Latest / Dr Ed Weir Show / Don’t Let the New SSA Rules Delay YOUR Check (Do THIS Instead)

Transcript

Don’t Let the New SSA Rules Delay YOUR Check (Do THIS Instead) · Dr Ed Weir Show

0:00
have to overcome. Let's uh let's see.
0:02
We've got uh all set up here. Again,
0:04
apologize for that. So, we're talking
0:05
about something very very crucial and uh
0:07
we've had some uh technical
0:08
difficulties, but we're back. So, we're
0:10
talking about the issues with the uh the
0:12
Social Security Administration. They're
0:13
doing some strange things, which is
0:15
actually good. There's some good news
0:17
and some bad news, but we want to make
0:18
sure you're doing the right thing. Um
0:21
give me a shout out and make sure we're
0:23
uh we're live here. This is uh so if
0:26
you're watching this a recording, I do
0:27
it live pretty much every day unless I
0:29
have technical difficulties, but hey, we
0:31
overcome those. Um and we answer all
0:35
kinds of questions you have about all
0:37
things Social Security, Medicare,
0:38
retirement benefits, disability
0:40
benefits, Medicaid, uh all of it. So,
0:43
make sure you ask any questions in chat
0:46
there and I'll be more than happy to
0:48
answer them. Okay, looks like we are
0:51
legit here. So, here's what's going on
0:53
with the Social Security Administration.
0:54
And uh when I worked at Social Security,
0:55
me and a bunch of other people said they
0:56
should have done this years ago, but
0:58
they're finally doing it, which is a
0:59
beautiful thing, but the transition is
1:02
going to be difficult for a lot of
1:03
people. And I've been hearing it already
1:05
that it's already difficult for a lot of
1:06
people trying to get in with Social
1:08
Security. It was always difficult even,
1:10
you know, before because Elon Musk and
1:12
Doge decided to, you know, vacate 7,000
1:14
people from the agency. So, the customer
1:17
service ain't there. And it's hasn't
1:19
been there even before. It was at a
1:20
50-year low before they even started,
1:22
you know, with their chainsaw, but now
1:24
it's even 10 times worse. And it's going
1:26
to be that way for a few months until
1:29
hopefully they get this system figured
1:30
out. But here's the issues you're going
1:32
to have to deal with. If you need to
1:33
bring documents down, if you've got a
1:34
new case, you're filing for Medicare for
1:36
the first time or retirement benefits or
1:39
disability or benefits or you need a
1:40
social security card or something like
1:41
this
1:43
because they're going to this national
1:44
system, which is a good thing, but it's
1:47
going to take some ironing out. um you
1:49
you take your documents down there and
1:52
they put it into the system. By the way,
1:54
the system, my regular viewers know that
1:56
I built I was on the team that built
1:58
that system before it started. But the
1:59
problem was never built for this. It's
2:02
going to go somewhere in the country and
2:05
like the like the ending scene of
2:07
Indiana Jones where they take the Ark of
2:09
the Covenant and they put it in this
2:10
giant warehouse. That's kind of how you
2:12
need to think about it. You take your
2:13
documents down there. Never leave your
2:15
originals. Make have them make copies.
2:18
stamp the copies that they're, you know,
2:20
they've been checked. That's how they do
2:22
it and they give your originals back to
2:24
you. But those documents that you
2:26
provide, it's going to go somewhere in
2:28
the country. And so if you call up and
2:32
say, "Well, I provided the documents."
2:33
They'll say, "Well, we don't know where
2:34
they are." They're there. They just
2:37
can't find them. So that's the issue we
2:39
have to deal with here for a while.
2:41
There's also people that are scheduling
2:43
appointments. I know if you're going to
2:45
be scheduling an appointment to file for
2:46
new, you know, retirement benefits,
2:48
disability benefits, Medicare, whatever
2:49
the case may be. I know you're going to
2:51
the system and you're doing it
2:52
correctly, but unfortunately a lot of
2:54
people aren't. They go into the system,
2:56
they schedule an appointment for
2:58
disability and they say, "Oh, it's not
3:00
going to be for two months. What if I
3:01
say I'm going to file for retirement and
3:03
then they go in there and file another
3:04
and and schedule another appointment and
3:06
another appointment?" That's the problem
3:08
we had at my office. That's why we my
3:10
office got rid of those. Remember you
3:11
used to walk into social security and it
3:13
had the little kiosks where you put in
3:16
your information. It punched out a
3:17
little a little, you know, little
3:18
ticket, little BaskinRobins, you know,
3:21
ice cream ticket. Yeah, those were
3:23
useless. We got rid of those. I got
3:24
yelled at all the time for getting rid
3:26
of those, but we did it a far far better
3:28
way. Um, where we actually asked you,
3:32
human beings said, "What are you here
3:33
for?" And it it turned out it it was so
3:35
much more proficient.
3:37
And but that's not how they're doing it.
3:39
They're just making you schedule your
3:41
own appointments and this is going to
3:43
delay the appointments even more. People
3:45
are going to be scheduled for it's like
3:48
who cares? It's a social security
3:49
employee. But social security my regular
3:52
viewers know social security officers
3:53
are broken up into three different
3:54
units. You've got the people the
3:56
generalists the consu the customer
3:58
service representatives that deal with
3:59
general issues. Then you've got title
4:02
two and title 16. Title two of the
4:04
social security act which I was before I
4:05
became a manager. did retirement
4:07
benefits, survivor benefits, Medicare,
4:09
Social Security disability insurance,
4:11
spouse benefits.
4:13
So, if you that's what you need and they
4:15
schedule with the right person, then
4:17
you're good.
4:19
The problem is you got people that are
4:20
scheduling with the other part, the
4:22
title 16, which is a welfare based
4:24
program, SSI, supplemental security
4:26
income, and they don't know retirement,
4:28
Medicare, spouse benefits, surviving
4:30
spouse benefits, social security,
4:31
disability insurance. They know SSI.
4:34
So, we're going to see a lot of that and
4:36
it's going to delay everything until
4:38
they get that figured out. And so, it's
4:40
going to be many, many months. Another
4:42
issue here is the shutdown. Um, you see
4:44
all those uh um news reports on TV like
4:48
Houston airport, they're being delayed
4:50
uh for hours and hours and hours. That
4:53
doesn't affect the Social Security
4:54
Administration. Uh um Social Security
4:57
are essential workers. People need their
4:59
checks. They need to sign up for
5:00
Medicare. They need a Social Security
5:01
card to work and all that kind of stuff.
5:03
So, they're essential workers. So,
5:06
Social Security isn't shut down. Um,
5:09
they don't have the staff that they
5:11
need, but they're not technically shut
5:12
down. Some if if they do shut down,
5:15
which I haven't heard, they they stop
5:17
the non-essential services, providing
5:20
work histories if you need a background
5:22
check or you're trying to get a loan or
5:23
something. Um, getting social security
5:25
replacement cards, which you can do
5:27
pretty much online, but all of those are
5:29
usually uh not an issue. Okay, we've got
5:32
some live questions and if you got any
5:33
questions on that, if you uh if you have
5:35
any issues throughout the country, we
5:36
like to get all those issues and then we
5:38
kind of pass them up and uh see what we
5:40
can do to improve the entire system. one
5:42
person uh in uh we were in our our our
5:45
previous they were they were uh I I want
5:49
to be clear on what we do here for those
5:51
new people and the people that are
5:52
regular viewers here is that someone um
5:57
was saying that uh um somebody
5:59
complained about people typing in on
6:02
chat hello and how you doing and how's
6:04
the weather and stuff like that. No, we
6:06
we encourage that. This is a community.
