Social Security

Ask social security questions and get answers ASAP

Ask an Expert,
Get an Answer ASAP!

Have seen some information floating around about new law…

Customer Question
Have seen some information floating...
Have seen some information floating around about new law effective May, 2016 that will affect seniors collecting social security, is there truth to this, and if so what can I do to determine if I may be due more money?
Submitted: 2 years ago.Category: Social Security
Show More
Show Less
Ask Your Own Social Security Question
Answered in 1 minute by:
1/26/2016
Social Security Expert: Christopher B, Esq., Attorney replied 2 years ago
Christopher B, Esq.
Category: Social Security
Satisfied Customers: 4,144
Experience: associate attorney
Verified

My name is***** and I will be helping you with your question today. This is for informational purposes only and does not establish an attorney client relationship.

This changes in the bipartisan act is being hyped in the media but it is only a small loophole that is being closed. It is not a magical lump sum that has to be elected and deals with "file and suspend" spousal benefits and the "restricted benefit". Let me explain, a spouse can only take the spousal benefit if the other spouse has elected to take their benefit. Another requirement is that the spouse must be at least age 62 or have a qualifying child in her/his care. By a qualifying child, social security means a child who is under age 16 or who receives Social Security disability benefits. Currently the law is changing and a "suspend and file" cannot be elected starting on may 1, 2016. In this circumstance at full retirement age (66) one could file and suspend their benefits and continue earning credits until age 70 and their spouse could elect to take the spousal benefit. The spousal benefit can be as much as half of the worker's "primary insurance amount," depending on the spouse's age at retirement. If the spouse begins receiving benefits before "normal (or full) retirement age," the spouse will receive a reduced benefit. However, if a spouse is caring for a qualifying child, the spousal benefit is not reduced. Also the "restricted benefit" is being eliminated. If you turned age 62 be the end of December 31, 2015, you would be grandfathered in and at full retirement age you will still be able to restrict your benefit. This means that if you or your spouse would like to elect to take only the spousal benefit as opposed to your normal retirement benefit, you can restrict your election to ONLY the spousal benefit. This would allow you to collect the 50% spousal benefit while still gaining credits to your normal retirement benefit from ages 66-70 (the credit increases your benefit approximately 8% per year). After the law changes, at full retirement age, you would have to take the higher of the spousal benefit and your retirement benefit. You can no longer choose just the spousal and let your normal retirement benefit grow while still take the spousal benefit.

Please let me know if you have any further questions and please positively rate my answer if satisfied.

Ask Your Own Social Security Question
Was this answer helpful?

How JustAnswer works

step-image
Describe your issueThe assistant will guide you
step-image
Chat 1:1 with a social security expertLicensed Experts are available 24/7
step-image
100% satisfaction guaranteeGet all the answers you need
Ask Christopher B, Esq. Your Own Question
Christopher B, Esq.
Christopher B, Esq.
Christopher B, Esq., Attorney
Category: Social Security
Satisfied Customers: 4,144
4,144 Satisfied Customers
Experience: associate attorney

Christopher B, Esq. is online now

A new question is answered every 9 seconds

How JustAnswer works:

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

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.WMatteson, 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.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, 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.

OrvilleHesperia, 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!!!!

AlexLos 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.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

dylatess

dylatess

ATTORNEY

3,467 satisfied customers

37 plus years of SSD practice

Megan C

Megan C

Certified Public Accountant (CPA)

4,582 satisfied customers

Licensed CPA, CMA, CFE, CGMA M.Accy Also Teach Accounting courses at Master's Level

LawTalk

LawTalk

Attorney

3,071 satisfied customers

I have 30 years of legal and litigation experience, including representing clients before the U.S. Social Security Administration.

R. Klein, EA

R. Klein, EA

Accountant

334 satisfied customers

Tax & Social Security Benefits specialist

Dimitry K., Esq.

Dimitry K., Esq.

Attorney

233 satisfied customers

Licensed in multiple jurisdictions, experienced business attorney.

AttorneyTom

AttorneyTom

Attorney

16 satisfied customers

Attorney

Stephanie O Joy, Esq

Stephanie O Joy, Esq

Soc. Sec. Attorney

3,283 satisfied customers

22+ years legal exp. - 12+ years owning/operating her own SSD Law practice.

