Social Security Q&A With Devin Carroll
Join us today at 12:00 CST for a live Q&A!
Questions answered are below:
Jeff
Lower earning spouse is 4 years older than me. If she starts benefits at her full retirement age of 66and I start at 62, will her spousal benefit be half of my reduced $$ or half of my full benefit?
Laurie
71 -99% can be collected by widows (from spousal Soc. Sec.), if they retire at least at 60. Can’t find what qualifies you for the higher rate?
Maria
If i put into both TRS and social securtiy will I be able to retire from both or just one? I worked at a job for 10 years where they took out for both TRS and SS.
Kitty
I will be 70 in January 2024. I need to continue working in the industry I’ve chosen. Do I file for Social Security before January 2024 or do I automatically get it when I turn 70?
Thank you!
William
Social Security do over. Did you know that it can take 18 months to get approval? I experienced this first hand. Perhaps because I was over FRA when I applied.
Blair
Devin please go into detail about persons like myself who are eligible for not only SSA at early retirement age of 62 1/2 but are also eligible for Canada Pension, do I report to SSA that add'l winfal
Jo Ann
I’m 65.5 FRA 66.5 born 1957
Is there a way to calculate if I benefit by drawing early as opposed to waiting? Working til 67 but thinking SSA can payoff mortgage? Hubby is 68 working til 70 & draws Ssa
MakDaddy
Wife/I are small Bus owners. Im 64 want to draw SS at 65. Do I have to quit the Bus to receive SS without the penalty? Our combined income around $300k/yr.
Bill
I am 68 and receive S.S.. Can my wife who has never worked and is 62 start reduced spousal benefits then if I pass away before she is 67 stop benefits and wait till 67 to get 100% survivor benefits?
Charles
Since up to 85% of social security benefits can be subject to income tax, what would be the effect if those taxes went not to the treasury but to the trust fund itself?
Dean
Planning to retire at 62 mid-year. Will I be subject to earning limits for first year? My current income will be beyond earning limit after 3 months. Should I plan for retirement later in year?
Thanks
Robin
I’m a disabled veteran and have not worked for twelve years and I am approaching 62. Should I apply for SSDI or regular social security?
Craig
If the ONLY income you have in a year is Social Security (no IRA income, no pension income, capital gains, etc.) and tax-free Roth $’s, will you have any income tax liability?