6:08
We've got a lot of people throughout the
6:10
country that join us on a regular basis.
6:12
and they say hello to each other and
6:14
they hey that's we want that. That's
6:16
that's what it's all about. It's about
6:17
developing a community and that
6:19
community making sure they're taking
6:20
care of other people by help them you
6:22
know navigate the bureaucracy and
6:24
getting everything they need and pay
6:25
for.
6:27
But it also serves another purpose. it,
6:29
you know, feeds these stupid algorithms
6:32
and it gets more views and then it goes
6:34
out to more people and more people get
6:36
help. And the people, the community that
6:38
are saying hello to each other and and
6:40
part of our community, they watch this
6:43
not because they want to see me blabber
6:45
on for an hour every day. Um, they have
6:49
already watched my videos several
6:50
several times and they know that their
6:53
benefits are good. They're getting
6:55
everything they're eligible for. Now
6:57
they're watching
7:00
to learn little tidbits of what's going
7:02
on and what type of other things that
7:04
are out there. And that way when they go
7:05
out into the world, they go out into
7:07
their community, they've got this
7:08
massive wealth of information that they
7:10
can go out there when they're in the at
7:12
a restaurant or in the grocery line and
7:14
they hear somebody talking and they say,
7:15
"Oh, wait a second. You should apply for
7:18
a DWB or IEDs or you need a MSP or
7:21
something. They've got all your PIA is
7:23
wrong. Did you check your PIA? Did you
7:25
check your sequ they they've got all the
7:27
information. So they are Yeah. So they
7:31
are awesome. We've got an awesome team.
7:33
Okay. We've got some uh questions here.
7:35
We've got a video question. People send
7:37
in video questions and uh let's go ahead
7:40
and watch the first one. It is a repeat.
7:43
This is a second followup. She was able
7:45
to find some benefits because of y'all's
7:48
awesome sharing in the community. So
7:50
let's let's see her followup here.
7:55
Hi, Ed. Um, it's me, Natalie again, uh,
7:58
Colorado. Uh, thank you for answering my
8:00
last question. Uh, I just do need, um, a
8:03
little bit more clarification.
8:05
So, she, um, she did call me back and,
8:09
um, she did say my benefits should have
8:11
started
8:13
uh, when my kids benefits started. And
8:17
um I did ask her as a family um as a
8:20
total family, would we have got more um
8:24
if I would have started my benefits
8:25
then? She didn't give me a clear answer.
8:27
She didn't. So um that was still up in
8:31
the air. Um I asked her about a lever a
8:34
letter that I had I never received that
8:36
I was eligible for benefits. Um,
8:39
so, um, but she said after the pay the
8:43
they'll send the paperwork to the
8:45
payment center and I should be getting a
8:48
letter. Then she also stated that the
8:50
kids' benefits will go down each 300. So
8:54
that will leave them about um a,000 each
8:57
and mine will my payment will also be
8:59
around a,000.
9:01
Um,
9:05
so I have very little trust in our
9:07
system.
9:09
>> Um, I don't know even know if that
9:11
sounds right. Even if it was wasn't
9:14
right, if I could do anything about it.
9:16
>> Okay. Yes, you could always do something
9:18
about it, but that sounds actually
9:19
right. So good. So, she had um she has
9:24
two children that are receiving benefits
9:27
and children can receive benefits if
9:28
they're under 18 or they became disabled
9:30
before the age of 22, they can receive
9:32
benefits based on their parents' record.
9:35
So, if a parent is receiving retirement
9:38
benefit, disability benefits, or a
9:39
parent has passed away, this is the
9:41
situation there. Um then the children
9:43
can receive benefits up until they're
9:45
18. And it looks as though she made a
9:48
video before and we we helped her out.
9:50
Um she got a call from Social Security.
9:52
It's called child in care benefits. And
9:55
it sounds like they missed they well
9:57
they yeah they doesn't sound like it.
9:58
They dropped the ball. Social Security
10:00
dropped the ball
10:02
at the time
10:04
the children were receiving benefits
10:06
that filed for benefits. The mother was
10:09
also assigned the representative payee.
10:11
So the representative pay is taking care
10:13
of the you know the benefits to make
10:15
sure the benefits of that money goes for
10:16
the children's welfare to take care of
10:18
the children. When those applications
10:21
happened the social security employee
10:24
should have also asked about child and
10:26
care benefits. What does that mean? It's
10:28
like okay you the children are receiving
10:32
benefits on another spouse. you are the
10:34
other parent
10:36
or stepparent and you are not working
10:42
your or you're staying under the the
10:43
annual earnings limit. This year it's
10:45
$24,480.
10:47
You have what's called child and care
10:48
benefits. You have children in your care
10:51
that are receiving social security
10:52
benefits. You can also receive social
10:55
security benefits on that same record of
10:59
that person that's receiving retirement
11:00
benefits, disability benefits, or
11:02
survivor benefits. They should have
11:03
addressed that. They didn't. Sounds like
11:06
they did catch it. Um, and they called
11:08
her up. And so, but here's here's the
11:11
issue in terms of the money. There's a
11:14
family max. There's a maximum that could
11:16
be paid out on someone's record because
11:18
you have to think about it this, you
11:19
know, if someone receives a retirement
11:21
benefits, disability benefits, or
11:23
whatever, and let's say they have a 100
11:25
children, and
11:27
the children get up to 50%. So, if a
11:31
person is receiving, let's say, $2,000,
11:35
50% of that is $1,000. So, each child
11:37
receives $1,000. If they have a hundred
11:39
kids, that's $100,000 a month. Yeah,
11:41
Social Security ain't paying out
11:43
$100,000 a month. Yeah, that ain't
11:44
happening. So, what they do is there's a
11:49
family max. They said, "Okay, based on
11:51
that person's work record, here's the
11:52
maximum that we can pay out on that
11:54
record." So, if you got 100 kids, the
11:56
family max we can pay out is $5,000. So,
11:58
you're going to have to break up that as
11:59
what? $200, whatever it calculates out
12:02
as. So, that's the situation with this
12:04
young lady. There's a family max. It
12:07
sounds like each child is getting
12:09
$1,300. So, the family max is $2,600 or
12:13
or well, there's 50%. So, each child is
12:17
getting 50%. Well, the the family max is
12:20
actually $3,000 because she says each
12:22
child was getting 1300. So the the the
12:27
parents um the deceased 75% because it
12:31
sounds like it's I I believe it's a
12:32
surviving spouse uh a surviving child
12:35
claim and surviving children get 75%. So
12:38
75% of the full benefit amount is
12:42
$1,300.
12:44
So each child was getting $1,300
12:47
and but she child in care should also
12:50
receive those benefits
12:52
and then that's going to reduce the
12:54
other children. They were receiving
12:56
1,300 now they're each going to receive
12:58
a,000 and she's going to receive a,000.
13:00
So in this particular case it's good to
13:02
file a per child in care even though it
13:03
reduces the children total in the house
13:06
is $3,000. So the family max is $3,000
13:09
the max. So each child is not receiving
13:12
75% they're receiving less. That's why I
13:14
always say they can receive up to 50% or
13:18
up to 75% because the family max type of
13:21
situation. So, so each one uh the entire
13:24
family is receiving $3,000. So, in terms
13:27
of the numbers, yeah, that sounds
13:28
correct. We just want to, you know,
13:30
double check and ask these two things.
