good grief its like people don't live forever. I took the loss and started retirement at 62. I get by fairly well on my 1200 due to low rent program and I heap. I had quite a bit saved I'm 66 now and yes savings going faster than expected but I'm enjoying life and I make it a priority to not worry.
@@wally1663 Did he file for SSDI as a TERI (Terminally Ill), since it's Stage IV? It will be super expedited. Wishing your Family blessings 🙏 with this difficult journey and diagnosis 🤗
6 months ago my friend drop dead heart attack age 65. He appeared healthy and just retired within previous 3 months. I taking SS at 62. You don’t know if you have 3 months or 38 years.
6 months ago my colleague and friend dropped dead at 65. He had appeared very healthy and had lengthy discussion me about his retirement plan one day before he passed away😢😢
Talking like it’s normal to be working at 70 and still getting health insurance from an employer sounds crazy. Where I work people start retiring at 55 65 at the latest.
I love the grounded reality of this channel!!! *If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you..prevent inflation*
I feel sympathy and empathy for our country, low income earners are suffering to survive, and I appreciate Wayne. You've helped my family with your advice. imagine investing $30,000 and receiving $95,460 after 28 days of trading.
Honestly, our government has no idea how people are suffering these days. I feel sorry for disabled people who don't get the help they deserve. All thanks to Mr Michael Wayne, imagine investing $1000 and receiving $5700 in a few days..
Did someone just mention Mr Wayne!? Damn! You just made my day; what a coincidence.. I've worked with him for over 2years and I can tell how good he is
Im taking mine at 66 and 8 months, so I get the next level up check I'm a housekeeper at a nursing home. I've always had a job since I graduated high school but never had a good job with a pension and health insurance. I'm so tired now, but I'm pushing on until April next year.
I am 63, i started getting my survivor’s benefits at 60… yes, i’m not getting my full benefits but i want to enjoy it while i can, we don’t 5:13 know how long we live. If we wait for our full retirement, yes we get the full amount but how long we live after that?
Since there are so many exceptions please join one of my FREE LIVE RUclips Q&A sessions so I can give you a more complete and accurate answer. MORE HELP HERE: linktr.ee/MyGovExpert
I am 64, will be 65 next year. My husband turns 65 next year as well. I am still working and have health insurance on both of us. Did I hear correctly, since I have health insurance on both of us we do not have to apply for Medicare? Thanks
You have a lot of great videos. Do you have a video for veterans who have 100% permanent and total disability and SSDI? How to file base on the SSDI health codes, related to all of the service members list of health issues? To make sure that everything matches and whoever the approval is looking at the claim at social security office?
My sister n law works for SSA and said that if you go back to work after filing that you can let SSA know to freeze your account while you’re working and your time accumulated is added when you resume collecting SS. Is this true?
Thank you and I appreciate the information I turned 65 this year unfortunately in my case I have to wait till I'm 70 to get the full benefit but with everything in the politics today we all stand a chance of either being cut by 30% or losing Social Security all together by 2031 I really wish you'd say something in that in your presentation I realize nothing has happened yet but there is a cloud that looms over all of us if social security goes away they'll be millions of us on the street cuz like myself unfortunately I do not have any other Investments to live off of other than Social Security
My spouse turned 67 in June 2024 and she wanted to know if she can collect SS and continue working. She also would like to know if she is required to have medicare if she has a company health insurance plan that she wants to keep mainly because it is a family plan
Hi Dr. Ed, First I want to thank you for doing the Thanksgiving Live, that’s so kind. *Q* : Can SSDI and divorced (me)collect spousal at 62, or was that age changed too ? Thanks a bunch.
Hi! Mr. Ed, thank you for what you do, very helpful info! just want to know ask this.. my husband is 6yrs older than me & plan to retire at 62. When I retire at 62, is it ok for me to file under his benefits? Or I have to be at 67 to file under his? Thank you!
I will turn 65 the end of next July. I have been receiving Survivor benefits from my late ex-husband since 2020, when I was 60. I was also a teacher, so I got my PERS in a lump sum in 2020 too, and have been living off that and working only P/T. Next year, should I ask if I would be better to "switch" to my own benefits or wait until I'm 67 (as long as they keep allowing Survivor benefits)?
I am 65 and on Ssdi since 63, at what point do i change to regular social security? And what will be my full retirement age? Do i have income restrictions and what are they
@@akinso05 what year were you born? Your SSDI will change over to SSR at your FRA. Once that occurs, you can work and make however much you want and not be penalized for it.
Since there are so many exceptions please join one of my FREE LIVE RUclips Q&A sessions so I can give you a more complete and accurate answer. MORE HELP HERE: linktr.ee/MyGovExpert
I am 69 years old on a spousal benefits since at the age of 62 I’m Medicare advantage and I am accomulating medical bills as I am a cancer survivor what would you suggest to me about Medicare
I am 65 and about 6 months. I was planning on taking SS when I turn 66. I am not working and do need the money soon. With this new president and policy's coming down the pike in 2025, should I take it now or just hold off or take it now to maximize my benefits. I just afraid to make a mistake. Is there another way to contact you.
I became totally disabled at 42, I’ll be 62 in January has this affected my FRA at 67? Also I was married for 20 years and have been divorced for 22 years…have not remarried can I still go after my ex husband’s benefits and will it raise my monthly benefits?
Dr. Ed we really appreciate you and all of your hard work. However, oftentimes, you are very quick and incomplete in answering questions and don’t really make sense to many of us. Could you slow down a bit and answer questions completely? It would sure help. Thank you so much.i understand you are trying to answer as many questions as possible, but sometimes it might be better to be answer fewer questions more completely. Thank you.
