Social Security

Ask social security questions and get answers ASAP

Ask an Expert,
Get an Answer ASAP!

Please advise what I can do to save my benefits before the…

Customer Question
please advise what I...
please advise what I can do to save my benefits before the may 1, 2016 change being processed by the govt
Submitted: 2 years ago.Category: Social Security
Show More
Show Less
Ask Your Own Social Security Question
Answered in 3 minutes by:
2/10/2016
Social Security Expert: Christopher B, Esq., Attorney replied 2 years ago
Christopher B, Esq.
Category: Social Security
Satisfied Customers: 4,087
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.

The changes made by the bipartisan act that go into effect on May , 2016 are 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
Social Security Expert: Christopher B, Esq., Attorney replied 2 years ago

Just checking back in, did you have any further questions?

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: 4,087
4,087 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 am a retiree from local govt but covered by my deceased
I am a retiree from local govt but covered by my deceased husband who paid into SS. My pension is reduced by the Local Govt Offset. The last two years and now this year, I have received a bill which I… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
How can I save my Social Security benefits from being reduced
How can I save my Social Security benefits from being reduced by the new law that goes into effect on May 1?… read more
Christopher B, Esq.
Christopher B, Esq.
Attorney
Juris Doctor
4,087 satisfied customers
I was born in Apiril 1954. What do I need to know and do about
I was born in Apiril 1954. What do I need to know and do about the Social Security benefit that is ending April 29, 2016?… read more
Christopher B, Esq.
Christopher B, Esq.
Attorney
Juris Doctor
4,087 satisfied customers
There has been much talk on the Internet about a new SS law
There has been much talk on the Internet about a new SS law that will go into effect on April 30 that will cause me to not receive all of my benefits from my Social Security. They say that if I do som… read more
LawTalk
LawTalk
Attorney
Juris Doctor
3,071 satisfied customers
A. ckey sr. Born 1934 Am I to receive more benefits? If so
A. Hickey sr. Born 1934 Am I to receive more benefits? If so how do I apply? … 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
I WAS BORN IN 1945 I UNDERSTAND THAT TO MORE BENEFITS, CAN
I WAS BORN IN 1945 I UNDERSTAND THAT I AM ENTITLED TO MORE BENEFITS, CAN YOU TELL ME HOW I CAN MAKE THIS HAPPEN? … read more
Christopher B, Esq.
Christopher B, Esq.
Attorney
Juris Doctor
4,087 satisfied customers
How do i put my name on the list so as to be grandfathered
How do i put my name on the list so as to be grandfathered in? I was born in 1937. … read more
Christopher B, Esq.
Christopher B, Esq.
Attorney
Juris Doctor
4,087 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
What is the new ss law coming may 2016? How is it going to
What is the new ss law coming may 2016? How is it going to affect my ss? There is a site that is saying ss will pay for Grandchildren's college. Is this correct? Also I could get $1,360.00 or so, extr… read more
Christopher B, Esq.
Christopher B, Esq.
Attorney
Juris Doctor
4,087 satisfied customers
Mariano alaniz is there anything I can do to save my social
Hi mariano alaniz is there anything I can do to save my social security retirement benefits … read more
Christopher B, Esq.
Christopher B, Esq.
Attorney
Juris Doctor
4,087 satisfied customers
I read that I may be eligible under the new law to get
I read that I may be eligible under the new b law to get additional or increased social security benefits. My wife and I are currently drawing social security. We both are 85. Please advise what I nee… read more
LawTalk
LawTalk
Attorney
Juris Doctor
3,071 satisfied customers
Saw an article about benefits change in April 2016 ,
saw an article about benefits change in April 2016 … read more
Christopher B, Esq.
Christopher B, Esq.
Attorney
Juris Doctor
4,087 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
Will my monthly benefits check be reduced on may 1, 2016 and
will my monthly benefits check be reduced on may 1, 2016 and thereafter? what rules are being eliminated?… read more
Christopher B, Esq.
Christopher B, Esq.
Attorney
Juris Doctor
4,087 satisfied customers
Information on banned social security benefits. What is the
Customer: Information on banned social security benefits. What is the six words for ssa clerk. What forms to use, how do you claim banned benefits. … read more
Christopher B, Esq.
Christopher B, Esq.
Attorney
Juris Doctor
4,087 satisfied customers
62 yrs old trying to figure out if I should sign up now or
Customer: ***** ***** 62 yrs old trying to figure out if I should sign up for ss now or wait … read more
Christopher B, Esq.
Christopher B, Esq.
Attorney
Juris Doctor
4,087 satisfied customers
April , the six words that are needed to be given to a
the six words that are needed to be given to a ss clerk that will start the process of increasing our ss benefits by $1,329/month … read more
Christopher B, Esq.
Christopher B, Esq.
Attorney
Juris Doctor
4,087 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