13:34
Um, did you uh when you're talking to
13:37
these people, so is the PIA correct? Is
13:39
the and is the family max correct? the
13:42
FM AX as they call it internally. So
13:46
yeah, and then you can just do the
13:47
calculations. But yeah, it looks like
13:48
you're getting 2,600 um before and now
13:53
you're getting extra $400. So it's a
13:56
beautiful thing. It's that that sounds
13:57
correct. That sounds correct. [snorts]
14:00
But with the way they calculate it, but
14:02
that's that's sounds like a correct
14:05
calculation if the um the parents
14:08
benefit amount is correct and everything
14:10
in terms of they have all the earnings
14:12
have been recorded and everything. If if
14:14
that person worked last year
14:17
um and they just passed away recently,
14:20
then last year's earnings once they're
14:23
posted, that will also increase the
14:26
benefit amount and everything. if that's
14:27
one of those high 35 years, which I'm
14:30
sure it will be because the person
14:32
passed away so young. So, all right. So,
14:34
hopefully that answer your question and
14:36
yeah, just it it looks like they're
14:39
finally taking care of you. So, that is
14:41
a beautiful thing. Glad to hear that.
14:42
Glad to hear that. All right. Let's see
14:44
another question here.
14:47
>> Hi, Ed. I asked a question earlier and
14:50
realized I left out an important an
14:53
important piece of information. Um I
14:56
started um off early retirement with
15:00
disability which went into social
15:03
security benefit at age 62.
15:07
So I am on early retirement going into
15:11
social security at an early age. We now
15:15
both have met full retirement age. So, I
15:19
do not know if that affects as far as
15:22
getting a percentage of my ex-husband's
15:26
benefit, even though his benefit would
15:29
be less than mine. Uh, but I don't know
15:33
if I would still be eligible for 50% of
15:37
his full retirement age benefit. Um,
15:42
even though my
15:45
benefit is larger than his. So that's my
15:48
question is even though my
15:52
social security retirement is higher
15:55
than his since we now have reached full
16:00
retirement age. I'm 75 and he is 77.
16:04
>> Okay. So it doesn't sound like it
16:06
because your you already started your
16:08
benefits early at 62. Um and your
16:12
benefits are less than his. So doesn't
16:15
look like your benefit has to be
16:19
less than half of his. So if yours is
16:22
your full benefit amount. So I want to
16:25
make sure you're doing the right
16:26
calculation because you started your
16:28
benefits early at 62. So are you looking
16:30
at that number? That that's not the
16:32
number you look at. That's called your
16:33
MBA, your monthly benefit amount. People
16:35
make this mistake all the time and
16:37
there's could billions, probably
16:39
hundreds of millions of dollars out
16:40
there being lost by people. They they
16:43
check to see if they're eligible for
16:44
spouse benefits and they call their
16:47
spouse and say, "Hey, Bob, how much you
16:48
receiving?" "Oh, I'm receiving $2,000."
16:50
"Okay, mine's uh a th000, so that mine's
16:53
not less than half of yours, so I guess
16:55
there's no more money for you. What's,
16:56
you know, why do you even marry you?"
16:58
And yada yada yada. They're looking at
17:00
the wrong numbers. You're looking at
17:01
your check amount. And you might have
17:03
rece, you know, started your benefits
17:05
early, or the other person might have
17:06
started their benefits early, and they
17:07
might be having taxes withheld. uh they
17:10
might be having, you know, Medicare
17:11
withheld and all that kind of stuff. So
17:12
that's not the number you look at. You
17:14
look at your PIA, your primary insurance
17:16
amount. That's the amount you would
17:17
receive at your full retirement age. So
17:20
you're looking at the amount at 62 and
17:22
how much you're receiving. Don't look at
17:23
that.
17:25
Look at your full benefit amount. If you
17:26
don't know what it is, you can go
17:27
online, uh Social Security set up in my
17:29
Social Security account, and it won't
17:32
specifically say PIA. Um although so
17:35
they should add it because people are
17:36
going into social security and saying
17:38
PIA and social security employees are
17:40
like where are you hearing that from
17:41
from Dr. Ed's channel. So people are
17:44
getting yeah the idea which is
17:48
it it shouldn't have to be like that.
17:49
You shouldn't have to study social
17:50
security in order to make sure you're
17:52
getting everything you're eligible for.
17:53
You're supposed to go into social
17:54
security and they're supposed to help
17:55
you get everything eligible for. But
17:56
that's not happening. So that's why
17:58
anyway that's why we're doing this
17:59
channel. But if you if you can't get
18:01
into my social security, um if you get
18:03
in there, it will say it'll say your
18:05
benefits your full retirement age. But
18:07
your particular case, I would probably
18:08
call social security while you and your
18:10
husband are there and you know say,
18:12
"Hey, I just want to see if I can get
18:14
any money on this guy or this guy can
18:15
get some money on my record." Then they
18:18
will check both of your records. You
18:20
both have to be there. Give your social
18:21
security number and all that kind of
18:22
good stuff. And they'll see if there's
18:23
any money more money there and on from
18:25
either side. and they will go ahead and
18:28
if there's more money, they will go in
18:29
there and get you that money, set you up
18:31
an appointment to get you some more
18:33
money. So, all right, we got a question
18:35
here on um on Facebook. Penny, what's
18:38
up, Penny? Can my husband use his use
18:41
his insurance for supplement after he
18:44
retires? Okay. So, I if you're we're
18:49
talking Medicare type thing, once you're
18:51
65 or become disabled and after being on
18:55
disability for two years, you get
18:56
Medicare. But let's say 65 retire.
19:00
So, if you know you got other insurance,
19:03
retirement insurance or whatever like
19:05
that, more power to you. You know, if
19:07
you're the company's giving it to you
19:08
for free or whatever. But in terms of
19:11
Medicare,
19:13
you know, once you sign up for benefits
19:15
and you're 65, they automatically sign
19:17
you up for part A Medicare. That's zero
19:19
premium for most people. 99.9% of
19:21
people. Some people do pay for part A,
19:24
but I'm sure you don't. So part A is
19:27
zero premium. So that's not an issue.
19:28
You're probably talking about part B and
19:31
that monthly premium is $22.90.
19:34
So you're probably say, well, I have to
19:35
pay that if a retirement plan. This is
19:37
your decision.
19:39
If you don't sign up for it when you're
19:41
supposed to, if you decline it because
19:42
you have a retirement plan, you know,
19:45
that's your decision. But if something
19:47
happens in the future, you change your
19:49
mind, you need more coverage, your the
19:51
CEO of the company your husband worked
19:53
for decided to take off uh you know to
19:56
the the Cayman Islands and take all the
19:57
retirement funds, you know, with him and
20:00
and you have no more health insurance,
20:02
then you're going to come back to Social
20:03
Security Administration and sign up for
20:04
Medicare
20:06
and they're going to penalize you for
20:07
the rest of your life. 10% for every 12
20:10
months you did not sign up for Medicare
20:13
and you can't even sign up until
20:14
January, February or March during the
20:16
general enrollment period. So, kind of
20:18
FYI because a retirement health
20:21
insurance plan does not count as
20:23
creditable coverage for declining part
20:26
B. So if you while he's currently
20:29
working, so let's say he's 66 years old
20:31
working and he has insurance from work,
20:33
he doesn't have to sign up for part B.
20:35
Once he stops working, current work, and
20:38
stops receiving health insurance from
20:39
that work, his work or your work, it
20:41
could be their spouse, and that employer
20:44
has to have 20 more employees.
20:46
If that's good, that's credible
20:48
coverage. But a retirement plan is not
20:51
considered credable coverage to decline
20:54
Part B. So, just kind of FYI.
