Q & A

Will My Benefit Increase If I Work While Collecting Disability? – Ask Rusty

Dear Rusty: I will be 64 in March and currently receive Social Security Disability Insurance (SSDI) payments. My full retirement age is 67, but I’m thinking about trying to return to work.  If I work and my earnings exceed the monthly…

Ask Rusty – About Medicare’s Dreaded “IRMAA” Provision

Dear Rusty: My wife is on Medicare and receiving Social Security benefits each month. We built a house and used money from our investments to pay for it. We knew we would pay taxes on that withdrawal, but my wife…

Ask Rusty – Why Must I Pay Into Social Security when I’m Collecting Benefits?

Dear Rusty:  I am collecting full Social Security benefits at age 72 and also working full time. Why is the Federal Government still taking money from my paycheck? I have written to Social Security experts on this issue, and they…

Ask Rusty – Should I Claim Social Security at 68, or Wait Until I’m 70?

Dear Rusty: I have a question regarding my SS benefits. I turned 68 this month and work part time. I earned $28,000 last year but will probably gross $36,000 to $38,000 this year. My husband collects his SS, and he…

Ask Rusty – How is my Social Security Benefit Calculated?

Dear Rusty: I appreciate your recent article dispelling the myth that politicians have stolen Social Security money. As a CPA, I dispel this myth repeatedly to clients who falsely claim SS funds have been raided. But another thing I deal…

Ask Rusty – Will my WEP Reduction Go Away if I Continue Working?

Dear Rusty: I’m 63 years old and have not yet started my Social Security. I now work for the State of Illinois and will draw a pension from that state’s university system. I don’t pay into Social Security from this…

Ask Rusty – Will Withdrawing from 401(k) Affect My Social Security?

Dear Rusty: My full retirement age (FRA) is 66 and 8 months, which I’ll reach in September 2024. I’m still working 3 days a week. I want to cash in my 401K and want to know if I have to…

Ask Rusty – How Can I Get Details about My Social Security Payment?

Dear Rusty: How do I find the actual breakdown of the Medicare insurance that I have auto deducted and my actual Social Security payment? I was just looking at a video which explained the 3% Cost of Living Adjustment we…

Ask Rusty – Can Someone Work While Collecting Social Security Disability?

Dear Rusty: If a person is collecting Social Security disability benefits, can they, at any point, work at all? If they can, what is the maximum they can earn and still keep the disability benefit? I am asking because my…

Ask Rusty – Will My Friend’s Fiancée be Entitled to a Survivor Benefit?

Dear Rusty: I have a very good friend who has cancer and will begin chemotherapy this week. He is 71 years old and is currently receiving Social Security benefits. He has been living with his fiancée for a little more…

Website by Geiger Computers