How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Ask Megan C Your Own Question

Megan C
Megan C, Certified Public Accountant (CPA)
Category: Social Security
Satisfied Customers: 12654
Experience:  Licensed CPA, CMA, CFE, CGMA M.Accy Also Teach Accounting courses at Master's Level
Type Your Social Security Question Here...
Megan C is online now
A new question is answered every 9 seconds

Hello. I just read a bit about FAASF on this site. Re: http://www.justanswer.com/social-se

Resolved Question:

Hello. I just read a bit about FAASF on this site. Re: http://www.justanswer.com/social-security/7wg8e-faasf-does-work.html

My situation is as follows. I am unemployed, male, 60 y.o. My wife is 63 employed as a teacher's aide in a Texas school district in the Houston, TX area (CFISD). She has never held a job here that took out Social Security tax. She falls under the Texas Teachers Retirement administration. She is a polio survivor and needs and uses crutches or electric or manual wheelchair for mobility. I have about 36 years of employment history during which Social Security tax was taken out of my checks.
My question is would it be advisable for her to file for ss benefits as FAASF while she is still employed? She would not receive any ss benefits on her own retirement as I understand it. Also, if she may qualify, will she only receive these ss benefits until she is 70? How and will this affect my ss benefits when I apply for mine?

Thank you for your time and reply.

Mike atXXX@XXXXXX.XXX
Submitted: 10 months ago.
Category: Social Security
Expert:  Megan C replied 10 months ago.

Megan C :

I realize you have a question about social security. My goal is to provide you with excellent service, and help you better understand your options.

Megan C :

How are you today?

Megan C :

Your wife cannot FAASF until you file for your own benefit. So, you would need to be collecting your benefit in order for her to get one off your record.

Megan C :

She would qualify for the spousal benefit off your record, and she would be eligible to collect that for the rest of her life. However, when she retires from the school the benefit she receives off your record would be reduced by 2/3 of her teacher's pension amount.

Megan C :

If 2/3 of her pension is greater than your benefit, she would draw nothing.

Megan C :

If she does draw a benefit off your record, that would have absolutely no impact on what you would be able to draw yourself.

Customer:

That is confusing to me. I thought FAASF means file as a spouse first. Because there are two spouses to a couple I assumed she would be the spouse, not myself, since I am the one who has the ss benefits.

Megan C :

Yes, FAASF means that you draw a spousal benefit before drawing your own benefit

Customer:

So you are saying I file first. Then she files next, otherwise she won't be able to draw at all?

Megan C :

That's correct. She can't file until you file for your benefit.

Customer:

It sounds as if she then draws before I do. When can I draw and will that negate her continuing to draw and is there a limit as to how long or the amount she may draw from my benefits?

Megan C :

She can draw her own benefit whenever she wants, but she cannot draw a spousal benefit unless you are also receiving your benefit. She would get 50% of your benefit, but it would be reduced by her teacher's pension. Most of the time, those who retire from the teacher's system will actually not get a social security benefity

Megan C :

You cannot draw until you are 62.

Megan C :

She can also draw for the rest of her life, if her teacher's pension does not make it such that she receives no spousal benefit

Customer:

So she can possibly draw more from soc sec than from teacher's retirement?

Megan C :

No, probably not

Megan C :

She will draw more from teacher's retirement.

Customer:

She has only worked for less than 20 yrs putting in to teachers retirement. She doesn't have much in there. Possibly 20k.

Megan C :

Okay if she doesn't have much, then she will only have a minimal reduction in the social security benefit

Customer:

Is her draw from social security based on how much is in her teachers retirement account?

Megan C :

No, it's based on how much you earned during your career

Customer:

So are soc sec benefits set up that I can never draw more than I've put in? for both or each of us?

Megan C :

No, there's no limit. They calculate a benefit and you draw that benefit for the rest of your life

Megan C :

You don't have an account with money in it.

Megan C :

So, you draw your benefit and she draws half of it and you do that for the rest of your lif

Megan C :

e

Megan C :

You will most definitely draw more than you put in.

Megan C :

and that's okay

Customer:

ok by me too.

Megan C :

Yes, by you too

Customer:

So in summary, I file. Then she files. I draw and she draws after I file at 62. Is this accurate?

Megan C :

Yes, that is correct

Customer:

I draw full benefits. She draws half of my benefits.

Megan C :

Yes, that is correct

Customer:

What if one of us dies before the other? What happens then?

