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Ask Rusty: For Advice on When to Claim Social Security
Dear Rusty: I could use some advice on whether or not I should start collecting my Social Security benefits now. I am 67 years and three months old, and plan to continue working for at least for the next year or two. Signed: Seeking Answers Dear Seeking Answers: Deciding when to claim Social Security is, […]
Ask Rusty: Will My Wife Get a Spousal Benefit from Me?
Dear Rusty: I will be turning 70 this coming November. I will begin taking my Social Security (SS) benefit at that time. My age 70 SS benefit will be about $4,500 per month. My spouse (who is currently 74) began receiving her SS benefits about 10 years ago — before her full retirement age (FRA).
Ask Rusty: Why Aren’t I Exempt from Medicare Part B Premium?
Dear Rusty: Why, as I continue to work after age 65 and have FICA taxes taken from my check, am I (or anyone) also compelled
Ask Rusty: Shocked Because Medicare Increase Results in Loss of SS Benefits
Dear Rusty: My wife and I have taken a Social Security “cut” — no 3.2 percent raise for us, due to something called “IRMAA,” based on our income. We actually took, together, a $400 a month cut. As far as I can tell from what the Social Security Administration (SSA) told me, we are means
Ask Rusty: If My Wife Claims Now, Will It Hurt My SS Amount?
Dear Rusty: I am 69 years old, and my wife turned 70 recently. I am still working full time. My wife is not working, but she received a letter from the Social Security Administration (SSA), saying she should take her Social Security (SS) benefits as soon as possible. My question is: since my wife has
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.