21:01
>> Hello. I'm 62. I am thinking about
21:04
retiring now. Um, I do understand that
21:07
there is a 30% permanent cut uh for my
21:12
funds being paid. Um, my question is, do
21:16
I understand that I would receive
21:20
up to 50% of my husband's
21:24
uh once he retires or can I also get
21:27
that now? I believe it's once I retired,
21:29
but I just wanted to be sure.
21:32
>> Yep. Um, yes. Under the old rules that
21:35
was before 2016, you could do kind of
21:38
this play around file and suspend types
21:40
up. You can't do that anymore. So for
21:43
current spouses,
21:45
you have to be receiving benefits and
21:47
your current spouse has to be receiving
21:49
benefits for you to get or him to get
21:51
spouse benefits on the other person's
21:53
record.
21:54
If it's a divorce type situation, here's
21:56
here's what people miss. They again
21:58
hundreds of millions of dollars out
21:59
there missed on this. It's called
22:00
independently entitled divorce spouse
22:02
benefits. This is not to answer your
22:04
question. This is for divorce spouse. So
22:07
you both people have to be receiving in
22:09
order to qualify for spouse benefits.
22:12
For divorce spouses,
22:14
people think that their ex-spouse has to
22:17
be receiving benefits. Incorrect.
22:19
There's too many people out there
22:20
waiting, twiddling their thumbs, waiting
22:23
for their ex to start benefits. And
22:25
their ex is saying, "Yeah, I'm not going
22:26
to start because, you know, because you
22:28
you know, um doesn't doesn't matter.
22:32
It's called independently entitled
22:35
divorced spouse benefits. independently
22:36
entitled as long as your ex as is 62
22:40
years old and you've been divorced for 2
22:43
years, you can file for benefits on
22:45
their record and they don't have they
22:46
don't know about it. They got no say in
22:49
it whatsoever. They just have to be 62
22:52
years old whether they filed or not. So,
22:55
and then you have to be, you know,
22:56
again, divorced and then you have to be
22:58
receiving benefits on your own record as
23:00
well. So, all right, learned something
23:03
new today. All right, drone. Although
23:05
I've worked over 40 years and earned 40
23:07
work credits. Yeah, you you earned you
23:11
get the 40 work credits being 10 years.
23:13
You get four every every year. They
23:15
don't all apply towards SSDI eligibility
23:18
because I had taken some extended time
23:20
off to care for my dad. Um well, no,
23:24
they yeah, it's um in terms of the
23:26
credits you're you know you that means
23:28
you're insured. That's not an issue.
23:30
What you're talking about is probably
23:35
the high 35 years
23:38
is counted. So the time you take off
23:40
with your to take care of your your
23:42
father, that's no, that's not an issue
23:45
because you've worked 40 years. So five
23:48
years of those don't even count anyway
23:51
because they only count your high 35
23:53
years. What they do is how they do the
23:55
calculation. Let me show the little
23:57
thing here. How they do the calculation
24:00
is they take your high 35 years
24:03
and so those other five years or you
24:06
know those years you took care of your
24:08
father they don't even count that in the
24:09
calculation. They just take 35 of your
24:12
higher years and then they they come up
24:15
with what's called the average index
24:16
monthly earnings. How much you earned on
24:19
average indexed for like a wage index
24:22
index to essentially kind of today's
24:25
numbers.
24:27
And then they say, "Okay, over your life
24:29
you made average of 2,000, 3,000, $4,000
24:32
based on kind of today's numbers." They
24:35
they don't make it today's numbers. They
24:37
make it at your 60 years old. But
24:38
anyway, I won't get into too much in the
24:39
nasty details. And then they take that
24:41
number and they multiply the step three.
24:43
There's this benefit formula to make
24:45
sure that social security benefits are
24:46
progressive. People that pay less into
24:50
social sec or less earned less
24:52
throughout their life and therefore paid
24:53
less into social security get a higher
24:56
replacement rate than people
24:59
who um made more. So I think I've got a
25:03
little chart here. Let me see where my
25:05
chart is. That if you make if your
25:08
average earnings throughout your life
25:10
was about $1,000,
25:12
then you're going to get probably like a
25:15
90% replacement rate.
25:18
If you earn $10,000 throughout your
25:21
life, your replacement rate is about
25:23
35%. Can't find my chart here, but
25:26
anyway, but that's it. So, some people
25:28
get 90% replacement rate and some people
25:30
get like 35% replacement rate depending
25:32
on and then there's 3% of the population
25:35
that the in social security inflation uh
25:38
the social security fairness act um they
25:41
get more than everybody else. Um yeah,
25:44
they get a higher replacement rate than
25:46
anybody else. is completely unfair, but
25:48
I'm going to stop droning on that one.
25:50
So,
25:51
um, yes, we do love, uh, Dr. Ed Blabber.
25:54
[laughter] Okay. All right. Sorry for
25:56
all the technical issues recently. The
25:58
chief death is power only one achieve.
26:01
Okay. Is it true that seniors have to
26:04
fill out a nu flyer?
26:08
Um,
26:09
in anytime I see those words starting,
26:12
is it true? It's probably some social
26:14
media Tik Tocker or someone or YouTuber
26:17
or someone or someone in social media
26:19
trying to get clicks and by Yeah. saying
26:23
some stupid stuff. I'm going to lose my
26:25
benefits by for defrauding the
26:26
government. That's my question. I hope
26:27
I'm being recorded. Okay. All right.
26:30
That's some uh Anyway, I would like to
26:32
know why they're asking me to verify my
26:33
ex's birthday. Filing for OIDS. Oh, yes.
26:37
Yes. that is sometimes
26:40
yeah um filing for independently
26:42
entitled divorce spouse benefits ieds it
26:45
is more a little bit more difficult
26:48
because if you file for expouse benefits
26:53
then your ex has already gone through it
26:57
to make sure you know they're in their
26:59
country legally they're a US citizen or
27:01
legally because contrary to politicians
27:04
saying this if you're not in this
27:06
country legally you cannot get social
27:08
security. Social Security, there's all
27:10
kinds of procedures to make sure only
27:12
people that are in this country legally
27:14
that can prove that they're in in the
27:15
country legally can get social security.
27:17
And I've gone over all the procedures
27:19
and so yeah, but politicians like to
27:23
politicians like to politic. Um, so if
27:27
your ex has already filed for benefits,
27:29
that means they've proved they're in
27:31
this country legally, that they're
27:32
they've been working legally, that all
27:34
their earnings are correct, that they're
27:36
they're the age that they're supposed to
27:37
be in order to collect benefits, their
27:39
age is proven, and all that kind of
27:40
stuff. So, they've already done that.
27:42
So, when someone like that goes in and
27:44
files for um divorce spouse benefits,
27:48
the other record is already set up. It's
27:50
already proven and everything. Easy
27:51
peasy. Done. No problem.
27:54
independently entitled divorce spouse
27:56
benefits is different
27:59
because the other person hasn't filed
28:01
and hasn't confirmed that they are
28:04
actually eligible for benefits.
28:07
So yeah, that's the extra jump the hoop
28:11
that you have to fall to jump through
28:12
and usually so that the person probably
28:15
wasn't born in the United States because
28:17
a few years ago they changed the policy
28:19
on this. If if you were born in the
28:23
United States, US citizen born in the
28:24
United States, your date of birth is
28:28
correct, you know, you say you were born
28:30
on, you know, March 11th, and um that's
28:35
what the record shows, then that's good.