🪷Also Remember Dr. Weir might not have all the info to answer the question thoroughly. 👌Sometimes the question is vague. Dr. Weir does have a private consultation. 🌸 Dr. Weir could ask for clarification in this LIVE And then he has to find the person's clarification. 🪻So it also would help when people ask questions that they give as much information as possible - So that Dr. Weir can answer the question to help them.🌿🍁
If I work a month or two "overlap" into the start of my social security retirement benefits does it affect my social security benefit check as it's not working a full year, just a month or two overlap?
I was married for 18 years then divorced. My ex remarried, I have not. He (my ex) took early SS at 62. I waited to full retirement at 66.5. I made higher income than my ex, so I assumed I would get no increase based on his SS, but since he remarried and I never did, would I be eligible to receive additional benefits based on his SS?
I understand that I’m required to file on my own benefits, then may add ex-spousal benefits. Can I switch to my benefits at 70 to receive the highest amount?
@@leolinoblena1366 there isn't a statute of limitations on Survivor benefits, she just has to be 60 years old, if she isn't Disabled. Regarding her Pension, if it's a private one, it's ok. If it's Government, there's an offset, GP0.
@@leolinoblena1366 that would only pertain if, you both were deceased and, your son got Disabled before the age of 22. DAC (Disabled Adult Child) benefits.
My ex husband is fully retired, we were married 13 years. My full retirement benefits will be about 1,900 monthly and his are about 3,400. Social security office told me I don’t qualify to receive any difference due that the benefits on my own record is more than 50% of his monthly benefits. My question is, if he passes away before me, will I be able to receive his monthly amount instead of mine? Or will the 50% rule still apply? Thank you!!
I’m 67. If I’m eligible for $2800 now, but go back to work for a year and earn $40 to $60k, how much will that increase my monthly benefit if I apply for benefits 12-18 months from now at age 68 or 69. In other words, is it worth working for a year to increase benefits.
I’m 74 will be 75 in March. I was married for over 10 years to a dentist who retired at 70. I didn’t collect under his because I had married again . I was married to another and filed at 62, we divorced and 18 months ago l remarried to a doctor who is 10 years younger than I. No kidding, I’m “well preserved “. Since I remarried I cannot claim under my ex and lost my benefit my husband plans to continue working and doesn’t want to file. I’m collecting under my own benefits but I hardly worked because I didn’t have to. I had my case handled by a SS expert and she said that as soon as my ex dies to file because I’m entitled under his. I’m lucky that my husband provides for me, if he couldn’t I’d be on welfare. Will my benefit be the max because he worked and delayed filing or will my husband’s be more or less because of filing as he was born in 1960?
Since there are so many exceptions please join one of my FREE LIVE RUclips Q&A sessions so I can give you a more complete and accurate answer. MORE HELP HERE: linktr.ee/MyGovExpert
I was born Jan 1959. Mine is 66 and 10 mos. I’ve been living off my Roth IRA since 2020. I’m really not wanting to use more of it because it’s total is now at the point where I could try to increase it through the stock market or turn into an annuity for a decent monthly payment. The market scares me with Trump so I’m parked in a lower interest cash option. Not sure the best thing to do here - with the Trump uncertainty. I’m taking care of my father and I make the house payment and some incidentals. I also pay for my Medicare A B G D.
I pay only $36 a month for my supplemental. USAA United Healthcare Advantage plans are great. You can choose your coverage and what you can afford to pay. Mine is a PPO and I have great coverage, dental and vision and many other perks!
Since there are so many exceptions please join one of my FREE LIVE RUclips Q&A sessions so I can give you a more complete and accurate answer. MORE HELP HERE: linktr.ee/MyGovExpert
Im 57 on 100% disabilitySSDI. I am alone, no other income or assets. I keep CHECKING and find out if to file tax. Overweling info from creditable tax companies and IRS web searh says $25k is the threshold in not taxible. I keep hearing you say its 23k. Im confused.
The $22,320.00 is earned income from a job. SSDI is unearned income and as long as you don't have any earned income, you don't have to file taxes. If you want to, go ahead.
December 9 is the best time! Here's the info again: For FREE HELP with Medicare plans (Medicare Supplements, Medicare Advantage, Part D, etc), please call my Medicare partner, Chapter Medicare, at (352) 841-0632. They will review ALL the plans in your area and go over ALL your options.
You should be able to file 3 months before your full retirement age which is July 2025 (I’m guessing you were born in 1958). Edit to add, I’ll be 67 in Nov. ‘25. The first check should be in July or August. I can’t remember which…been working all day, lol.
I will be 65 in janruary and because I stayed home taking care of my kids and grandchildren I will be taking spousal social security. I called social security about a month ago and they were suppose to call me and hadn't heard anything from them so we went to our social security and they set me. Up and appt for janruary 7th .is it better for me to go ahead and get spousal social security now
I did pay my Medicare for 2 Quarter and I went and paid them later and they still cancel my insurance so how do get back to get my insurance back. I call SSI and nobody’s know the answer?
My daughter is severely disabled with paranoid schizophrenia, but she doesn't think she is sick. She refuses all help, including medications, because she's not sick. As a parent can I apply for disability for her? Also, she has a teenage son who needs to be financially supported but can't apply since my daughter refuses to apply. Do you have any advice for us? Thank you so much for all you do.
She's an adult, so she needs to do it, herself. Sounds like she might need to visit the nearest Psych unit. It would also help to speed the process up for Disability approval, too.
Since there are so many exceptions please join one of my FREE LIVE RUclips Q&A sessions so I can give you a more complete and accurate answer. MORE HELP HERE: linktr.ee/MyGovExpert
You're not alone, I'm in the same boat. Daughter same age as yours with a 7 year old. I feel helpless. She's not even on this planet. All that exists is Jesus.
