How Do Distributions From a 401(k) Affect my Social Security Benefits? Q: I’m 62 and doing some retirement planning. Can you tell me how distributions from a 401(k) would affect my Social Security benefits? Does th ...
Category: Frequently Asked Questions (FAQs) about Social Security
Q & A: September 2019
Who Notifies Social Security When Someone Dies? Q: My grandfather passed away two months ago at 89, and my step-grandmother (who is 85) is having problems with dementia. Her son, (my step-uncle), who has power-of-a ...
Q & A: July/August 2019
Q: I recently received a notice from Social Security that says I’ve been overpaid because I earned more than the allowable amount. I started benefits at age 62 after losing my job. I finally found a new one and I’ve b ...
Ask The Advisor: July/August 2019
What Can Be Done to Address Social Security Cuts Experienced by Teachers? Q: A friend of mine who retired after 30 years of teaching recently learned that she will not be getting a Social Security widow’s benefit bas ...
Q & A: January 2019
How is the Tax on Social Security Benefits Calculated? Q: My spouse and I retired in 2018, and this will be our first tax season with Social Security benefits. Can you explain how Social Security benefits would affect ...
Q &A: November 2018
What Can You Tell Me About Retroactive Social Security Benefits? Q: I’m turning 65 soon, and I’m not employed since I was caring for my husband who recently passed away. I inherited our home and two retirement accoun ...
Q & A: October 2018
Q: Can you tell me how Social Security benefits are figured? I’m 63 and my wife is 61. Both of us are still working. A: Social Security benefits are based on your lifetime earnings, age at retirement, and number ...
Ask the Advisor: May/June 2018
Help! I’ve Been Told I Have To Return My Deceased Husband’s Last Social Security Check. Is This Really True? Q: My husband passed away on March 31st. I was told that I have to return his entire Social Security pa ...
Taxes Take A Growing Percentage of Social Security Benefits
(Washington, DC) – About 56 percent of all Social Security households pay taxes on a portion of their Social Security benefits, according to a national survey by The Senior Citizens League. “Recently enacted changes in ...
Q & A: Will my Social Security benefits be taxable?
Q: I retired last year, but my spouse continues to work. This will be our first tax season with Social Security benefit income. Will my Social Security benefits be taxable? A: If you’re receiving Social Security in ...
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