Q & A
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…
Ask Rusty – If My Wife Claims Now, Will It Hurt My Social Security Amount?
Dear Rusty: I am 69 years old, and my wife turned 70 early this year. I am still working full time. My wife is not working, but she got a letter from Social Security saying she should take her Social…
Ask Rusty – Are Spousal Benefits Always a Factor?
Dear Rusty: Both my wife and I have worked our entire lives. When we retire, will we both be entitled to full benefit amount each, or will there always be a spousal factor in there? Also, how are those benefits…
Ask Rusty – I’m 65 and Working; Can I Collect Ex-spouse Benefits?
Dear Rusty: I turned 65 earlier this year, and I still work full time. I was divorced four years ago after 38 years of marriage, but my ex-husband has been collecting Social Security for at least 10 years now. Can…
Ask Rusty – I’m Returning to Work; What Should I Do About Social Security?
Dear Rusty: I started collecting Social Security at age 62 earlier this year. I had an opportunity to partner in a new business this year that will allow me to earn about $200,000 in 2024. Because this is significantly above…
Ask Rusty – We’re Planning to Claim at 62; What Do We Need to Know?
Dear Rusty: My wife (born May 1962) and I (born April 1963) are retired and will soon be looking to start collecting our Social Security as we each hit 62. As this is new to us, I’m wondering what things…
Ask Rusty – About the Fairness of “WEP” and “GPO”
Dear Rusty: I was married to my ex-husband for 30 years. For 14 of those years, I was an unemployed mom and community volunteer. After my sons were grown, I began teaching in California and earned a teacher pension. That…
Ask Rusty – Can I Voluntarily Suspend My Social Security Payments?
Dear Rusty: My wife retired in 2015 and is receiving Social Security. I am past my full retirement age, and I still work. I recently filed for Social Security benefits and received my first payment earlier this month, and my…
Ask Rusty – Social Security Disability vs. Spouse Benefits vs. Survivor Benefits (and COLA)
Dear Rusty: I retired from working in June but will not sign up for Social Security until age 70 and, to do that, I plan to draw from my IRA for the next 3 years. My wife is receiving Social…
Ask Rusty – When Should I Retire and Claim My Social Security Benefits?
Dear Rusty: I am 64 years old and having difficulty working due to my arthritis, but I can continue part time as a podiatrist. I do not know the best way to determine when to retire. What is the formula…