28:37
But if you say, "No, I wasn't born, your
28:39
record says March 11th. I was born on
28:40
the 10th," then you would have to go get
28:42
your birth certificate, all that kind of
28:43
stuff. But for some reason, um, yeah,
28:47
your ex probably wasn't born in the
28:49
United States and therefore they have to
28:50
provide a birth certificate to prove
28:52
their date of birth and stuff. So,
28:55
[sighs]
28:57
you can push the issue and say for
29:02
personal reasons, none of your damn
29:04
business, but I don't want to contact
29:05
that person and try to get that person's
29:08
birth certificate or something like
29:09
that. If you can do it, go for it. But
29:11
if you can't, you just say, "No, for
29:14
personal reasons, it's none of your
29:16
business why. I'm not going to contact
29:18
that person. I don't know where they
29:19
are. I don't I'm not I'm not going to
29:20
pro I cannot provide that document. I
29:22
cannot prove that person's date of
29:24
birth."
29:26
And what they will do is they'll okay,
29:29
all right, we'll go on based of what we
29:31
have. It may or may not be right, but
29:34
we'll go on base what we have and we'll
29:35
go ahead and start paying your benefits.
29:38
However, if that person ever comes in a
29:41
month or a year or two years later and
29:43
then it turns out they weren't 62, they
29:46
were actually 52 years old and you
29:49
should have never received money, you're
29:51
going to have to pay all that money
29:52
back. So, yeah, that's uh yeah,
29:55
hopefully that helps kind of explain the
29:57
process. Is it true that now seniors
29:59
have to apply on an annual basis? Oh,
30:01
there was Oh, okay. That's a there was a
30:03
video. Oh my gosh, we spend so much time
30:06
here, especially with all this AI
30:08
garbage. Um, yeah. No, it
30:13
there
30:15
usually what they do is these videos out
30:17
there, they use the eligibility and the
30:21
the reporting responsibilities for one
30:25
type of benefit
30:27
and they say it applies to these people
30:30
who are not receiving that type of
30:32
benefit. So, if you're receiving
30:34
retirement benefits, Social Security
30:36
disability benefits, SSDI, spouse
30:39
benefits, divorce spouse benefits,
30:41
independently entitled to divorce spouse
30:42
benefits, disabled widows benefits,
30:44
surviving spouse benefits, no, it
30:47
doesn't apply to you if you're receiving
30:50
SSI, supplemental security income, the
30:52
welfare based program. Yeah, you they do
30:56
what's called RZ's, redeterminations,
30:58
because it's a welfarebased program.
31:01
Social Security employees, they check
31:03
every six months or every year to
31:05
confirm you didn't hit the lottery or,
31:07
you know, get a inheritance from a
31:09
longlost uncle. So, but
31:12
these social media people out there,
31:15
they either
31:17
are they know that it doesn't apply to
31:19
99% of the people, but they use it as a
31:22
hook to get Yeah. or they just don't
31:25
know the difference between SSI between
31:28
title two and title 16. So,
31:31
So, how long to get approved for Social
31:33
Security filed a month ago online? It
31:34
depends what type of benefits you're
31:36
talking about. Are you Did you file for
31:38
disability benefits? Then six to nine
31:40
months if you're lucky. If you file for
31:42
retirement benefits and all your
31:44
documents are proven it's no issue, then
31:46
shouldn't be that long. But well, now
31:48
with this national system that they're
31:50
going with, there's no telling where
31:52
your Social Security claim is. So, keep
31:55
me keep us posted on that. Let us know
31:56
how long you're taking there. I filed
31:59
for widows benefits yesterday under
32:01
normal circumstances
32:04
when I worked at social security. If you
32:05
came in and I was entitled to CS at that
32:08
time, which I've taken hundreds of
32:10
hundreds of thousands of retirement
32:11
claims, if you had all your documents,
32:14
your your your date of birth was correct
32:15
and your earnings record was correct and
32:18
everything was good and we addressed
32:20
your spouse or divorce spouse benefits
32:22
and all that kind of stuff, the
32:24
interview you sat down in front of me,
32:26
take 15 minutes tops, 15 20 minutes. If
32:30
it's clean, no issues. If you had, you
32:32
know, three X's, then it it's going to
32:34
take a while. But no issues, 15 minutes.
32:37
And then I said, "Okay, you're all done.
32:39
Starting next month, you're going to get
32:40
$1,275
32:42
on the third Wednesday of the month."
32:44
And you say, "Okay, cool." And you would
32:48
walk to the door about 15 ft and within
32:52
that 15t, I would have adjudicated the
32:55
claim and it would be done. And then I'd
32:57
move on to the other 400 people I had
33:00
waiting. So yeah, that's how long it
33:03
takes
33:06
before. So I filed for widow's benefits
33:09
yesterday.
33:11
I didn't found I didn't find out how
33:13
much I would get. The lady I talked to
33:15
said they would go back as far as it
33:17
will let her if if it's a great amount.
33:19
I will have to Okay. Yeah, widow
33:21
benefits um is good. This is a great
33:23
follow-up
33:25
or retirement benefits. Super super easy
33:27
like that. I would tell people and you
33:30
know people current employees do that
33:33
you're okay you're going to get 1,250
33:35
you're going to get 275
33:37
widows benefits surviving spouse
33:38
benefits those are kind of wonky concate
33:41
calculations some sometimes they're easy
33:43
sometimes they're not there's windex pas
33:45
and there's rim and there's all kinds of
33:48
variables on when the x uh did they
33:50
receive benefits did they not receive
33:52
benefits did they receive benefits early
33:53
were they receiving disability benefits
33:55
they are they were they eligible for
33:57
delayed retirement there's all kinds of
33:58
different variables. So, probably 50% of
34:02
the time, I never told people that are
34:04
receiving that I that filed for survivor
34:06
benefits, I didn't tell them how much it
34:08
was going to be. I I told them, "Oh,
34:09
it's going to be over a couple thousand
34:10
dollars, but I didn't tell a specific
34:12
amount because I would have to go back
34:14
to my desk and run the calculations."
34:16
So, I didn't want to, you know, tell
34:17
people something that was incorrect.
34:22
So,
34:23
you'll get the decision letter. So, so
34:26
that employee did, I think, did the
34:28
right thing in in the sense of didn't
34:30
tell you because they don't want to tell
34:32
you something that might not be accurate
34:33
until they take it back and take a look
34:35
at it and run all the calculations and
34:36
make sure they're all correct. And then
34:38
when they do all that, then they push
34:40
the button, it's adjudicated, then
34:42
you'll receive a letter in the mail and
34:44
it'll say, "Okay, yep, you're going to
34:45
receive a survivor benefits and here's
34:47
how much you're going to get." It's an
34:48
award letter. So, yeah. Um, too many
34:52
people the uh particularly new
34:55
employees, they tell people the number
34:58
and then then they say, "Okay, you're
35:00
going to receive $2,100." And then they
35:02
go back and it says, "Oh, it's only
35:03
going to be $2,000. I made a mistake."
35:07
They learn fast that because then the
35:08
person calls up, "They told me I was
35:10
going to be $2,100. How come I got
35:12
ripped off $100?" Yeah. So, can I delay
35:16
Social Security benefits at any time or
35:18
only after 67? Okay, so there's a few
35:22
ways. If you're under your full
35:24
retirement age and you just filed within
35:25
the last 12 months, you can completely
35:27
withdraw your claim and like it's never
35:29
happened, you have to withdraw it and
35:31
pay all that money back. If you are
35:34
under your full retirement age working,
35:36
you then you contact Social Security and
35:38
do a work report and Social Security
35:39
will will withhold your benefits $1 for
35:42
every $2 you go over. And so that's one
35:45
way to suspend your benefits. And I've
35:48
got a question here that uh I'll play up
35:50
here that kind of feeds into that.
