Search found 6 matches

by BBSinger
Fri Jan 13, 2017 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: Disability Widowers Benifit
Replies: 2
Views: 223

Re: Disability Widowers Benifit

Thanks for the info
Bob
by BBSinger
Fri Jan 13, 2017 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Disability Widowers Benifit
Replies: 2
Views: 223

Disability Widowers Benifit

If someone starts DWB at age 58 with a 28.5 percent reduction factor do they automatically go to WIB at age 60? Assuming they can stay on DWB does the benefit change to 100 percent deceased spousal PIA at FRA.

Thanks for any help. Have read poms can not find it in there.

Bob
by BBSinger
Mon May 13, 2013 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Monthly benefit with DRC [Soc Sec:Delayed Retirement Credit]
Replies: 2
Views: 492

Re: Monthly benefit with DRC [Soc Sec:Delayed Retirement Cre

Thanks for the reply. This is the point that I was confused on.

Is the DRC a percentage of the PIA, then added to the reduced RIB or is the DRC a percentage of the reduced RIB.

You appear to think it is the latter, I was not sure, thanks for the reply.

Bob
by BBSinger
Fri May 10, 2013 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Monthly benefit with DRC [Soc Sec:Delayed Retirement Credit]
Replies: 2
Views: 492

Monthly benefit with DRC [Soc Sec:Delayed Retirement Credit]

Assume I have a PIA of 1000 per month, my FRA is 66 and I take my benefit at 63. This would reduce my benefit by 20% to 800 per month. I then suspend benefits at 66 for two years earning 24 months of DRC which equates to a 16 percent increase. I assume my new monthly benefit would be (1000*.8) + (10...
by BBSinger
Fri Sep 02, 2011 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Is this [Social Security] claiming strategy legal
Replies: 8
Views: 1486

lThis is exactly the information I was looking for and it actually makes sense to me. Tlhank you for your time in answering my question.

BBSinger
by BBSinger
Fri Sep 02, 2011 11:58 am
Forum: Personal Finance (Not Investing)
Topic: Is this [Social Security] claiming strategy legal
Replies: 8
Views: 1486

Is this [Social Security] claiming strategy legal

Dan - 65 years old, assume FRA of 67, PIA = 2000/month Dawm - 62 years old, assume FRA of 67, PIA = 800/month Dawn files for RIB at 62 and recieves 70% of 800 or 560/month (Since Dan has not filed yet Dawn is not deemed to have filed for a spousal benefit because she is not eligible.} Dan - files fo...

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