Wow I never made my 40 credits , so I get SS from divorced husband. Which is very little so when I turned 65 I was eligible for SSI so I’m only getting a little over 900.00 a month to live on
Hello Dr, sorry off topic 2023 submitted SSA7162 (am i alive form) form on each mailing and via 4 different modes( fax fedex reg mail email) confirmed sept 13 2023 on the 1800 number but suspended in january ??? Any ideas how to prevent this i even sent form printed due to slow mail service into the philippines many of my friends had the same issue
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Taking benefits at 62 is 5 full years of checks, b4 age 67, it might take 5 years or more to offset the difference, no one is guaranteed to hit 75 so in my opinion its a no brainer to take benefits at 62 vs 67, you can always work part-time or have a cash generating gig at 62 and beyond, Thanks for your channel
Since there are so many exceptions please join one of my FREE LIVE RUclips Q&A sessions so I can give you a more complete and accurate answer. MORE HELP HERE: linktr.ee/MyGovExpert
Since there are so many exceptions please join one of my FREE LIVE RUclips Q&A sessions so I can give you a more complete and accurate answer. MORE HELP HERE: linktr.ee/MyGovExpert
If a disabled adult drew SSI, home income changed, father started drawing his SS then months returned to work. Disabled daughter loss her SSI and now draws SS. Father now has retired and will not return to work- Can disabled daughter return to SSI?
I doubt it because, even unearned income, such as, SSR counts when doing resources for SSI benefits. Is it the money, Medicaid or SNAP benefits that your family or daughter is needing, wanting or missing the most? If she isn't receiving much more than she was when on SSI, she should re-apply for everything. Good luck 👍
You said that one needs to file on their own record independently before you can file for survivor benefits,but the Social Security web site says you don’t??
The SPOUSAL Benefit Increase More than makes up the lost $'s for early claiming. If a person starts his benefit at 63-64....For me it was over a $1200/mth increase for my wifes SS alone after I turned on my SS at 64... putting our married SS at $5600/mth. It is all simple Math if you know the formula/rules.
Since there are so many exceptions please join one of my FREE LIVE RUclips Q&A sessions so I can give you a more complete and accurate answer. MORE HELP HERE: linktr.ee/MyGovExpert
What are you going to retire at 60 from? Will you be living off of a Savings account? Because technically, you have to be 62 before you can "retire " and collect Social Security.
Since there are so many exceptions please join one of my FREE LIVE RUclips Q&A sessions so I can give you a more complete and accurate answer. MORE HELP HERE: linktr.ee/MyGovExpert
If you don't have your highest 35 years of earnings, they put a zero for every year under 35 year earnings history. That will definitely affect PIA (primary insurance amount) The basic Social Security benefit is called the primary insurance amount (PIA). Typically the PIA is a function of average indexed monthly earnings (AIME). SSA determine the PIA by applying a PIA formula to AIME. The formula we use depends on the year of first eligibility (the year a person attains age 62 in retirement cases). You should check your earnings history, and your SSA account online where they list your estimated monthly amount. Remember your estimated monthly amount from 62 to 70 is determined on what you are currently making. So if you stop 2 years early to that estimate, those numbers will also change.
The average lifedpan was 63 when the retirement age was set at 65. Now people live into their 70s on average. How are payments cut if you can collect for an extra decade compared to when it was established? Evrntually you have to raise the FRA, it is just reality.
OR we can raise the requirement to pay into the SS fund to $400k instead of the present $168k. This simple act with no other changes will resolve the SS insolvency.
Social Security showed since born on Sept,04,1959 full retirement is at 66 yrs and 10 months. But your saying this could change if they increase the age again?
I don’t believe so. I think it starts for those who are born 1960. You were born in 1959. So I think yours is 66 and 10 months unless they change that to. I was born in 1959 also
@@donnareed3822 Just look back to how they raised it in the past. Either monthly increments, or blocks of years, or both. Those closest to retirement will not change, or be very insignificant. People lose more by taking their SS early, then if they raise the retirement age. Currently if you are born 1960 or later at age 62 that's a permeant 30% loss, with an earnings limit, unless you want to pay all the money back within the first year. Make a plan with your family, and or financial advisor. Whoever is in office should not change your lifelong retirement plans. 1938 - 65 years and 2 months 1939 - 65 years and 4 months 1940 - 65 years and 6 months 1941 - 65 years and 8 months 1942 - 65 years and 10 months 1943 through 1954 - 66 years 1955 - 66 years and 2 months 1956 - 66 years and 4 months 1957 - 66 years and 6 months 1958 - 66 years and 8 months 1959 - 66 years and 10 months 1960 and later - 67 years
@@brianl8752You just have to look back on how they raised it in the past, from 1938 and beyond. It was raised by monthly increments, or block of years. The closer you are to FRA the less insignificant the changes are for you. If you need the money, then you need it, but more people lose by taking it early at age 62, and having an earnings limit. Currently if you are born 1960 or later, and take SS at age 62 you are losing a permeant 30%, unless you want to pay back all the money within the first year. That can mean leaving hundreds, on average $700 to 1k off the table every month. Also employment numbers can afford you a higher amount every month and potentially raise your highest 35 years of earning history, boosting your SS benefits. Whoever is in office, should not change your lifelong retirement plans. If you are taking SS early just because of a new person in office, that's not going to grandfather/shield you to future changes, or SS budget shortfalls. Everyone should be more focused, and working hard to fix SS budget shortfalls now.
