Friday, July 18, 2014

OFFICIALLY OLD

Today I filed my application to receive Social Security.  

But I feel pretty hip since I did it online.  As you may remember, I went to my local Social Security office on my birthday but they told me that I could only choose one account on which to draw and if I started at age 62, I would receive 75% of my PIA (primary insurance amount) or 75% of my deceased Mr. Ralph's PIA (3 times the amount of mine) .... forever.

WRONG!  

Last night my local Adult Community Center had a presentation on Women and Social Security.  WOW!  There were just six of us ladies listening to a financial planner who has the most informational PowerPoint slide show.  Even better than that ... he answered each individual question from his audience!

I am allowed to take my PIA early, with the penalty.  In four years, I can collect his at the full amount.  


TGIF!

3 comments:

  1. I hope he's right! That would be great. It wasn't for me when I took my Social Security at 62. And S.S. made the choice of whether to draw on my husband's account or on mine....I couldn't do both. Keep us posted!

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    Replies
    1. IF his benefit is higher than yours, you CAN switch now. Go back and re-apply!

      https://www.socialsecuritytiming.com/sstiming.cfm?page=advisors&logic=social-security-widow-benefit-explained&cobrand=sst&xor=sst

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  2. I should try that. He definitely made more money in his life time than I did.

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