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Recent Lump Sum questions

I have VA benefits not compensation and receive less that

I have VA benefits not compensation and receive less that poverty line monthly. Can I withdraw in one lump sum any Social Security benefits coming to me without harming my monthly benefits from VA?

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LawTalk

Attorney at Law

Juris Doctor

34,476 satisfied customers
Trying to find my sis benefits. I am now receiving

Trying to find my sis benefits. I am now receiving survivorsJA: These retirement benefits are supposed to help us but they can be so complicated! The Retirement Expert will help you get the most benefits propertly. Please tell me more, so we can help you best.Customer: I am receiving survivors s/s under my husband s/s no***-**-****. I received a letter from s/s to apply on my own s/s no###-##-#### Trying to find out which amount is higherJA: Is there anything else important you think the Retirement Accountant should know?Customer: No

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Juris Doctor

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I'm applying for retirement benefits. I turned 70 in July. I

I'm applying for retirement benefits. I turned 70 in July. I originally applied in April with the intent of starting the retirement benefit in July.JA: These retirement benefits are supposed to help us but they can be so complicated! The Retirement Expert will help you get the most benefits propertly. Please tell me more, so we can help you best.Customer: I pressed return to get a new line. Oops. A Social Security agent called me to confirm the details, and she told me that my wife should start taking her benefits. She advised me to file-and-suspend as of April, so that my wife could start collecting on my record. This got confusing between my wife and me, but I thought we had it in the system. Months went by... Now Social Security is telling us that the file-and-suspend won't work, because it was initiated after the April 29 deadline when the law changed. We have a letter dated June 10 that says she can use April 18 as a filing date. Now we're bing told we can't do that. So I have two questions: 1) Is it true that the law dictates a cutoff of file-and-suspend as of April 29. Would that override the letter that we have? 2) My favorite option now is to change my filing to start benefits and payments as of April. That would let my wife do the same. I understand that changing the start date on my retirement by three months will reduce my payments by 2% forever. Is that correct? Is there something else here that we're missing. Talking to Social Security seems to be very confusing as we get conflicting information. Thank youJA: Is there anything else the retirement accountant should be aware of?Customer: Not that I can think of. Maybe when I see the answer.

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LawTalk

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Juris Doctor

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I RECIEVED a settlement for $50,000.$7,500 went to the

I RECIEVED a settlement for $50,000.$7,500 went to the attorney,$19,190 went to medical expenses.I RECIEVED $23,309..Is my lump sum $23,309??

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Lane

JD, MBA, CFP, CRPS

Doctoral Degree

19,110 satisfied customers
I am currently receiving social security benefits-spousal

I am currently receiving social security benefits-spousal benefits. I receive them via direct deposit during the 4th month week of the month. On October 13 of this month, a deposit of $76.50 was put into my account from Social Security. What was this for? This isn't the amount of my monthly social security benefits nor the correct time of the month. So I am wondering what this deposit is about.

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LawTalk

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Juris Doctor

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My normal amount for SSI is $1735.00 and I received $144.00

My normal amount for SSI is $1735.00 and I received $144.00 this month - WhyJA: These retirement benefits are supposed to help us but they can be so complicated! The Retirement Expert will help you get the most benefits propertly. Please tell me more, so we can help you best.Customer: I made a mistake on my taxes and owed money which I paid in full and the check was cashed on Sept. 6th. so why did I not receive my full amount of money?JA: Is there anything else the Retirement Accountant should be aware of?Customer: Not that I am aware of

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LawTalk

Attorney at Law

Juris Doctor

34,476 satisfied customers
Why did I get a check today for $54.? I receive retirement

Why did I get a check today for $54.?JA: The Retirement Accountant will know how to help. Please tell me more, so we can help you best.Customer: I receive retirement benefits on the 3rd Wednesday of each month. Per my bank, I received a direct deposit today for $54. and I do not know why.JA: These retirement benefits are supposed to help us but they can be so complicated! The Retirement Expert will help you get the most benefits propertly. Is there anything else the Retirement Accountant should be aware of?Customer: Not that I am aware of.

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Juris Doctor

34,476 satisfied customers
Thank you for your prompt assistance. w and my social

Thank you for your prompt assistance. My name is ***** ***** Peterson and my social security number is###-##-#### I live in Greenwood Village , CO 80121 and am 72 years old. I have for several years been receiving approximately $2,157.70 monthly. This October 6 I received a wire for only $261.00 ? Why is this? Thank you. Jerry PetersoJA: The Retirement Accountant will know how to help. Is there anything else the Retirement Accountant should be aware of?Customer: No, Is this only a partial payment?

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Stephanie O Joy, Esq

Managing Lawyer/Advocate

Doctoral Degree

11,710 satisfied customers
I am 66year old a deposit was made to my account for 81.00 i

i am 66year old a deposit was made to my account for 81.00 i am not sure what it forJA: The Retirement Accountant will know how to help. Please tell me more, so we can help you best.Customer: I am Le***** ***** like i said a deposit of 81.00 was deposit in my account could this be that i would get more each month since i am retired and still workingJA: When we are ready I'll take you to the appropriate web page.Customer: readyJA: Is there anything else important you think the Retirement Accountant should know?Customer: no

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LawTalk

Attorney at Law

Juris Doctor

34,476 satisfied customers
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