Since there are so many exceptions please join one of my FREE LIVE RUclips Q&A sessions so I can give you a more complete and accurate answer. MORE HELP HERE: linktr.ee/MyGovExpert
I turned 67 this year and I went retroactive on my Social Security and received my retroactive pay on Social security, which went back to December 20 23 as I reached my full retirement age 66 and six months. Now they sent me the retroactive on Social Security, but didn’t take taxes out. What am I going to end up paying the IRS for that amount of money?
@@victoriataylor8431if you have any earned income from 2024, the retroactive pay can cause you to pay taxes on it, if over a certain amount. And that amount is determined by your tax bracket for the filing year.
@@victoriataylor8431 I believe that you are considered to have already paid the taxes on that retroactive payment. But these days, it would probably be wise to assume nothing, and contact a tax specialist. Someone qualified to do tax returns should be able to answer you're question, otherwise contact the social security people and ask them directly. (I know, easier said than done these days....).
I’m 62 but I know it’s67 I’m taking it early I had cancer twice in last 5 years I don’t know how much I have in Time I want to take one more day off 23,000 is not Alot but I make more then that so I can’t make more then 1900.00….?
@@bonnielizarraga7941not sure what you are asking, but you have to be OVER your full retirement age depending on birth year. If you were born 1960 and up, FRA is age 67.
Can’t imagine a government supporting other countries and supporting ‘illegal migrants’ by the billions of dollars monthly, but then the government questioning investment increases into American citizens Social Security🤷🏼.
@@Mslexus134 We the people do the funding. SS would be okay if the govt hadn’t borrowed from it & never paid it back. That being said, I agree with Dr. Ed that the SS tax should come out of every dollar earned by everyone. The cutoff of $168,600 isn’t enough to keep up since more are retiring than contributing.
Amen so glad we the people are really now understanding what the heck is going on …. How the heck are they getting away with it!!A they they have giving it away to illegals … are they donating to social security .. or are they sitting on their butts!!
![How to Get a Developer Job - Even in This Economy [Full Course]](/img/1.gif)
good grief its like people don't live forever. I took the loss and started retirement at 62. I get by fairly well on my 1200 due to low rent program and I heap. I had quite a bit saved I'm 66 now and yes savings going faster than expected but I'm enjoying life and I make it a priority to not worry.
@@mojomaxy Amen 🙏🏽! Thanks so much for your honesty and helpful testimony. May God bless us all in our retirement years.
My spouse 62 has stage 4 lung cancer, and we are navigating all this now. Overwhelmed and glad to find this channel.
@@wally1663 Did he file for SSDI as a TERI (Terminally Ill), since it's Stage IV? It will be super expedited. Wishing your Family blessings 🙏 with this difficult journey and diagnosis 🤗
I am 61. Will be taking mine at age 62. No hesitation.
6 months ago my friend drop dead heart attack age 65. He appeared healthy and just retired within previous 3 months. I taking SS at 62. You don’t know if you have 3 months or 38 years.
Exactly. I'll be taking mine at 62. 🙏🏽
6 months ago my colleague and friend dropped dead at 65. He had appeared very healthy and had lengthy discussion me about his retirement plan one day before he passed away😢😢
Talking like it’s normal to be working at 70 and still getting health insurance from an employer sounds crazy. Where I work people start retiring at 55 65 at the latest.
I love the grounded reality of this channel!!!
*If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you..prevent inflation*
I feel sympathy and empathy for our country, low income earners are suffering to survive, and I appreciate Wayne. You've helped my family with your advice. imagine investing $30,000 and receiving $95,460 after 28 days of trading.
Honestly, our government has no idea how people are suffering these days. I feel sorry for disabled people who don't get the help they deserve. All thanks to Mr Michael Wayne, imagine investing $1000 and receiving $5700 in a few days..
I'm in a similar situation where should I look to increase income? Do you have any advice? What did you do? Thank you
Well, I engage in nice side hustles like investing, and the good thing is I do it with one one of the best(Michael Wayne), he's really good!
Did someone just mention Mr Wayne!? Damn! You just made my day; what a coincidence.. I've worked with him for over 2years and I can tell how good he is
Im taking mine at 66 and 8 months, so I get the next level up check I'm a housekeeper at a nursing home. I've always had a job since I graduated high school but never had a good job with a pension and health insurance. I'm so tired now, but I'm pushing on until April next year.
I am 63, i started getting my survivor’s benefits at 60… yes, i’m not getting my full benefits but i want to enjoy it while i can, we don’t 5:13 know how long we live. If we wait for our full retirement, yes we get the full amount but how long we live after that?
Since there are so many exceptions please join one of my FREE LIVE RUclips Q&A sessions so I can give you a more complete and accurate answer. MORE HELP HERE: linktr.ee/MyGovExpert
Thank you so much. I know your help so many people this country. 👍👍👍👍👍❤️🙏
I think SS should be more knowledgeable and help people. But they don’t
He has a wealth of information
The government won't be happy with retirement age unit it goes past life expectancy. Currently it is 79.5 years.
I am 64, will be 65 next year. My husband turns 65 next year as well. I am still working and have health insurance on both of us. Did I hear correctly, since I have health insurance on both of us we do not have to apply for Medicare? Thanks
Correct, as long as your employer has 20 or more people working there.
@@DebLindley-xg8gz my employer has more than 20 I believe but not all of us are on their insurance. Do you know if that matters?
@@brenda44414 what does that exactly mean?
@@DebLindley-xg8gz I'm wondering if the 20 employees have to have had health insurance thru the company. Our company just now has 20 I believe
@@brenda44414 unfortunately, if you don't have Insurance through your current employer when you turn 65, you must sign up for Medicare part A,B & D.
