Social

Spouses Social Security Benefits

Sam and Alice had been married for forty five years when Sam passed away. Sam was collecting Social Security retirement benefits at the time of his death. ISSUE: Alice had been a housewife all her life and had never paid Social Security taxes. Alice wanted to know...

YOU BE THE JUDGE

John had retired at the age of 62 and was working part-time.  He understood that any earned income over $12,960.00 would result in his own Social Security benefits being reduced $1.00 for every $2.00 above that sum that he earned.  John was very careful to limit his...