So we prodded a bit …
But you guys responded …
We asked and you sent …
GREAT Social Security Questions for our Event this weekend
Without further ado … here is the final list.. WOW!
- Last time we spoke you were VERY certain Social Security would be there for all of us upon retirement – With all of the changes, do you still feel this way?
- Can you explain the divorced verses divorced and remarried benefits?
- Have you ever heard of someone being offered a lump sum of retroactive Social Security benefits?
- November of 2015 ushered in new laws and changes, are there any neat techniques that survived?
- Can you explain non US citizen spousal benefits?
- We have been told many of the benefit statements are not always accurate, understating the actual eventual benefit, has this been your experience?
- How much can I earn and not receive penalties if I retire before my full retirement age?
- The Full Retirement Age keeps being pushed out, will this continue? Is there a schedule?
- How long do I have to report my Social Security earnings if they were not reported by an employer?
- For many years I did not draw on an ex-spouses earnings by accident – using only my earnings benefit, can I request some sort of look back to get my full benefits?
- If want to change my Social Security election decision after I made it and have been drawing benefits, Can I do that?
- Do I have to take Social Security Benefits ? What if I do not want to?
- Is it better to sign up in person or use the website, or does it matter?
- My wife is not a US citizen, does that affect her spousal benefits?
- Will Social Security always be there in your opinion?
- What percent of people take benefits early, at full retirement age and as late as possible?
- I am 65 and working with a good healthcare plan. I wasn’t going to sign up for Medicare until after I retire. However I am told a Medicare Part F; a supplemental plan eliminating deductibles, will not be available after 2019; Should I enroll and sign up for Part F?
- I was married for more than 10 years to a high income earner, if I get remarried to my new spouse who is not a high income earner, will I give up benefits?
- Have you seen any of the on-line Social Security Optimization Programs? If so, any you like better than others? (From JK)
- What are your thoughts about an income based phase out of Social Security in the future? Much like the penalty for W-2 income and having started early Social Benefits ? (From JK)
We will be forwarding this to Tom Clark shortly….
Great Work Guys!
Have a Great “Social Security Questions” Day!
John A. Kvale CFA, CFP