You have a lot of great videos. Do you have a video for veterans who have 100% permanent and total disability and SSDI? How to file base on the SSDI health codes, related to all of the service members list of health issues? To make sure that everything matches and whoever the approval is looking at the claim at social security office?
God bless your kindness.
You know you have to be pretty good at what you do when the subscribers are already close to 200k. Just can't make that stuff up. Great Job!
My sister n law works for SSA and said that if you go back to work after filing that you can let SSA know to freeze your account while you’re working and your time accumulated is added when you resume collecting SS. Is this true?
Thank you and I appreciate the information I turned 65 this year unfortunately in my case I have to wait till I'm 70 to get the full benefit but with everything in the politics today we all stand a chance of either being cut by 30% or losing Social Security all together by 2031 I really wish you'd say something in that in your presentation I realize nothing has happened yet but there is a cloud that looms over all of us if social security goes away they'll be millions of us on the street cuz like myself unfortunately I do not have any other Investments to live off of other than Social Security
Thank you so much for this info.😊👍
My pleasure 😊
My spouse turned 67 in June 2024 and she wanted to know if she can collect SS and continue working. She also would like to know if she is required to have medicare if she has a company health insurance plan that she wants to keep mainly because it is a family plan
Yes, she can work & SS will not hold anything out. Also, if she has company health insurance (with 20 employees) she can delay Medicare.
Great 👍🏽 question 🙋♂️! I want to also hear the answer from the show host as well please 🙏🏽.
@@Mslexus134he did.
@@penelope5500 thank you..!
Hi Dr. Ed, First I want to thank you for doing the Thanksgiving Live, that’s so kind. *Q* : Can SSDI and divorced (me)collect spousal at 62, or was that age changed too ? Thanks a bunch.
Nothing about IEDS has changed yet. Your ex also has to be 62.
@ Thank you.😊
@@Lynore_Marie you're welcome 😊 take care
Hi! Mr. Ed, thank you for what you do, very helpful info! just want to know ask this.. my husband is 6yrs older than me & plan to retire at 62. When I retire at 62, is it ok for me to file under his benefits? Or I have to be at 67 to file under his? Thank you!
I will turn 65 the end of next July. I have been receiving Survivor benefits from my late ex-husband since 2020, when I was 60. I was also a teacher, so I got my PERS in a lump sum in 2020 too, and have been living off that and working only P/T. Next year, should I ask if I would be better to "switch" to my own benefits or wait until I'm 67 (as long as they keep allowing Survivor benefits)?
I am 65 and on Ssdi since 63, at what point do i change to regular social security? And what will be my full retirement age? Do i have income restrictions and what are they
@@akinso05 what year were you born? Your SSDI will change over to SSR at your FRA. Once that occurs, you can work and make however much you want and not be penalized for it.
Since there are so many exceptions please join one of my FREE LIVE RUclips Q&A sessions so I can give you a more complete and accurate answer. MORE HELP HERE: linktr.ee/MyGovExpert
Im on disability but I still work. When I turn 67 at full retirement, will they recalculate my retirement or will I stay at the same amount?
I am 69 years old on a spousal benefits since at the age of 62 I’m Medicare advantage and I am accomulating medical bills as I am a cancer survivor what would you suggest to me about Medicare
My brother is 56 and filing for SSDI. He is also a disabled child of a veteran. Is he eligible for any other benefits?
He was disabled as a baby
I am 65 and about 6 months. I was planning on taking SS when I turn 66. I am not working and do need the money soon. With this new president and policy's coming down the pike in 2025, should I take it now or just hold off or take it now to maximize my benefits. I just afraid to make a mistake. Is there another way to contact you.
I became totally disabled at 42, I’ll be 62 in January has this affected my FRA at 67? Also I was married for 20 years and have been divorced for 22 years…have not remarried can I still go after my ex husband’s benefits and will it raise my monthly benefits?
Dr. Ed we really appreciate you and all of your hard work. However, oftentimes, you are very quick and incomplete in answering questions and don’t really make sense to many of us. Could you slow down a bit and answer questions completely? It would sure help. Thank you so much.i understand you are trying to answer as many questions as possible, but sometimes it might be better to be answer fewer questions more completely. Thank you.
🪷Also Remember Dr. Weir might not have all the info to answer the question thoroughly. 👌Sometimes the question is vague. Dr. Weir does have a private consultation. 🌸
Dr. Weir could ask for clarification in this LIVE And then he has to find the person's clarification.
🪻So it also would help when people ask questions that they give as much information as possible - So that Dr. Weir can answer the question to help them.🌿🍁
If I work a month or two "overlap" into the start of my social security retirement benefits does it affect my social security benefit check as it's not working a full year, just a month or two overlap?
I was married for 18 years then divorced. My ex remarried, I have not. He (my ex) took early SS at 62. I waited to full retirement at 66.5. I made higher income than my ex, so I assumed I would get no increase based on his SS, but since he remarried and I never did, would I be eligible to receive additional benefits based on his SS?
I understand that I’m required to file on my own benefits, then may add ex-spousal benefits. Can I switch to my benefits at 70 to receive the highest amount?
I am 64 and currently on SSD. I wanted to change from disability to retired? Also, would that affect my widows benefits? Thank you in advance.
Are you sure you'd want to do that? Your SSDI is the same as your SS at your FRA. If you switched to regular SS you would actually lose money monthly.
My Dad passed away over 15 years ago, will my Mom still be able to get survivor's benefits if she is receiving her Pension? Thanks!
@@leolinoblena1366 there isn't a statute of limitations on Survivor benefits, she just has to be 60 years old, if she isn't Disabled. Regarding her Pension, if it's a private one, it's ok. If it's Government, there's an offset, GP0.