35:53
If you are approaching your full
35:55
retirement age or over your full
35:56
retirement age, then you can request
35:58
what's called a voluntary delayed
36:00
retirement credits. And that is
36:03
basically Let me show this video here
36:05
because he has a question that dovetales
36:07
perfectly with your question about
36:09
delayed retirement credits. So you can
36:11
Yes. So let's watch this young man.
36:14
>> Hello Dr. Wear. longtime listener, first
36:16
time caller. I recently spoke to with a
36:19
social security representative. She
36:21
actually called me back twice to follow
36:23
up, which I really appreciate. However,
36:25
we both felt a little unsure about the
36:26
final answer. So, I wanted to ask you
36:28
for clarification. My question is about
36:31
DRC.
36:33
If someone begins collecting social
36:35
security about 6 months before their
36:37
full retirement age, I understand they
36:39
will incur a permanent reduction for
36:41
claiming early. But if that person goes
36:43
back to work within a year and then
36:45
reaches the full retirement age, would
36:47
they still be able to collect the DRC's
36:50
from that point forward if they suspend
36:52
their benefits? I also understand that
36:54
another option could be withdrawing the
36:57
application within the allowed time
36:59
repaying the benefits received, which
37:01
would allow the person to restart later
37:03
and potentially receive the full DRC's
37:06
of about 8% per year until the age of
37:09
after 70. Right.
37:11
Uh so I'm mainly looking for
37:13
clarification on whether someone who
37:15
claiming six months early can still earn
37:18
the DRC's after reaching fraud by
37:21
suspending benefits. Thank you again for
37:24
your time.
37:25
>> All right. Yes, you can. It's called
37:26
voluntary delayed retirement credits.
37:28
And if uh you know by suspending
37:30
benefits, so if you you know file six
37:32
months early um and you get your
37:34
benefits suspended because you're going
37:36
over the annual earnings limit, which is
37:38
different the year you reach your full
37:39
retirement age at $65,160
37:42
this year. But if if you get your
37:44
benefits suspended before your full
37:46
retirement age because you go over that,
37:48
then your benefits automatically get
37:50
released at your full retirement age.
37:52
So,
37:53
but
37:55
if and the other option you're kicking
37:58
around is withdrawing your claim. You
38:01
again you withdraw your claim and
38:05
they send you a bill. They said, "Okay,
38:08
you filed 12 months ago and you've
38:12
received 12 checks and you're you want
38:14
to withdraw that claim like it never
38:16
happened, but we paid you for 12 months.
38:18
So once you pay us that check and your
38:20
check clears the bank, we'll consider
38:22
it, you know, that we that it never
38:25
happened. So you start fresh in the
38:27
future.
38:29
But in your case, you're talking about
38:30
voluntary delayed retirement credits.
38:32
Yeah. If you're approaching your full
38:33
retirement age or you're over, then you
38:35
contact Social Security. And and this is
38:38
requires a little push because social
38:40
not a lot of people know about this. Not
38:42
a lot of people do it. So Social
38:43
Security employees don't run into this
38:45
very often.
38:47
It's called voluntary delayed retirement
38:49
credits. Voluntary delayed retirement
38:51
credits. So you tell Social Security
38:53
says, "Hey, I want to delay my benefits,
38:57
VDRC's."
38:59
And the people at the front window, the
39:01
generalist, they're not going to know
39:02
what you're talking about. You just tell
39:04
them, "I need to speak to a a T2T." You
39:08
say it like that. A T2T. if if if Elon
39:11
Musk didn't fire that person because
39:13
they the most experienced people at
39:16
Social Security were kicked out by Doge
39:18
and Elon Musk. Um yeah, but
39:22
hopefully they have someone that knows
39:24
and you just say, "I want to
39:28
talk about VDRC's
39:31
with a T2T."
39:33
And then if you say it that way, um
39:37
yeah, you you'll get some uh you'll get
39:39
some satisfaction. A title two, title
39:41
two of the Social Security Act, uh
39:43
retirement benefits, survivor benefits,
39:44
Medicare, disability, a TE is a
39:47
technical expert. So the people at the
39:49
front window are not going to know what
39:50
you're talking about. the regular title
39:53
the regular title two people the CS's
39:55
the claim specialists hopefully they
39:57
would but the I'm c I'm certainly
40:00
hopeful a technical expert would and you
40:03
just said hey um I want to go ahead and
40:06
suspend my benefits because I want to
40:07
get that extra 8%. So stop my benefits
40:11
effective with uh this age and um I'll
40:16
call you later when I want it
40:17
unsuspended. So as 68 I get that 8%
40:21
maybe I'll restart my benefits at 68 or
40:23
maybe I'll wait till 70 to get all 24%
40:27
8% every year. So, it really depends on
40:30
your situation. So, that's the voluntary
40:32
delayed retirement credits. And again,
40:35
um it just you just need to push a
40:37
little bit more on that one.
40:39
>> Hello, Mr. Ed. My name is Mary. I have
40:42
been on disability since 2012. I was
40:46
married to my ex-husband for 16 years.
40:50
We've been divorced 13 years. I am
40:53
wanting to
40:55
uh draw on his social security when he
40:58
makes 62 of August this year. I am
41:02
currently 65 years old. Um, can I draw
41:07
under him and still collect my
41:09
disability or do I have to file for my
41:14
retirement under my social and then get
41:18
the difference from his social security.
41:21
Um, I would appreciate whatever answers
41:24
you can give to me on this. Uh, I really
41:27
appreciate uh what you're doing here.
41:30
Thank you.
41:31
>> All right. Thank you very much. We
41:32
appreciate you going out there and
41:34
sharing the information and helping
41:35
other people with the same information.
41:36
Okay, so yeah, this is a big one.
41:38
Hundreds of millions of dollars every
41:40
year being lost by this one. Um yeah, PX
41:43
says definitely buy some uh steak and
41:45
lobsters with all the money lost out
41:46
there. But anyway, um, so the you're
41:51
receiving disability benefits on your
41:53
own record. And if your benefit amount,
41:56
your full benefit amount is less than
41:57
half of his full benefit amount, yes,
42:00
you can get benefits as long as he is at
42:03
least 62 years old. He doesn't have to
42:05
be receiving benefits. as long as he is
42:07
at least 62 years old and your benefit
42:10
amount is less than half of his and you
42:13
in this particular case if he's if he's
42:15
not starting benefits you just you're
42:17
eligible because he turned 62 you also
42:19
have to be divorced for two years.
42:21
That's the only that is only for this
42:23
independently entitled divorce spouse
42:25
type of claim. The two years divorce
42:27
thing.
42:29
So, you continue to get your disability
42:32
benefits. And a lot of people see that
42:35
they're eligible for more money out
42:36
there on a divorced spouse or a spouse
42:38
or something like that, but they say,
42:39
"Yeah, I I'll get an extra two or three
42:42
$400, $1,000 on my ex or my spouse, but
42:46
because I'm receiving disability
42:47
benefits and I'm 62 years old, if I if I
42:50
get off of disability, I'll lose my
42:52
Medicare." That is 100% incorrect.
42:54
You'll continue to get disability
42:56
benefits. And because you have
42:58
disability, you'll continue to get
42:59
Medicare. It's not an issue for you
43:00
because you're 65, but a lot of people
43:03
that are 62, you know, don't know that.
43:05
And what happens is you'll continue to
43:08
get your benefits and then you'll get
43:10
the difference between. So, if let's say
43:13
your benefits is $1,000 a month and
43:17
you're uh you're eligible for $1,500
43:21
from your X, then you'll continue to get
43:24
your,000 plus the difference. So, an
43:27
extra $500 for a total of $1,500. And
43:30
because you're still you're getting
43:31
$1,000 from yours, you're getting it
43:33
from disability and it'll continue. And
43:35
then you get an extra $500 from that
43:37
person. Um, yours won't be reduced, you
43:40
know, completely because you're 65 now.
