Q & A

Ask Rusty – Using Health Savings Account (HSA) Funds while on Medicare

Dear Rusty:  My understanding is that once I’m on Medicare the HSA cannot be used. I have prescriptions that cost more with the Medicare Insurance than paying cash, so why can’t I use the HSA to pay for these types…

Ask Rusty – Social Security for couple with large age difference

Dear Rusty: My wife is 63 and I’m 55. I’ve been the breadwinner for 37 years and draw almost $2000 per month tax free from VA disability for life. I’m also still working until I’m 60 or 62, not sure…

Ask Rusty – Confused about enrolling in Medicare and Social Security

Dear Rusty:  I will be 64 years old in 2019 and thinking about Social Security. My full retirement age is 66 and 2 months, and I’m trying to figure out the best way to get the most out of my…

Ask Rusty – Will my benefit be the same as my current SS statement says?

Dear Rusty: I recently retired after over 40 years in the construction industry. I’m 60 years young and my wife and I recently moved south to enjoy retirement in a new and milder environment. At this point, we do not…

Ask Rusty – Spouse Benefits vs. Survivor Benefits from Husband Who Delayed

Dear Rusty: My husband is taking retirement next year and we went through the application process yesterday. No surprises until we found out that his delayed benefits do not apply to spousal benefits. His whole purpose of delaying retirement was…

Ask Rusty – What Percent of my Benefit will my Spouse Get?

Dear Rusty: I have heard many different answers on this but there are so many scenarios I can’t seem to find an answer to mine. My wife and I were both born in 1959 and we both turn 60 next…

Ask Rusty – File & Suspend? Restricted Application? Or just wait?

Dear Rusty:  My wife and I were both born in 1953. My wife will reach her full retirement age in March 2019 and I will reach mine in June of 2019. My wife’s benefit will be roughly $2,200/month and mine…

Ask Rusty – Widow’s Benefits or Retirement Benefits?

Dear Rusty: I am 58 years old. My spouse passed away last year, and I am entitled to survivor benefits. I am trying to plan for when I can retire from working, but don’t know if I should take my…

Ask Rusty – Maximizing Spousal Benefits

Dear Rusty: My husband turns 68 next year, and I will be turning 66. He plans on continuing to work and retiring at age 70 to maximize his monthly Social Security benefits. I am retiring next year due to a…

Ask Rusty – Can I get Medicare without claiming Social Security?

Dear Rusty:  I am 63 and my full retirement age is 66 and 2 months. I want to try and hold out to 70 before I start collecting SS. My 2018 Social Security statement said I’m eligible to apply for…

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