Q & A
Am I understanding Social Security Survivor benefits correctly?
Complete Question: With four children under the age of 10, I want to make sure my family is taken care of financially if something were to happen to me, so even though I am only 31 years old and my…
Does Social Security Count Toward Income for ObamaCare?
Complete Question: I am on Medicare (66 years old), and married a woman of 58 this past summer. When she was looking into the cost of her insurance, she was told that my income ($1600 per month in Social Security), counted…
Can I have taxes withheld from my Social Security check?
Complete Question: I am kicking myself because I filed my income taxes for 2014 and owed a lot of money. I kept hearing that I didn’t really need to worry about my Social Security benefits, so I didn’t. Little did…
Will I owe income tax on my Social Security benefits?
Complete Question: The first time I got Social Security benefits was in November, 2013, so when I filed for my taxes last year, my Social Security benefits weren’t much of a concern. Now I’m looking at a full year of benefits…
Does my benefit amount change if I work after taking Social Security?
Complete Question: I already started taking my Social Security benefits but decided I should go back into the workforce. I was told that if I earn more now than I used to my benefit could actually increase. I really don’t…
I’m thinking about getting remarried…how will this affect my Social Security?
Complete Question: I have been dating a younger man for a couple of years now (I’m 65 and he’s 59). We’ve been talking about getting married. I hate to think of this decision in terms of finances, but it has crossed…
I will be getting a state pension…can I also get Social Security?
Complete Question: I am in the Alaska Teacher’s Retirement system and will eventually retire at around the age of 50-55 with a defined benefit pension plan. We don’t pay into Social Security like a lot of state pension systems. So…
Will there be enough money in the Trust Fund for Social Security to pay my full benefit?
Complete Question: Right now I am 40 years old and in all honesty, I haven’t thought much about Social Security except for the chunk of money it deducts from my paycheck. But lately, it is all over the news. Granted, they…
I make too much money to get my Social Security benefit? Is that even possible?
Complete Question: I am 63 years old and I was making a pretty decent living until my company started making cutbacks. Now they want me to work part-time, which brings my annual salary to only $25,000. I can’t live off…
Do I have to file for a Social Security widower’s benefit?
Complete Question: My wife just passed away. I hadn’t really thought about a widower’s benefit from Social Security because I just assumed I would be the first one to go. But unfortunately, this is what happened. Her benefit was higher…