43:43
So, the closer you get to your full
43:45
retirement age, the less decrease of
43:47
those spouse benefits. And then once you
43:50
reach your full retirement age, you
43:52
won't be on disability and spouse
43:54
benefits. you will be on retirement and
43:58
divorce spouse benefits. Um, so once
44:02
you're there, then you don't have to
44:04
worry about CDRs and working limitations
44:07
and stuff because you're on regular
44:08
retirement.
44:10
Garen, plan on taking social security
44:12
when I turn 62 this year. Wife is 56,
44:15
working part-time, and have a
44:17
nine-year-old. Can I apply for my
44:19
daughter benefits and my wife for
44:20
auxiliary child and care at the same
44:22
time I apply? Absolutely.
44:25
Except for the part about working
44:27
part-time, the age doesn't matter. Uh a
44:29
child in care, as we saw that video, a
44:32
child in care, it doesn't matter how how
44:34
old they are. So, as long as there is a
44:37
ch a child under the age of 16, um you
44:41
can get the child in care benefits. I
44:43
want to make sure. Did I want to did I
44:44
tell that lady? Yeah. Under 16 for child
44:47
and care benefits. But the working part
44:49
is the issue there. um she's still
44:54
limited because she's going to be
44:56
receiving benefits. She's still under
44:58
the annual earnings limit limitation. So
45:01
for this year, it's the $24,480.
45:04
So if she's working but making under
45:06
that, then absolutely she can file for
45:08
the child and care benefits. Absolutely.
45:10
At the same exact time. Yep. Um do we
45:13
have to reapply on an annual basis? No.
45:15
No.
45:17
Unless you're on SSI, the welfare based
45:19
program, and then you don't reapply. You
45:20
just do what's called a redetermination,
45:22
RZ as they call it internally. Dr. Wear,
45:25
thank you for all this beneficial
45:26
information. I'm learning greatly. Once
45:28
filing for SSDI, does it take a year to
45:30
actually receive it? It really depends
45:32
on your situation. Um, hopefully it
45:35
takes a long time. Why' I say that?
45:38
Because if I've taken many, many claims
45:42
that were approved the same day, the
45:44
next day, within a week, and those
45:46
people terrible car accident, stage 4
45:49
cancer, just, you know, slam dunk, you
45:52
know, it was picked up by the the
45:55
disability algorithm and it said, "Oh,
45:57
yeah, this person is, you know,
46:00
so if if you're in that bad a shape, um,
46:05
which hopefully you're not, then it'll
46:07
take a
46:08
or a week. Um, but if hopefully you're
46:12
not, it will take longer. But yeah,
46:15
that's it's a bad way to put it, but
46:16
that's kind of the reality. And but it
46:18
none of them should take as long as they
46:19
do. Right now, we're looking at probably
46:22
3, six, nine months
46:24
to get an approval in the first stage,
46:26
which is completely unsatisfactory. It
46:29
shouldn't be like that, but that's the
46:31
way the politicians set the things up. I
46:33
like to find out whether or not it's
46:34
true that those has all our social
46:36
security data and how we're supposed to
46:38
know that that we're still protected
46:40
still. Yeah. Um I just Yeah, I just read
46:44
the article about that Doge guy putting
46:46
all the social security data
46:48
particularly one uh particular database
46:50
called the Numadent which has all which
46:52
has your name and social security
46:53
number, where you were born, your
46:54
parents' name, your mother's maiden
46:56
name, your citizenship, when you got all
46:58
your social security cards. Um yeah, he
47:01
put it on a thumb drive and he took it
47:03
out of social security and said he's
47:04
going to use it and for his next job. So
47:08
yeah, and that's the second time another
47:10
another Doge employee put it everybody's
47:12
data up on a unprotected server and this
47:15
has never happened. You know, people
47:17
say, "Oh, no, that that happens all the
47:18
time." No, it doesn't. Not with social
47:20
security. With social security numbers,
47:22
yes, but not social security itself.
47:23
You've got everybody and their mother
47:25
out there has social security numbers.
47:26
you know, your credit reporting in the
47:28
bank and this um, you know, mortgage
47:31
company and hospitals and credit card
47:34
companies and they, you know,
47:37
accidentally releases stuff all the time
47:39
and you hear about it all the time, but
47:41
Social Security has never really had a
47:44
mass breach like this um, until Doge
47:47
came in and Yeah. but I guess that's not
47:50
considered
47:52
a unintentional breach. These were Yeah.
47:57
It was reported on Substack with Aaron
47:59
that does has gone through and taken all
48:02
doses and millions of social security
48:03
recipients data. Yeah, I saw that too.
48:06
And that's one of the things where
48:08
they're going to say, "Oh, there's
48:09
nothing to see here. We found it. It's
48:10
no issue." And we're not going to know
48:12
about it until two, three, four years
48:14
later when they put some special
48:16
committee together in Congress and
48:17
investigate it and then they determine,
48:19
oh yeah,
48:21
yeah. So, I made a video a while ago
48:24
when I talked about that when the when
48:25
the first breach happened. I says, "Hey,
48:28
you know these guys that did that? These
48:30
are Doge guys. Who hired these guys?
48:31
Elon Musk. Who's the richest guy in the
48:33
world? Elon Musk. Maybe you should
48:35
rectify, buddy. Just Just putting it out
48:38
there. You put these guys in charge.
48:40
They released everybody's information.
48:42
And if it turns out that, you know,
48:45
there's issues, then it's going to cost
48:48
hundreds of millions of dollars to
48:50
reissue social security numbers to
48:51
everybody. And if we're going to do
48:53
that, I think we ought to come up with a
48:55
better system and say, "Okay, social
48:57
security uses a social security number."
49:00
And then everybody else in the world
49:02
uses a different number. You can you can
49:04
you can continue using the old social
49:05
security number since y'all used it. You
49:07
shouldn't have used it. You know, that
49:08
was a social security number since 1935.
49:11
That was the social But we're going to
49:12
use a social security number and you can
49:14
use his old social security number.
49:15
That's going to cost hundreds of
49:17
billions of dollar hundreds of mill
49:18
billions of dollars. However it's going
49:20
to cost and I think uh Elon should foot
49:23
the bill for that because it was yeah
49:25
the buck stops with the person at the
49:27
top. So anyway, just throwing it out
49:30
there. Elon, if you want to come on,
49:33
come on. You know, we'll talk about
49:35
those millions of dead people zombies
49:36
that receiving Social Security benefits,
49:38
which you did admit on Joe Rogan that
49:40
that was incorrect. You did it in a very
49:42
small, you know, and then you came up
49:44
with another BS thing to kind of cover
49:46
your Anyway.
49:48
All right. I'm going to be trashed on X
49:50
on this one, aren't I? So, um, my ex
49:53
hasn't been forthcoming in his PIA. I
49:56
have a 38-year-old son living with me.
49:59
He's disabled. I provide for him other
50:01
than his rent for me. He gets that from
50:03
the VA. Yeah, you don't need to get your
50:06
the PIA from your ex. Just call Social
50:08
Security. And if you're looking for
50:09
benefits on that person's record,
50:11
whatever, um, you just ask Social
50:13
Security and they'll they won't give you
50:15
the information per se, they're, you
50:17
know, they have security protocols,
50:20
unless you're talking to a Doge person.
