Does 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 More
Will 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…Read More
Does WEP apply to my foreign pension?
Full question: Is my social security benefit wrongly reduced for WEP? I am retired and my benefit subjected for WEP, but there is no totalization agreement with Turkey where I worked before moving to USA. Does WEP still apply? Hi, Thank you for the question. Yes, the WEP rule still applies to if you are…Read More
Will my wife’s non-covered foreign pension be subject to the GPO?
Full question: My wife is Italian and will collect a work pension from a UK University which is non-covered, in terms of Social Security. I collect SS benefits for about 19 years of covered work in the US. Will my wife’s non-covered University pension be subject to GPO, and so reduced? Hello, Thank you for…Read More
I am getting conflicting information about foreign pensions from the SSA website and my local SSA office. Who is correct?
Full question: Hi, Martha, I understand that the WEP reduction for Foreign Pension cannot be more than 1/2 of the Foreign pension. That‘s even mentioned on the SSA website. Today, we went to our local SSA office and they said that the deduction up to 2/3s of the Foreign government pension. Who is correct –…Read More
Will my foreign pension lower my American Social Security benefits? What about my spousal benefits?
Full question: If my spousal SS benefit is higher than SS benefit based on own contribution (> 40 credit) would a foreign pension of a country with a totalization agreement lower US social security benefits? Hi, That is a great question. Generally speaking, foreign pensions do not affect Social Security spousal and survivor dependent benefits….Read More