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Tag Archives for " Security "

SURPRISE! DIVORCED SPOUSES CAN GET SOCIAL SECURITY BENEFITS

Many Women believe they are not entitled to Social Security if they are divorced. The truth is you can get Social Security on your ex-spouse’s record under certain circumstances even if you are divorced. There are two U.S. Social Security benefits you may be entitled to—spousal support and survivor benefits. If you qualify and your […]

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Social Security: How is it Calculated?

Social Security:  How is it Calculated? As you approach retirement, you’ll want to know what your future Social security payment will be. As I talk to readers, I find there is confusion about how benefits are calculated. Some think it is based on your last five or ten years of work and that taking a […]

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The Painful Truth About Working While Collecting Social Security

Can you work and collect Social Security? The simple answer is yes you can, but you may not want to. There are two reasons to wait to apply for benefits if you plan to continue to work—penalties and taxes. Your age and how much you expect to earn will help you decide. Your Age If […]

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Social Security Bulk Payment-Rule Change

Social Security Bulk Payment-Rule Change What does it mean to you? Social Security currently has a rule that if you file for benefits at your Full Retirement Age (FRA) and then suspend your payments you can request payment IN BULK for any months you missed. If for example at FRA you are to receive $2,000 […]

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Social Security-SSA, SSI, DI-What’s the Difference?

Questions about government agencies? You are not alone! Trying to make sense of the different government programs available to retirees can be challenging.  In this article we look at what each one covers and the requirements to qualify. SSA or the Social Security Administration is a U.S. government agency that provides income to retirees, survivors, […]

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Government Pension Offset–Social Security Common Question #5

What Is The Government Pension Offset? Will I Lose My Social Security Benefit? Caller #5-Marge-Why don’t people say anything about the WEP (Windfall Elimination Provision) and the GPO (Government Pension Offset) for Social Security? Answer-The show has talked about these, but it’s a good time to talk about it again. We’ve helped a lot of […]

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Can I Work and Collect Social Security?

Absolutely! Working helps keep you motivated, stimulated and involved.  But, there are some things to consider. If you plan on working, you may want to think about waiting to apply for Social Security benefits until Full Retirement Age, because before that there is a limit to how much you can earn per year without penalty. […]

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