TheĀ Benefits Blog
The Benefits Blog provides expert insights, updates, and strategies on Social Security and Medicare, tailored for financial professionals looking to enhance their knowledge and better serve their clients. Stay informed with the latest developments and tips to maximize benefits for your clients.
Can someone remain on SSDI and Medicare when returning to work? Circumstance: 30-year-old male currently on Social Security Disability due to 3 kidney transplants (1998, 2005, 2019). This fall he returned to work part-time in a warehouse in a temporary seasonal job ending this month, and wonders if ...
I have an individual who turned 65 in January and was trying to sign up for Medicare Part A. He has 38 credits but realized his 1986 earnings are not presented on the statement from the SSA. He cannot locate his records – W2, tax return, etc. Do you know how to correct a statement that is that old? ...
This was a question I had never had before and was hoping you know the answer. I had a client ask me if they will still have Medicare taxes deducted from their paycheck once they are on Medicare.
Yes, your client will still have Medicare taxes deducted from their paycheck even after enrolling in Me...
Does a person pay a penalty when they re-enroll if they lose their Medicare status upon incarceration?
No, there is no penalty for re-enrolling in Medicare after losing Medicare status due to incarceration. Here’s how it works:
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Medicare Suspension:
- During Incarceration: Medicare benefits ar ...
My client, Jan, retired March, 2022. She was born 9/1956. She earned $118k Jan-March, 2022. She is a widow and planned to collect on her husband’s benefit until she turns 70 and will collect on her own benefit. She met with Social Security last March and was told she was approved for her husband...
I read an article that says that someone with a military background, mostly National Guard or Reserve forces, are eligible for additional SS wage credits added to their earnings record.
This was new to me but what I found was it looks like there was legislation passed in 2022 regarding Postal worke...