth with comprehensive congenital heart disease and just recently had another major surgery (I'm 25). My father and I live on my SSI and his small seasonal income; we use my SSI to pay our mortgage every month -- it's actually about the same amount as our house payment, so all of that money goes directly to the mortgage. I just want to know: when this policy comes my way, will it affect my SSI payments? My dad does not have medical or dental insurance and I was hoping to use this money to pay for his much-needed dental work. I don't know if it makes any difference in the eyes of the Social Security Administration, but I do plan to use it for something medically necessary. I have heard that I should spend the money quickly without letting them know, but I'm dubious because I do not want to mistakenly do something illegal that would cost me my SSI. If they cut back my SSI, it's like I never even received an inheritance, and my dad (60 years old with diabetes) will not be able to get the dental work he so badly needs. If you would be so kind as to advise me on what to do, I would greatly appreciate it! Thanks so much for your time, Maddie
  4. Are there any restrictions on when I can stop receiving SS spousal benefits and file a claim for my own SS benefits?
  5. I am "retired" and receiving my SS payments. My wife is a retired Teacher here in Texas. She tells me that if I per-decease her she is NOT eligible to receive ANY surviving spouse benefit? Is this correct?
  6. My spouse is older than I and started to draw her benefit based on her work history at age 62. This is smaller than her expected spousal benefit. When I take my benefit at full retirement age of 67 and she applies for spousal benefit shortly thereafter, will her benefit be 50% or a reduced amount because she took her own benefit before her full retirement age?
  7. I am very similar to the display on the website. My spouse died seven years ago was 15 years older than me and he was receiving social security and still working six months before he died. I was a teacher, continued working and since retired at 65. I worked for about 10 years in the social security system and taught for 25 years in one of the 15 states that hates teachers. I will be 66 this year. My husband was born in 1941. Am I subject to the WEP and the GPO? How do we know the rules, how to apply etc. I have been into social security for my medicare and the agents but in erroneous information etc. I finally got my medicare but I still do not receive anything from my late husband? Should I wait until 66?
  8. I wonder the same thing. I use financial planning software. I am 60 years old. My last statement shows I would receive $2433 a month at FRA(66yr 10 mos). I plan to stop working at 62 but to delay collecting until FRA. When I look at the reports that look into the future, when I start collecting at FRA the amount is close to $3,000. I assume the program is calculating correctly but I hope Devon weighs in and clarifies this.
  9. Bill Girone

    Survivor Benefits

    My father passed away September 9, 2018. The funeral home notified the SSA. My mother has still not received survivor benefits. Is this normal? Will she receive all the monies due since his death? Thank you. Bill Girone
  10. marcfeiner

    50% Spousal benefit

    My wife gets less than 50% of my SS benefit How can one successfully appeal there decision?
  11. Hi, Devin. Thank you so much for your channel. I have literally looked for weeks for the answer to this question, and I have found nothing. Everything I see pertains to WEP and GPO. I get that. So, here is my question. My wife and I are in Texas. I'm 68, working, and not currently collecting SS benefits. My wife is currently working for Head Start (19 years) and is paying into TRS. She also has 40 quarters of paying into SS. My wife turns 66 in August of 2019 with no immediate plans to retire. If I start receiving my SS benefits, can she begin receiving spousal benefits, until she retires and begins receiving her TRS retirement? I understand at her retirement WEP and GPO will raise their ugly heads. Thanks for your time. Ben S
  12. mpp7mcgarry

    Younger Spouse Strategy

    Devin, my case is slightly different. I was born in 52 and my non working wife in 54. My FRA amount from last year was $2,753*. I wanted to wait until 70 to claim but wife's stops at 66, so my 8% a year increase drops to 5.33% when combined. This looks less attractive though there is still a benefit that my wife with a better family history will outlive me and claim my high age 70 amount when I pass. I watched your video and think this is correct. * not sure how I can check this FRA amount my statement balance changed before and after April 2018 Thanks Mike
  13. Deb Kay

    Gov offset Pen

    I have a similar issue... I am a 61 year old widow receiving both SS survivor benefits (from my ex husband) and TRS (teacher retirement) benefits from my late husband, which surprisingly SS does not consider a retirement income, it is a death benefit. I worked in the private sector for about 30 years but not enough quarters of "substantial" contributions because of the years I was a single mom. I have 13 years TRS service as a teacher assistant. At 65 that would only be about $431 annuity/retirement and because of the windfall legislation, it would trigger a reduction of my SS by over $300. If I rollover my TRS contributions into my 403b rather that stay in for the puny retirement, will I still get the SS windfall retirement hit or just the taxes when I take withdrawals from the 403b?
  14. Phillip

