Page 9 - Dear Rusty News Today

CNY ATD will hold an informational session regarding the CNY BEST Talent Development Program, recognizing excellence in talent development and the awards-application process

Dear Rusty: My 62nd birthday is in late August of this year. I would like to start collecting Social Security, but after reading about the need to keep my earnings less than $21,240 in the first year it doesn’t seem fair to those who have birthdays later in the year.

Rusty Dear Rusty: I am considered disabled by State of Washington doctors, but Social Security has turned me down three times when I applied for disability saying I don’t have enough work points. I am the wife of a retired, disabled veteran who served over 20 years in the US Navy. I raised three children,

CNY ATD holds an informal conversation around current and emerging talent-development topics.

Dear Rusty: I will be 67 [soon] and reached my full retirement age in July 2022. My wife and I are discussing whether we should take Social Security now or wait until we are age 70 to get a higher benefit.

As I understand it, I only need to sign up for Medicare Part B, which I think I can do now. Can I do this online, or do I need to go somewher

Dear Rusty: I was born in 1956 and my wife in 1961. I’ve got 45 years of SSA earnings, and I will have income in 2021. We have 4 minor children, the youngest born in 2012. When is the best time for us to apply for benefits? Are we eligible for family benefits? My statement infers that we are. Signed: Older Dad Dear Older Dad: Born in 1956, your full retirement age (FRA) for Social Security purposes is 66 years and 4 months. If you claim your SS benefit at any time before your FRA, it will ...

• Whether you are still working  When you should claim also depends upon your personal benefit goals. For example, if you wish to maximize your monthly SS benefit amount you can best do that by simply waiting until age 70 to claim. For each full year you delay past your full retirement age (FRA), your SS benefit will grow by 8 percent, up to age 70 when you get the maximum you’re entitled to. If you are married and die first, that will also provide your widow with a higher benefit as your ...

Dear Rusty:I’m almost 59 and hope to retire from working soon. Should I take Social Security as soon as possible, or wait for the maximum amount?Signed: Planning Ahead Dear Planning Ahead: I’m afraid there’s no simple answer to your question, except “it depends.” It depends on your health; it depends on your need for the […]

GREAT BEND TRIBUNE More By allowing ads to appear on this site, you support the local businesses who, in turn, support great journalism. Wife’s benefits not affected by husband’s state pension Social Security Matters Dear Rusty: I am 73 and receive a pension from my state’s Police and Fire Pension Fund. I took a full pension, so my wife only gets a widow’s pension when I die, and this is only a fraction of what my full ...