My son is disabled and receiving SSI, will he also receive survivorship when my husband and myself retire from both of us? Thanks!
@@leolinoblena1366 that would only pertain if, you both were deceased and, your son got Disabled before the age of 22. DAC (Disabled Adult Child) benefits.
I am 71 and collect SS now. My wife is 59. When can she start to collect spousal SS?
My ex husband is fully retired, we were married 13 years. My full retirement benefits will be about 1,900 monthly and his are about 3,400. Social security office told me I don’t qualify to receive any difference due that the benefits on my own record is more than 50% of his monthly benefits. My question is, if he passes away before me, will I be able to receive his monthly amount instead of mine? Or will the 50% rule still apply? Thank you!!
I’m 67. If I’m eligible for $2800 now, but go back to work for a year and earn $40 to $60k, how much will that increase my monthly benefit if I apply for benefits 12-18 months from now at age 68 or 69. In other words, is it worth working for a year to increase benefits.
I’m 74 will be 75 in March. I was married for over 10 years to a dentist who retired at 70. I didn’t collect under his because I had married again . I was married to another and filed at 62, we divorced and 18 months ago l remarried to a doctor who is 10 years younger than I. No kidding, I’m “well preserved “. Since I remarried I cannot claim under my ex and lost my benefit my husband plans to continue working and doesn’t want to file. I’m collecting under my own benefits but I hardly worked because I didn’t have to. I had my case handled by a SS expert and she said that as soon as my ex dies to file because I’m entitled under his. I’m lucky that my husband provides for me, if he couldn’t I’d be on welfare. Will my benefit be the max because he worked and delayed filing or will my husband’s be more or less because of filing as he was born in 1960?
If you're currently married, you can't collect any ex spouse benefits, if they're alive or have died.
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Born May 15 1958, my full retirement is 66 and ten mos.. was that correct?
@@alicealcantara5956 66 and 8 months. 😊
I was born Jan 1959. Mine is 66 and 10 mos. I’ve been living off my Roth IRA since 2020. I’m really not wanting to use more of it because it’s total is now at the point where I could try to increase it through the stock market or turn into an annuity for a decent monthly payment. The market scares me with Trump so I’m parked in a lower interest cash option. Not sure the best thing to do here - with the Trump uncertainty. I’m taking care of my father and I make the house payment and some incidentals. I also pay for my Medicare A B G D.
@@lynnhoffmann247 thanks
How much does Medicare supplement plans cost per month? I’m 67.
I pay only $36 a month for my supplemental. USAA United Healthcare Advantage plans are great. You can choose your coverage and what you can afford to pay. Mine is a PPO and I have great coverage, dental and vision and many other perks!
Love the shirt!!
Thanks!
Thank you so much for your support!
Does my ssd earnings increase when i hit full retirement age ? When does my Ssd change to ssi
I am 64 and collecting SSD. I want to change from disability to retirement, is that a good idea. I also collect widow benefits.
Since there are so many exceptions please join one of my FREE LIVE RUclips Q&A sessions so I can give you a more complete and accurate answer. MORE HELP HERE: linktr.ee/MyGovExpert
Im 57 on 100% disabilitySSDI. I am alone, no other income or assets. I keep CHECKING and find out if to file tax. Overweling info from creditable tax companies and IRS web searh says $25k is the threshold in not taxible. I keep hearing you say its 23k. Im confused.
The $22,320.00 is earned income from a job. SSDI is unearned income and as long as you don't have any earned income, you don't have to file taxes. If you want to, go ahead.
Hi so what’s the best time to call them my birthday #65 is in February 2025 thanks
December 9 is the best time!
Here's the info again: For FREE HELP with Medicare plans (Medicare Supplements, Medicare Advantage, Part D, etc), please call my Medicare partner, Chapter Medicare, at (352) 841-0632. They will review ALL the plans in your area and go over ALL your options.
I will turn 67 in October 2025. When should I file for social security benefit?
You should be able to file 3 months before your full retirement age which is July 2025 (I’m guessing you were born in 1958). Edit to add, I’ll be 67 in Nov. ‘25. The first check should be in July or August. I can’t remember which…been working all day, lol.
I am 61 and in MEDI-CAL, what is going to happen when 65? txs
Can I take spousal benefit first and let my own retirement grow?
No, SS will require you to draw your own SS first.
My aunt Louise worked in the Wilkes Barre office for 40 years maybe more . I don’t know exactly.
Do I need to go in to alert local office , I am turning 70 in Jan.?
I will be 65 in janruary and because I stayed home taking care of my kids and grandchildren I will be taking spousal social security. I called social security about a month ago and they were suppose to call me and hadn't heard anything from them so we went to our social security and they set me. Up and appt for janruary 7th .is it better for me to go ahead and get spousal social security now
Ok, so I am 67. I started my ssa at 66 and a half. So, if I am limited on earnings and I need to work for bills should I pause for a while?
You're now at your FRA. The yearly income limit doesn't apply to you, anymore.
I did pay my Medicare for 2 Quarter and I went and paid them later and they still cancel my insurance so how do get back to get my insurance back. I call SSI and nobody’s know the answer?
My daughter is severely disabled with paranoid schizophrenia, but she doesn't think she is sick. She refuses all help, including medications, because she's not sick. As a parent can I apply for disability for her? Also, she has a teenage son who needs to be financially supported but can't apply since my daughter refuses to apply. Do you have any advice for us? Thank you so much for all you do.
I forgot to add that my daughter is 35 and is in psychosis continually.
She's an adult, so she needs to do it, herself. Sounds like she might need to visit the nearest Psych unit. It would also help to speed the process up for Disability approval, too.