< Previous | Next >

Related Social Security Questions
I was born in 1925 and have seen somwhere that I am due to
I was born in 1925 and have seen somwhere that I am due to more? is that true? and is to day the last day to apply?… read more
Dr Arthur Rubin
Dr Arthur Rubin
Doctoral Degree
24 satisfied customers
What program has to be signed up by April 30th that will increase
what program has to be signed up by April 30th that will increase my social security pay out… read more
Dr Arthur Rubin
Dr Arthur Rubin
Doctoral Degree
24 satisfied customers
I just watched a video about social security ending some program
I just watched a video about social security ending some program for seniors on April 30, 2016. Do you know what they could have been talking about?? Of course, at the end of the very long video, they… read more
Phillips Esq.
Phillips Esq.
Attorney
JD
20,492 satisfied customers
I am retired, 84 years old and just learned about a new law
I am retired , 84 years old and just learned about a new law and time element for filing for any changes which might affect me. Please advise if this new law effects me in any way?… read more
LawTalk
LawTalk
Attorney
Juris Doctor
3,071 satisfied customers
I am a retired senior. New social security law takes effect
I am a retired senior. New social security law takes effect on April 30th. How can I find out if I am eligible for extra cash before April 30th. Thank you, Zvonimir Buconjic… read more
LawTalk
LawTalk
Attorney
Juris Doctor
3,071 satisfied customers
How do I collect the $60,000 that is going to end on April
How do I collect the $60,000 that is going to end on April 30,2016 and how do I determine if I am eligible?… read more
LawTalk
LawTalk
Attorney
Juris Doctor
3,071 satisfied customers
I am getting literature on line and in the mail that certain
I am getting literature on line and in the mail that certain Social Security benefits are expiring at the end of April, 2016, that I may be qualified for. There are rules, techniques and strategies th… read more
LawTalk
LawTalk
Attorney
Juris Doctor
3,071 satisfied customers
I am writing to inquire about an article that I read on line
I am writing to inquire about an article that I read on line about married couples being able to receive more money if they apply before the new SS law takes place. Is this true? If it is how does go … read more
LawTalk
LawTalk
Attorney
Juris Doctor
3,071 satisfied customers
My husband is 641/2 and I will be 64 in May. Would we each
My husband is 641/2 and I will be 64 in May. Would we each be able to get a lump sum SS payment? What do you need?… read more
LawTalk
LawTalk
Attorney
Juris Doctor
3,071 satisfied customers
I ant to know what forms/paperwork needs to be filed before
I ant to know what forms/paperwork needs to be filed before the April deadline to protect my wife and mine benefits from being reduced or eliminated I am collecting SS payments now and she has a few y… read more
LawTalk
LawTalk
Attorney
Juris Doctor
3,071 satisfied customers
Where do I get the form[s] to apply benefits born before
Where do I get the form[s] to apply for the benefits for those born before 1969 that has the April 30, 2016 deadline? PLEASE HELP.… read more
LawTalk
LawTalk
Attorney
Juris Doctor
3,071 satisfied customers
Is there a need to apply before April of 2016 because of
Is there a need to apply for ss before April of 2016 because of some new rules coming in April?… read more
Phillips Esq.
Phillips Esq.
Attorney
JD
20,492 satisfied customers
My birthday is 3/24/1953. I haven't worked years and am
Good afternoon, My birthday is ***** I haven't worked for several years and am collecting maximum benefits, at the time I filed, from disability. Would I, and could I, be wise to file for social secur… read more
LawTalk
LawTalk
Attorney
Juris Doctor
3,071 satisfied customers
How may I obtain material/information pertaining to: new HRR
How may I obtain material/information pertaining to: ***** ***** 1314 (Soc. Sec. Law);Banned Social Security Benefits; and SUPERCHARGE YOUR SOCIAL SECURITY. I do not have PC or copying machine, how ca… read more
LawTalk
LawTalk
Attorney
Juris Doctor
3,071 satisfied customers
This new change starting in May this year. Is there any way
This new change starting in May this year. Is there any way to know how it might affect myself? I have worked since age 16 with only 2 years off for having babies. I retired age 62. thanks… read more
LawTalk
LawTalk
Attorney
Juris Doctor
3,071 satisfied customers
Sorry, just wanting to read your question and answers ,
sorry, just wanting to read your question and answers … read more
LawTalk
LawTalk
Attorney
Juris Doctor
3,071 satisfied customers
Do you know anything about (Section 831)The Bipartisan
Do you know anything about (Section 831)The Bipartisan Budget Act of 2105-2016 which will ban social security benefits to seniors by May 1, 2016… read more
Stephanie O Joy, Esq
Stephanie O Joy, Esq
Soc. Sec. Attorney
Doctoral Degree
3,283 satisfied customers
There is a book that states that I can get $60,00. from back
There is a book that states that I can get $60,00. from back pay owed to me, and that I can receive $4, 295.00 each month, for what the irs owes me, I have lived on $400.00 dollars, ip to now. $761. n… read more
LawTalk
LawTalk
Attorney
Juris Doctor
3,071 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x