Reduction of Retirement Benefits? Former SSA Manager EXPLAINS | PLUS FREE LIVE Q&A with Dr. Ed
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- Опубліковано 16 жов 2024
- Dr. Ed Weir, PhD, Former Social Security Manager, EXPLAINS how and if your pension affects your Social Security check.
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😃💯Who is Dr. Ed?
Dr. Ed Weir, PhD, Former Social Security District Manager; Former Family Services Specialist, Department of Social Services; Former Marine Corps Sergeant; University Adjunct Professor. Dr. Ed is one of the most experienced government benefits experts in the country and in his (semi)retirement, he has made hundreds of UA-cam videos in order to help seniors, the disabled, survivors, retirees, disabled children, spouses, and others in every state get the benefits they need!
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⚠️I am not an attorney, tax advocate, or currently affiliated with the Social Security Administration or any other entity of the US Federal Government. My advice and opinions are based on my decades of experience inside the government. The Social Security Administration is the final decision maker when it comes to your benefits.
#socialsecurity #medicare #seniorcitizens
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Hi Dr Ed,
I want to thank you for all of the videos that you post. I had put out a question to you yesterday, but continued looking until I found this one! Thanks!
This particular video answers one of my specific questions regarding a small pension that I started receiving when I turned 70. I didn’t even know that I had anything coming to me until the company that I worked for over 30 years ago gave me a call and let me know.
So happy that it will not affect my SS!
I just wanted to say how you do a great job of reading between the lines and filling in the blanks with some of these questions you get. It simply amazes me. Great Job!
I appreciate that!
You are so generous w your knowledge thank u.
I have a small SERS retirement pension. My ex-husband has Social Security that I am entitled to when I retire. However, Social Security will take 2/3 of whatever I get from my ex-husband‘s retirement. I did work outside the school system here and there and I did pay in Social Security over the years but I don’t qualify for any of that Social Security back. How will I ever survive once I retire?
Please join one of my LIVE FREE UA-cam Q&A sessions so I can give you a more accurate and complete answer. There are so many exceptions I don't want to give you an incorrect or partial answer. MORE HELP HERE: linktr.ee/MyGovExpert
Very important information, thank for addressing our concerns
Glad it was helpful!
I had a small IRA from my work in education that I had to pay a windfall on about 10 years ago , it will be ending next year. Will it make a difference in the amount of Social Security I receive going forward?
Thank you kind sir!
Very welcome!
I enjoy your videos with their real-life examples and solid answers. I wonder if some people think the 13% reduction you talk about is additional or coming in the future. Correct me if I'm wrong, but it's been known for years (1983) and has already been baked into any SS benefit estimate you get. Sure I'd like more $$, but it is what it is and no point lamenting what it could have been and causing unneeded angst in folks.
I agree. However, politicians are talking about doing it again, so I think it's important to make people aware of all the repercussions.
If losing an Advantage plan because of moving to another state, can I be disqualified for supplemental insurance in the new state of residence because of pre-existing conditions?
For FREE HELP with Medicare plans (Medicare Supplements, Medicare Advantage, Part D), please call my Medicare partner, Chapter Advisory, at (352) 841-0632. They will review ALL the plans in your area and go over ALL your options.
Might depend about the state. MA seemed to allow you to switch without underwriting.
I have left a message for your staff to call me regarding changes. No one has called me back to make an appointment when can I expect a phone call please?
Sorry to hear that! 100,000s will be losing their plans next year, so a lot of people need help. But we still have time, and we can't switch plans until Oct 15. Did you call this number? (352) 841-0632
If I stop working Dec 2024 with work related benefits that will stop. When I start Medicare part B, I heard you say previously we must stop HSA 6 months prior to having part B (just heard that). What happens now if I haven’t stopped my HSA until Oct
And not taking SS until age 70
I don't know if Dr Weir comes back to answer questions on past posts after the live vid ends. I'm not expert but I THINK you have to stop HSA 6 months prior to starting Medicare.. You may want to subscribe and get notified of next live vid and re-ask this question during that video.
@@tbarc1 thought I was in the live event lol
The Social Security benefits and the pensions should be two separate entities. They shouldn't deduct anything you've earned in your pension because you're on Social Security. You paid equally in both of them.
@@bethh4271 I 100% understand as I've done the same. His vids like this fairly well all start at 5pm for me and even though I have notifications, I'm still late to most. He is the best for honest, accurate info...and I'm betting he has a past vid devoted to HSA. If you can't catch a live, put HSA in the search and you very well may find definite answer.
I'm getting ready for the state of az. I retired from the state of az with a pension a year + ago and receiveda pension from the county of Maricopa. I get the SS benefits form from them stating what I will receive when I retire.
Medicare: I have medical insurance and getting ready for Medicare original and would like to keep what I have. I know I'm getting Medicare a and b. The suplimental part do I need them and can request them later or the following year?
Please join one of my LIVE FREE UA-cam Q&A sessions so I can give you a more accurate and complete answer. There are so many exceptions I don't want to give you an incorrect or partial answer. MORE HELP HERE: linktr.ee/MyGovExpert
The cola came out. 3.2 % is nothing. So where do they get these numbers because the politicians are not present in any of this. We only here about it, but the amount of the cola is low.. for 2024.
It's only 2.5% for 2025!!! 😢
@@vickiladu6755Then it really is nothing especially with a rise in Medicare not yet revealed.
Unfortunately, it's even smaller.
I'm curious what the cola should have been and how it should be calculated going forward
Hello I have pension from working 35 years in school as custodian.
I’m full retirement age 11/2/1957 🎉
I am working 30 hours week.
How do I come out ahead working.
I will make 23.000 yearly.
And my goal is not to work these hours just to pay 💰 taxes on it.
Guidance please. 🙏
Please join one of my LIVE FREE UA-cam Q&A sessions so I can give you a more accurate and complete answer. There are so many exceptions I don't want to give you an incorrect or partial answer. MORE HELP HERE: linktr.ee/MyGovExpert
I tried to email you and it came back as not valid ? Do I need to call your office instead ?
For FREE HELP with Medicare plans (Medicare Supplements, Medicare Advantage, Part D), please call my Medicare partner, Chapter Advisory, at (352) 841-0632. They will review ALL the plans in your area and go over ALL your options.
If you need help with Social Security, please join my FREE LIVE Q&A.
Thank you
What happens is you get laid off have UI but doctor says you should apply for Disability? I turned 65 in Feb this year was going to work another 5 years !
They take all your money with this set you up.