You may have to get a Court Order for committal if she refuses to go to inpatient treatment. Being noncompliant, is never a good thing.
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You're not alone, I'm in the same boat. Daughter same age as yours with a 7 year old. I feel helpless.
She's not even on this planet. All that exists is Jesus.
Wow I never made my 40 credits , so I get SS from divorced husband. Which is very little so when I turned 65 I was eligible for SSI so I’m only getting a little over 900.00 a month to live on
Hello Dr, sorry off topic 2023 submitted SSA7162 (am i alive form) form on each mailing and via 4 different modes( fax fedex reg mail email) confirmed sept 13 2023 on the 1800 number but suspended in january ??? Any ideas how to prevent this i even sent form printed due to slow mail service into the philippines many of my friends had the same issue
Is the early retirement limit for earned income only? Or does it include unearned income as well?
Earned income.
If they change the retirement age from 67 will that affect someone born on 1963?
If i have over the required amount already in the bank, can i still file for ss benefits at 62 or 65?
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Could I apply for disability benefits thru my spousal benefits
Taking benefits at 62 is 5 full years of checks, b4 age 67, it might take 5 years or more to offset the difference, no one is guaranteed to hit 75 so in my opinion its a no brainer to take benefits at 62 vs 67, you can always work part-time or have a cash generating gig at 62 and beyond, Thanks for your channel
Does Tricare make you sign up for Medicare A & B?
Does Tricare make you sign up for Medicare A & B?
@@CarrieDaniels-v3pYes
If you have a car accident an sue will that affect your ssi
I'm 63 and my wife is 52. I'm not on SS yet. When can she get spousal benefits?
When she's 62.
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Can my filipna wife be entitled to my Social Security after i die,? We been married about 7 years. Are can i clam here as a dependent now?
i receive SSDI and a death benefit from my mom do I pay taxes?
I started receiving survivor benefits at 62. If I wait til I turn 70 to file for my own SS, will my own benefits be reduced?
No they won't.
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If I received SS benefits at 63 and continued to work, will I get back the penalty $1 for every $2 that was taken from
me at age 67
If a disabled adult drew SSI, home income changed, father started drawing his SS then months returned to work. Disabled daughter loss her SSI and now draws SS. Father now has retired and will not return to work- Can disabled daughter return to SSI?
I doubt it because, even unearned income, such as, SSR counts when doing resources for SSI benefits. Is it the money, Medicaid or SNAP benefits that your family or daughter is needing, wanting or missing the most? If she isn't receiving much more than she was when on SSI, she should re-apply for everything. Good luck 👍
Hi can you see my writing? Im asking because I only see a few a few questions.
You said that one needs to file on their own record independently before you can file for survivor benefits,but the Social Security web site says you don’t??
Independently Entitled Divorced Spouse, yes. Survivor benefits, no.
I had heard military service is added stipend to Social Security is this true I am a veteran ???
Is there a max amount that can be rec’d?
I’m almost 67, have Medicare part A & B and TriCare for Life. Do I need anything else?
@@kkoson6705 You should be set. 👍🏽
Do you need part D? Or is that covered with TriCare for Life?
I think prescriptions are covered by TriCare for Life but haven’t tested it out! Will have to check!
@@kkoson6705 yes, please do. You don't want to get penalized for not having it, that wouldn't be good.
The SPOUSAL Benefit Increase More than makes up the lost $'s for early claiming. If a person starts his benefit at 63-64....For me it was over a $1200/mth increase for my wifes SS alone after I turned on my SS at 64... putting our married SS at $5600/mth. It is all simple Math if you know the formula/rules.
I want to wait 2 more yrs I'm 64 but I scared it might not be there
Where did the money go? If I put money in an account, then it should be there when Im ready to use it. Do they invest the money put into SS?
Biden gave it to Ukraine
The government has been “borrowing” from the fund for decades w/o paying it back.
The government takes it and gives you an i.o.u. hoping that you don't live long. 😮
My ex and I were married for 19 years, I remarried at 54. Will I be able to collect survivor benefits
No.
Not from your ex . Once you re married you lost his benefits. You can collect your new husband’s benefits.
Do i have earning limitation - ssd since 63 and now over 65
Depends on what year you were born. That determines your FRA (Full Retirement Age).
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What is the full retirement age if you were born in 1959?
66 years and 10 months
How does retiring at 60 after 28 years affect my SS amount at 62?
What are you going to retire at 60 from? Will you be living off of a Savings account? Because technically, you have to be 62 before you can "retire " and collect Social Security.
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If you don't have your highest 35 years of earnings, they put a zero for every year under 35 year earnings history. That will definitely affect PIA (primary insurance amount)
The basic Social Security benefit is called the primary insurance amount (PIA). Typically the PIA is a function of average indexed monthly earnings (AIME). SSA determine the PIA by applying a PIA formula to AIME. The formula we use depends on the year of first eligibility (the year a person attains age 62 in retirement cases).
You should check your earnings history, and your SSA account online where they list your estimated monthly amount. Remember your estimated monthly amount from 62 to 70 is determined on what you are currently making. So if you stop 2 years early to that estimate, those numbers will also change.
Can you collect your own benifits and your decreased spouses benifits?
No, only the higher of the two.
@@lynnhoffmann247 ok thank you
I work where my ss go
I was born in 4/26/1959 and they tell me I am not eligible for retirement until I am 67 and ten months.
Full retirement age for social security is 66 and 10 months if born in 1959.
@@joanclayton1181 Thank you Joan!
The average lifedpan was 63 when the retirement age was set at 65. Now people live into their 70s on average. How are payments cut if you can collect for an extra decade compared to when it was established? Evrntually you have to raise the FRA, it is just reality.
