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Recent social security questions

I was born in 1951 so I have been grandfathered in to the

I was born in 1951 so I have been grandfathered in to the "spouse then worker" benefit which is now considered a loophole. My husband is at full retirement age (66) and is taking his benefits now. His benefits are not reduced even though he continues to work. When I turn 66 I would like to take half of his benefit instead of my own so that my benefits can continue to increase until I am 70. I understand that I am allowed to do this. However, here is my question. I plan to continue working when I am 66 and take the spousal benefit. Will my spousal benefit be reduced because I am working?

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emc011075

Tax advisor and Enrolled Agent

Bachelor's Degree

 
3,564 satisfied customers
I recently had to get an official copy of my birth

I recently had to get an official copy of my birth certificate and have identified that for all my life I have had the wrong birth year. The year should be 1956, however everything I have which requires a birth date indicates 1955. Social security, DMV, employment, IRAs etc, where do I start with correcting this error.

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Phillips Esq.

Attorney

Juris Doctor

 
16,574 satisfied customers
Im three months away from my 66th birthday im married with

im three months away from my 66th birthday im married with my partner for eight yearswe have been together for thirty six years i want to keep working until im 70 years oldi dont know how to proceed?

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LawTalk

Attorney at Law

Juris Doctor

 
31,112 satisfied customers
My wife, DOB 11/15/49, has been receiving her SS benefits

My wife, DOB 11/15/49, has been receiving her SS benefits since she turned 62. My DOB is 6/15/52, and I am still working, and plan to keep working, until age 68.My question is, when will my wife be entitled to receive my spousal benefit, which based on my work record, will be greater than what she receives currently via her work record?thank you.

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Lane

JD, MBA, CFP, CRPS

Doctoral Degree

 
16,384 satisfied customers
Mother dies March 2, 2016. SS check issued March 3rd.

mother dies March 2, 2016. SS check issued March 3rd. Funeral home notified SS immediately. Just settled mothers estate. Waited to close mothers bank account until all bills were paid. Went to close bank account and disperse left over money to surviving siblings as the lawyer said to. Bank froze account and stated we are commiting fraud since SS check deposited the day after her death was not returned to SS. Called SS dept who said everything was fine and do not know what bank manager is saying. Manager refuses to release money. What do I do?? I live in Ohio.

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DanielleCPA

Certified Public Accountant

Bachelor's Degree

 
944 satisfied customers
My dad turns 95 in August. He receives approximately $3,000

my dad turns 95 in August. He receives approximately $3,000 each month in social security. Is there any way to increase this amount? I keep thinking the system should pay him more now while he is alive and still able to enjoy it. I know that's probably just wishful thinking. What do you say?

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LawTalk

Attorney at Law

Juris Doctor

 
31,112 satisfied customers
I am 10 months into a chapter 13 bankruptcy, what happens if

I am 10 months into a chapter 13 bankruptcy, what happens if I continue to work when I am 66 but also file for social security benefits? Will my plan payment increase? I currently pay 1k per month to the court.

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PDtax

Owner

Master's Degree

 
6,684 satisfied customers
I waited until age 70 to collect Social Security benefits,

I waited until age 70 to collect Social Security benefits, thus getting an extra 32% over my FRA amount I would have received at age 66. My spouse turns 66 in 2 months and eligible for her own social security based on her employment record. My SS benefit is considerable higher than hers.I just found out I have a terminal health condition. I know she can opt to receive my social security after I pass but here is my question: Will she receive the amount I am receiving at age 70 or does she only receive the FRA amount I would have received at full retirement age of 66? It's about $900/month difference.

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Lane

JD, MBA, CFP, CRPS

Doctoral Degree

 
16,384 satisfied customers
Thank you response, my other questions is according to SS

Thank you for your response, my other questions is according to SS officer I will not reach 40 poin when I reach 70 so what if I still work and wait before I claim my benefit?

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Stephanie O Joy, Esq

Managing Lawyer/Advocate

Doctoral Degree

 
11,472 satisfied customers
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