Megan C :

Well, if she dies then nothing changes for you. You still receive your benefit, but her benefit goes away.

Megan C :

If you die, then she starts to get your full benefit instead of the half benefit

Customer:

Ok. Now Megan are you sure 100% sure of all you have told me? Might these answers change within two years? You know how the government likes to tamper with things.

Megan C :

Yes, I am positive on all the things that I have told you. I do not anticipate any major changes in the next couple of years, because things have been this way for a long time.

Customer:

Thank you Megan for your help. No offense but I was under the impression when I posted my question originally that I would be answered by a certain lawyer that it said was available to answer my question. That seemed to be misleading when you arrived to answer my question. However, I do thank you for you time and patience with me. I do not hold anything against you as you stand by your responses, just to be clear. Have a great day and thanks again.

Megan C :

You too. If you would, please rate my response as "excellent" as that is how I receive credit for assisting you today

Customer:

Ok. Have a great day.

Megan C :

You too!

Megan C :

The rating feature is located at the bottom of your screen

Megan C, Certified Public Accountant (CPA)
Category: Social Security
Satisfied Customers: 12654
Experience: Licensed CPA, CMA, CFE, CGMA M.Accy Also Teach Accounting courses at Master's Level
Megan C and 3 other Social Security Specialists are ready to help you
Expert:  Megan C replied 10 months ago.
Thanks, Mike for your positive rating. Please come back and visit me any time you have a question that needs answered. It was a pleasure working with you today.

In a couple of days you may receive a short survey. Your positive feedback on that survey would be greatly appreciated, as it will assist with rankings on the site. Thanks again for being a valued JustAnswer.com customer.

JustAnswer in the News:

 
 
 
Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.
 
 
 

What Customers are Saying:

 
 
 
  • I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response... T.G.W Matteson, IL
< Last | Next >
  • I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response... T.G.W Matteson, IL
  • I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight. Bonnie Chesnee, SC
  • Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation. John Minneapolis, MN
  • Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with. Orville Hesperia, California
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C. Freshfield, Liverpool, UK
  • This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!! Alex Los Angeles, CA
  • Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult. GP Hesperia, CA
 
 
 

Meet The Experts:

 
 
 
  • dylatess

    ATTORNEY

    Satisfied Customers:

    3086
    35 plus years of SSD practice
< Last | Next >
  • http://ww2.justanswer.com/uploads/DY/Dylatess/2012-9-11_1968_BHBTemplePhoto.64x64.jpg dylatess's Avatar

    dylatess

    ATTORNEY

    Satisfied Customers:

    3086
    35 plus years of SSD practice
  • http://ww2.justanswer.com/uploads/MY/MyVirtualCPA/2012-7-5_44024_cookmegan1.64x64.jpg Megan C's Avatar

    Megan C

    Certified Public Accountant (CPA)

    Satisfied Customers:

    3247
    Licensed CPA, CMA, CFE M.Accy Also Teach Accounting courses at Master's Level
  • http://ww2.justanswer.com/uploads/LA/LawTalk/2012-6-6_17379_LawTalk.64x64.JPG LawTalk's Avatar

    LawTalk

    Attorney

    Satisfied Customers:

    1138
    I have 30 years of legal and litigation experience, including representing clients before the U.S. Social Security Administration.
  • http://ww2.justanswer.com/uploads/FA/fastfile/2011-12-15_23139_Klein2011small.64x64.jpg R. Klein, EA's Avatar

    R. Klein, EA

    Accountant

    Satisfied Customers:

    254
    Tax matters relating to Social Security Benefits only
  • http://ww2.justanswer.com/uploads/dkaplun/2009-05-17_173121_headshot_1_2.jpg Dimitry K., Esq.'s Avatar

    Dimitry K., Esq.

    Attorney

    Satisfied Customers:

    188
    Licensed in multiple jurisdictions, experienced business attorney.
  • http://ww2.justanswer.com/uploads/FL/FLAandNYLawyer/2012-1-27_14349_3Fotolia25855429M.64x64.jpg FiveStarLaw's Avatar

    FiveStarLaw

    Attorney

    Satisfied Customers:

    137
    25 years of experience helping people like you.
  • http://ww2.justanswer.com/uploads/CU/Cuttinggirl/2011-10-29_03719_wcrop2.64x64.jpg Wendy Reed's Avatar

    Wendy Reed

    Enrolled Agent

    Satisfied Customers:

    83
    15+ years assisting tax clients with taxation and eligibility of Social Security Benefits.