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Recent Monthly Earnings questions

As it happens I failed to file my taxes for two years more

As it happens I failed to file my taxes for two years more than seven years ago. They both registered for "0" income for both years. A "w2" was submitted for both of those years totaling about $42,000. I am primarily concerned for any penalties that might accrue But additionally I am concerned that I might have jeopardized my retirement benefit for the remainder of my life. Can you reassure me?

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retirementlawyer

Attorney

Doctoral Degree

18,378 satisfied customers
I retired from my job at the City of Oakdale in La. on Jan.

I retired from my job at the City of Oakdale in La. on Jan. 31, 2017. my pension check is $1046.38 a month. My social security is $727.00 and I get a check for $546.20 after deductions. What will I get now that I am getting a pension check?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 know of.

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Stephanie O Joy, Esq

Managing Lawyer/Advocate

Doctoral Degree

12,116 satisfied customers
I currently receive a SS ck for my earnings and one for my

I currently receive a SS ck for my earnings and one for my husband whom I haven't lived with for 20 years. I am also a teacher in Texas and due to my health am having to retire this year. I will only receive about 800.00. Will I lose the social security?JA: The Retirement Accountant will know how to help. Is there anything else the Retirement Accountant should be aware of?Customer: Not that I am aware of.

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Stephanie O Joy, Esq

Managing Lawyer/Advocate

Doctoral Degree

12,116 satisfied customers
My SS started last Oct. Effective Jan 1, 2017 my School

My SS started last Oct. Effective Jan 1, 2017 my School Employees Retirement System of Ohio started. I receive $413.94 monthly from SERS. How do I report this to SS and how will it affect my SS payments?JA: PayPal, Debitcard or credit card are all fine.Customer: I'm sorry, do I sent Social Security the amount I receive from my School Employee Retirement? Can't Soc Sec just adjust my monthly payment?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'm aware of.

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Lane

JD, MBA, CFP, CRPS

Doctoral Degree

21,524 satisfied customers
Although I am eligible for social security benefits, the

Although I am eligible for social security benefits, the benefits will be reduced because I have been an educator for the past 21 years and have not contributed to Social Security. I am wondering what my estimated social security benefit will be based on my earnings record.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 important you think the Retirement Accountant should know?Customer: Where do I find a retirement accountant? Is it someone attached to the Mass Teachers Association?

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lev-tax

Retired

Bachelor's Degree Equivalent

25,380 satisfied customers
I need to find someone who knows about WEP and GPO. I went

I need to find someone who knows about WEP and GPO. I went through the first provision and will probably have face the last one as well. I want to know if I can or better should the SS administration on this?JA: The Retirement Accountant will know how to help. Is there anything else important you think the Retirement Accountant should know?Customer: I just want to know if I should fight SSA about this?

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Stephanie O Joy, Esq

Managing Lawyer/Advocate

Doctoral Degree

12,116 satisfied customers
N I did not remarry, I receive a pension based from my

N I did not remarryJA: The Retirement Accountant will know how to help. Please tell me more, so we can help you best.Customer: I receive a pension based from my employment with the Federal government of the United States. Social Security was not paid. Prior to working at VA and after working at VA, I worked and paid soc security out of my pay. I am divorced (was married 13 years) since 1985, never remarried. I am told I am ineligible to receive spousal benefits because I receive a Fed pension (which will eventually run out). My monthly money from Social security is $320 after the offset. My husband made much more, even if they took 40% from what I was previously told my award ($1290/month), would be more than $320. How is this possible? Is there anything I can do? I'm 66 yrs old.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: I don't think so, but I am worried. My health benefits (medicare included) cost more than this

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Stephanie O Joy, Esq

Managing Lawyer/Advocate

Doctoral Degree

12,116 satisfied customers
I am 67yrs old and collecting social security benefits since

I am 67yrs old and collecting social security benefits since I was 62. But I have a new business started now that is successful . Will my ss benefits increase as I continue to work. If so ,do I have to ask SS to recalculate my benefits or is it done automatically?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: I collect a pension along with another business that I have had for 17yrs. Basically what I'm asking is if my income increases now will my ss benefits increase too.

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Stephanie O Joy, Esq

Managing Lawyer/Advocate

Doctoral Degree

12,116 satisfied customers
I retired from the Army in 2013. I decided to cash in on my

I retired from the Army in 2013. I decided to cash in on my Social Security Payment benefits. When I returned on my last deployment from Iraq in 2011, I was told that I would receive additional social security money because I deployed between 2001 and 2010. When I brought up this issue with the Social Security Office, the clerk confirmed that I would receive more money, but declined to tell me how much more I would get. She just said the additional money was computed in my Social Security benefits.Is the clerk being honest with me? I ask this because she is not giving me any information on how the additional funding is computed in my Social Security benefits.Please advise. Thank you.John Cordero

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Stephanie O Joy, Esq

Managing Lawyer/Advocate

Doctoral Degree

12,116 satisfied customers
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