    Self-employed

    I am 65. FRA is 66. I am a self-employed owner operator truck driver. Could I draw my SS now, while still working full time, as long as I keep my net earnings at or below the allowed amount of $46,920. Are there any restrictions on the # of hours I can work each month?
  15. I turn 66 this year and believe I can take my own benefit (20 years substantial earnings) or half of my older spouses (file and suspend my own.) The problem is I worked for a school system that didn't withold SS taxes and had a lump sum in my alternate retirement account. I am taking a 10 year payout annuity from TIAA (4 payments in so far). At the end of this period will my GPO penalties go away? Will they calculate GPO based on the lump sum or my annual payout which will go away in 6 years? I am afraid I will have an appointment with someone who doesn't know how to handle this so what references should I have on hand? If I can get rid of the penalty, how do I do it in 6 years or will they automatically get rid of it? HELP!!!! Thank you - can't find out much info on this situation online.
  16. My husband is considering taking his SS at 62, our biggest question is whether his health insurance premiums paid as a payroll deduction pre-tax.... would that income be considered part of the income limits for the year. Thank you.
  17. Devin Carroll

    Gov offset Pen

    Dorie...the 'last 60 month rule' will allow you to qualify for BOTH a survivors benefit and your teacher's pension. It's very important to do this correctly! The last 60 months must be spent at an employer who contributes to both social security and the LA teacher's pension. Additionally, you cannot mix employment! If you work even one day at an employer who is does not pay into social security you will undo all of your effort. Check this article out for more information. https://socialsecurityintelligence.com/the-government-pension-offset/. Also, check out the SSA piece on the last 60 month rule. https://secure.ssa.gov/poms.nsf/lnx/0202608107
  18. I am a female, 53 years old. I have been married twice, both over 10 years but neither of them are of retirement age. Any chance I can draw 50% of their Social Security and stead of my lower amount? Also, if and when I can, does that reduce their benefit?
  19. I don't think you have to file for Medicare in order for her to file. Check out the following language from medicare.com "If you’re married and haven’t worked in a paying job: If your spouse is at least 62 years old, and has worked at least 10 years paying Medicare taxes, you can enroll in Medicare when you turn 65, including premium-free Part A. If your spouse is younger than 62 when you turn 65, you won’t qualify for premium-free Part A until your spouse turns 62 (if your spouse has worked and paid Medicare taxes for at least 10 years)." Find the full version at https://medicare.com/original-medicare/im-getting-married-need-medicare/
  20. Devin Carroll

    survivor benefits

    Short answer...yes you can. However, the SSA will often dispense advice in this area that is not correct. Watch these videos to make sense of the rules and keep you protected when it comes time to file.
  21. Devin Carroll

    Copy of your free publication

    Yes you can. Unfortunately, the SSA often will misadvise individuals about this. Check out these videos I made recently on Social Security survivor benefits. https://www.youtube.com/playlist?list=PLKl2hxYLLF9E_edTXVWZJOM-O0sTM_bQW
  22. Devin Carroll

    survivor benefits

    Yes...you can delay filing for survivor benefits if your spouse dies before your FRA. If you file for your own, you do not have to automatically switch to survivor benefits. Important to note, the SSA has a system for searching for the highest payments and you could be automatically switched. If your spouse dies, carefully watch your benefit amount for increases and get it stopped as quickly as possible if you see an increase.
  23. Devin Carroll

    Spousal Benefit when Husband On SSDI

    This is certainly a multi-part question that requires a much more thorough analysis before a good question can be found. Here are a couple of places I would start. First, find out what benefit you could get as a 'child-in-care' benefit. This is typically 50% of the higher earning spouse's benefit. In this case, the family benefit maximum would limit the amount that was paid to a lower number. Second, if you truly believe the life expectancy of your spouse is shortened, filing early for your own benefit could make sense. If your spouse dies, you'd be eligible for a slightly higher benefit from his record. Keep in mind that the earnings limit will apply if you file early. Here are a few resources:
  24. Devin Carroll

    Spousal Benefits While on SSDI?

    She can't receive both. Is the spousal benefit more than her disability benefit?
  25. Devin Carroll

    Too late for spousal benefit?

    Hi Tom...your wife's benefit can be up to 50% of your full retirement age benefit, but since she filed early, the portion of benefit from her own work history was reduced. Here's a video that explains a scenario in which an individual became entitled to their own and spousal benefits at separate times.
  26. Those overpayment notices can be almost impossible to decipher. First, I'd get someone to explain exactly what months are being withheld. Then, once that makes sense, I'd ask the SSA for a payment plan that will satisfy the SSA but also give you a monthly benefit.
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