How will my foreign pension impact my Social Security benefits?
Full question: I am a 72 year old dual UK-US citizen and draw about $2,000 in US Social Security monthly and pay taxes in the UK on an income of about $60K, including the US social security amount. I still work and I pay into a defined contribution pension scheme valued at about $50K, at…
Read MoreI have a foreign pension and I have 36 US work credits. Am I eligible for Social Security?
Full question: If I have 36 points in US Social Security, and have a pension from European countries that have totalization agreement with US, will I avoid the WEP if I DON’T fulfill the 10 year rule/40 points minimum, or will I be not eligible for US pension at all? Hi there, If you do…
Read MoreWill WEP affect my US benefits before I collect my foreign pension?
Full question: I’m an expat about to apply for early benefits (62 years old). I will also start start collecting a foreign pension when I’m 65. Will WEP affect my US benefits until I start collecting the foreign pension (for 3 years until I’m 65)? Hi there, If you are not yet collecting the foreign…
Read MoreWill my benefit be reduced based on my foreign pension?
Full question: I worked in Sweden 21 years before coming to America. I have full credits to qualify for each independently. My Swedish earning were not used to calculate my benefit amount for SS, only my US earnings. But my benefit has been reduced based on my Swedish pension. Is this correct? Hi there, We…
Read MoreDoes the WEP rule apply to my Social Security retirement benefit when I collect a pension from the UK?
Full question: Hi Martha, Would you be able to calculate what the WEP impact would be for my Social Security work payments while I was working USA (started taking at 62 once I retired and returned to UK ). I am looking at the impact if I decide to take my UK government retirement pension….
Read MoreWill a French pension impact a spousal and/or personal Social Security benefit?
Full question: Hello, Martha — my wife receives a Social Security check that’s based partly on her earnings ($500/month) and partly on a spousal benefit that brings her monthly payment up to half of mine. She is eligible for a small pension from France for work that she did before moving to the US. The…
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