Q & A

Ask Rusty – Ex-spouse benefit: Does it affect mine?

Dear Rusty:  Two years ago, after 34 years of marriage, my wife divorced me. She was a full time homemaker most of those years. Is she entitled to half of my Social Security benefit when I collect at age 62?…

Ask Rusty – WEP: Windfall Elimination Provision

Dear Rusty:  During my first career, which lasted about 25 years, I worked for companies that withheld Social Security FICA taxes from my income.  In my new second career my employer doesn’t take Social Security from my wages, but I’ll…

Ask Rusty – Delayed Retirement Credits vs. collecting benefits and continuing to earn

Dear Rusty:   My wife is now 66 and not collecting Social Security.  She wants to wait until age 70 to collect the larger benefit. However, I know that she could collect now and her payments will grow if she continues…

Ask Rusty – Deemed Filing & 50% of Spouse’s Benefit

Dear Rusty:  I would like to know more about spousal benefits allowing a husband or wife to receive up to 50 percent of a spouse’s Social Security benefits.  I believe it is called spousal deeming of Social Security benefits, and…

Ask Rusty – Divorced Multiple Times

Dear Rusty:  Reading your current letter regarding Social Security benefits for ex-spouses, I pose this question:  Would an individual who has had multiple marriages be entitled to distributions of Social Security for each of his or her marriages?  Signed:  Thrice…

Ask Rusty – Will my benefit amount ever increase?

Ask Rusty – Will my benefit amount ever increase? Dear Rusty:  I’m still working right now, but everyone I talk to about Social Security seems to say that I should wait to take my benefits because once I start the…

Ask Rusty – Social Security’s ‘Full Retirement Age’

Dear Rusty:  I was born in 1955, am 61 years old, and starting to think about when I should collect Social Security.  I spoke to my local Social Security office and got confused when they started talking about my “full…

Ask Rusty – Spousal Benefits Lost

Dear Rusty:  I took my Social Security at 62 since I had to stop working to care for my mom when I was 57.  I was widowed at the time but remarried when I was 58 1/2 years old.  I…

Ask Rusty – Social Security Isn’t Welfare

Dear Rusty:  I receive Social Security, but I still go in the hole to the tune of about $300 per month!  I hear some people describing Social Security as “welfare” but I resent that description.  Between my employer and me,…

Ask Rusty – Raiding the Social Security Trust Fund

Dear Rusty:  I would like to know how much money has been taken out of Social Security by presidents, and was any paid back with or without interest on the withdrawal?  Signed:  Wants to Know Dear Wants to Know:  The…

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