OR we can raise the requirement to pay into the SS fund to $400k instead of the present $168k. This simple act with no other changes will resolve the SS insolvency.
Born Nov 1959 and on ssdi what will happen to me
How are we suppose to survive???? This is horrific!!!!!!!!
you failed to plan?
i was born in 1959 how old do i have to be to retire
66 and 10 months.
Social Security showed since born on Sept,04,1959 full retirement is at 66 yrs and 10 months. But your saying this could change if they increase the age again?
I don’t believe so. I think it starts for those who are born 1960. You were born in 1959. So I think yours is 66 and 10 months unless they change that to. I was born in 1959 also
They would’t change for someone that close to full retirement would they?
@@brianl8752who knows. Only Trump and his team know
@@donnareed3822 Just look back to how they raised it in the past. Either monthly increments, or blocks of years, or both. Those closest to retirement will not change, or be very insignificant.
People lose more by taking their SS early, then if they raise the retirement age. Currently if you are born 1960 or later at age 62 that's a permeant 30% loss, with an earnings limit, unless you want to pay all the money back within the first year. Make a plan with your family, and or financial advisor. Whoever is in office should not change your lifelong retirement plans.
1938 - 65 years and 2 months
1939 - 65 years and 4 months
1940 - 65 years and 6 months
1941 - 65 years and 8 months
1942 - 65 years and 10 months
1943 through 1954 - 66 years
1955 - 66 years and 2 months
1956 - 66 years and 4 months
1957 - 66 years and 6 months
1958 - 66 years and 8 months
1959 - 66 years and 10 months
1960 and later - 67 years
@@brianl8752You just have to look back on how they raised it in the past, from 1938 and beyond. It was raised by monthly increments, or block of years. The closer you are to FRA the less insignificant the changes are for you.
If you need the money, then you need it, but more people lose by taking it early at age 62, and having an earnings limit. Currently if you are born 1960 or later, and take SS at age 62 you are losing a permeant 30%, unless you want to pay back all the money within the first year. That can mean leaving hundreds, on average $700 to 1k off the table every month. Also employment numbers can afford you a higher amount every month and potentially raise your highest 35 years of earning history, boosting your SS benefits.
Whoever is in office, should not change your lifelong retirement plans.
If you are taking SS early just because of a new person in office, that's not going to grandfather/shield you to future changes, or SS budget shortfalls.
Everyone should be more focused, and working hard to fix SS budget shortfalls now.
What if you were born in 1959 or lower??
I really don’t think Trump gonna cancel it
If I am still working and collecting, is there a hard reset at 65
How do I get sssdi iam 62 and work with horrible pain.
You can file for SSDI and SSI both online at ssa.gov. If you don't already have an account, you'll need to set one up. Good luck 👍
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I turned 67 this year and I went retroactive on my Social Security and received my retroactive pay on Social security, which went back to December 20 23 as I reached my full retirement age 66 and six months. Now they sent me the retroactive on Social Security, but didn’t take taxes out. What am I going to end up paying the IRS for that amount of money?
It is my understanding that they cannot tax you on retroactive payments, at least that was the case for me around 2008. It could have changed by now.
@@johnunderwood9575 taxes were not taken out on that so will that affect me having to pay taxes when I file for them in April?
@@victoriataylor8431if you have any earned income from 2024, the retroactive pay can cause you to pay taxes on it, if over a certain amount. And that amount is determined by your tax bracket for the filing year.
@@victoriataylor8431 I believe that you are considered to have already paid the taxes on that retroactive payment. But these days, it would probably be wise to assume nothing, and contact a tax specialist. Someone qualified to do tax returns should be able to answer you're question, otherwise contact the social security people and ask them directly. (I know, easier said than done these days....).
I was born in 1959 when is my full retirement age
66 and 10 months
I’m 62 but I know it’s67 I’m taking it early I had cancer twice in last 5 years I don’t know how much I have in Time I want to take one more day off 23,000 is not Alot but I make more then that so I can’t make more then 1900.00….?
@@bonnielizarraga7941not understanding your last question…
@@bonnielizarraga7941not sure what you are asking, but you have to be OVER your full retirement age depending on birth year. If you were born 1960 and up, FRA is age 67.
Can’t imagine a government supporting other countries and supporting ‘illegal migrants’ by the billions of dollars monthly, but then the government questioning investment increases into American citizens Social Security🤷🏼.
Uninformed comment. Son political when one has nothing to do with SS.
@ Tax payers pay taxes into SS. And the Federal government consistently warns that SS has financial challenges son.
Illegal migrants pay into social security billions each year even though they cannot reap the benefits.
Stop. He is helping us and we don’t need your propaganda
@ Learn to differentiate a narrative to an open non intrusive opinion before you share a pointless view. Think before you speak🙄
Government should cut all of our American taxpayor money being sent to Israel and Ukraine! Refund our money back!!💔🇺🇲
Our social security money was not sent to Ukraine nor Israel.
I agree! That money 💵 should be used to fund the Social Security Trust Fund instead!!!
@@Mslexus134 We the people do the funding. SS would be okay if the govt hadn’t borrowed from it & never paid it back. That being said, I agree with Dr. Ed that the SS tax should come out of every dollar earned by everyone. The cutoff of $168,600 isn’t enough to keep up since more are retiring than contributing.
@@Mslexus134SS is funded by current workers/ employers that pay FICA taxes thru their paycheck.
Amen so glad we the people are really now understanding what the heck is going on …. How the heck are they getting away with it!!A they they have giving it away to illegals … are they donating to social security .. or are they sitting on their butts!!
Ha Ha Ha "male pattern baldness" "I have my priorities" Ha Ha that was Funny!