50:22
Um, but
50:25
when you call for something like that
50:27
for expouse benefits, divorce spouse
50:29
benefits, and stuff like that, I want to
50:30
see if I'm eligible for benefits on that
50:32
person's record. Let me call Social
50:33
Security. And if you don't have the
50:34
Social Security number, no problem. You
50:36
just tell in the person's name, where
50:38
they were born or how old they are,
50:40
where uh where they were born, uh as
50:43
best as you can. I I I've I was always
50:46
able to find a social security number.
50:49
And then they won't give you the social
50:50
security number.
50:53
They'll say, "Okay, you want to file for
50:55
Okay, I found I found the record of this
50:56
person who you're talking about, John
50:58
Smith in Dallas, Texas. I found the
51:00
record. So, you want to see if you're
51:02
eligible for spouse divorce spouse
51:03
benefits on that person's record,
51:04
right?" Yep. That's what I want to do.
51:06
Okay, let me look at your benefit
51:07
amount. Let me look at his benefit
51:08
amount. No, you're not.
51:11
Bye. You know, that's it. And there's a
51:15
that's at that time you're not eligible.
51:17
Could change in the future. A lot of
51:18
people miss that one, too. If you are
51:21
eligible, they won't say, "Oh, okay.
51:24
Looks like you're eligible. Here's a
51:25
social security number. Here's the
51:26
benefit amount." They won't tell you
51:26
that. They're not supposed to tell you
51:28
that. They'll say, "Oh, it looks like
51:30
you're eligible for money. Let's go
51:31
ahead and get you an appointment set
51:32
up." And then they set up an
51:34
appointment. Even then, they won't tell
51:35
you the social security number,
51:36
obviously the person, and they won't
51:38
tell you how much that person's full
51:40
benefit amount is, but you can
51:42
guesstimate it. You're like, "Okay, um,
51:46
you know, the full the full benefit
51:47
amount, full benefit amount, the PIA, if
51:50
they waited till the full retirement age
51:52
for that person is $3,000." They won't
51:53
tell you that person is eligible $3,000,
51:56
but they'll say, "Hey, you're your full
51:57
retirement age, so you're eligible for
51:59
50% of that person's benefit, which is
52:01
$1,500."
52:03
So you're like, "Oh, 50% 50 $3,000."
52:07
Okay. So So they're kind of cy about
52:09
that. So and rightly so, unless you talk
52:12
to a Doge person and they'll tell you
52:13
everything. They I gave them his social
52:16
social and birth date and where he was
52:18
born. Yeah. So they found the record.
52:19
That's not the issue. Um they um so Dana
52:24
independently entitled divorce spouse
52:26
benefits. But so they they found his
52:28
social security number. That's a start.
52:30
But because he probably wasn't born in
52:32
the United States, they need to prove
52:34
his date of birth because he hasn't done
52:37
it yet because he hasn't filed for
52:38
benefits. So yeah, that's
52:41
again, you can push it, but if it turns
52:44
out his date of birth is wrong and he
52:46
wasn't entitled or he was his bene, you
52:48
know, his benefit should have started
52:49
earlier or later, then yeah. um drone, I
52:53
was told that 20 of those work credits
52:55
needed to be over the last Okay, you're
52:57
talking about the other
52:59
um disability status. So, when you file
53:02
Okay, I I see what you're coming here.
53:05
Appreciate you follow the follow-up
53:07
question. So, for filing for Social
53:09
Security disability insurance, SSDI, you
53:12
have to be insured in two ways.
53:15
you have to get the the 10 years of, you
53:18
know, work, 40 quarters, unless you're
53:20
young, different, but that's not you.
53:23
Um, you're young, but not that young.
53:26
And then you also have to be what's
53:27
called DLI, date last insured. So, you
53:32
had to work five out of the last 10
53:34
years before you became disabled. So
53:37
that sounds so yeah that's um that
53:40
sounds like you mentioned that you were
53:43
taking care of your father and therefore
53:47
you didn't work the last few years and
53:50
that made it to where you're not
53:52
insured. So the the philosophy the the
53:54
way the reason Congress set this up is
53:58
why you have to have two insured
54:00
statuses is the way I always explain it.
54:04
Let's say you're in your 20s and 30s and
54:06
you work and you earn your 10 years, 40
54:08
credits and you're all good. But then
54:09
you take the next 30 years off and you
54:12
go traveling the world and you don't
54:13
work and then you, you know, get, you
54:17
know, hurt yourself skydiving in
54:19
Aquapulco or cliff diving in Aquapco or
54:21
whatever and you come into Social
54:23
Security and says, "I can't work. I'm
54:25
disabled." And they said, "Well, you
54:26
haven't worked in, you know, 20 years."
54:27
You know, so that's kind of the the
54:29
extreme case. Um but yeah, you had to
54:33
work five of the last year year. You
54:35
have to prove that your disability, your
54:38
AOD is before your DLI.
54:41
Yeah. Your alleged onset date when you
54:44
said you became disabled. So, if you
54:46
became if you're saying I became
54:48
disabled March 1st
54:52
and then they look at your record and
54:54
they say the last day you were insured
54:57
for benefits for disability was February
55:00
28th. So, they'll deny you because your
55:04
alleged onset date, your AOD is after
55:08
your date last insured. So if you would
55:10
have said like for instance okay your
55:13
your date last insured was February 28th
55:16
and you say well I became disabled
55:19
February 1st or February 27th and
55:21
they'll say okay all right so you you
55:24
came in just under the under the wire.
55:26
So that's the issue. Um so they can't
55:30
change your DLI your date last insured
55:32
unless
55:34
your earnings record is incorrect.
55:37
If they say you be the the date last
55:40
insured because you had to work five out
55:42
of the last 10 years. They It's a weird
55:44
calculation. I wouldn't do it myself.
55:45
It's, you know, you just let them do it.
55:48
But you have to make sure your earnings
55:49
record is correct. So check your
55:51
earnings record and say, "Oh, no, wait a
55:53
second. I worked two years ago, three
55:54
years ago, and and the earnings record
55:56
here. Here's my W2. Let's go ahead and
55:57
stick that in there." You stick it in
55:58
there. Oh, new date last insured. Okay,
56:00
you're good. So, make sure your earnings
56:02
record is correct. If it's 100% correct,
56:05
then your date last insured is in is
56:08
correct and then you just have to prove
56:11
that you became disabled
56:14
before that date. So,
56:17
Cheryl, I've been spreading the word
56:19
about your channel. I've learned so
56:20
much. No questions today. Just saying
56:21
thanks for everything. Oh, thank and we
56:23
thank you for spreading the word and
56:25
getting the information out there. So,
56:27
we're going to put a testimonial page on
56:29
our our new website that we're coming up
56:30
with. So, we need stuff like that that
56:32
says, "Oh, I learned this and I helped
56:35
myself and I got more money or I learned
56:37
this and I helped this lady in the
56:39
checkout counter and she needed this and
56:41
she was able to do this, that, and the
56:43
other." So, that's what we're looking
56:44
for. Uh, Linda, 61 days and still
56:47
waiting for SSI decision. California.
56:49
Yeah, that's you. Yeah, it's going to
56:53
take a lot longer than that,
56:54
particularly in California. Um, but
56:57
Linda, 61 days. Have you reached out to
57:00
DDS, the claims examiner at DDS? Um, I
57:04
would probably do that because you filed
57:06
for disability benefits. You filed at
57:08
your local Social Security office. They
57:10
put everything together and then they
57:12
shipped it off to DDS, the Disability
57:14
Determination Service. I think there's
57:15
one in Sacramento and there's a few in
57:17
California. So, you just call the
57:19
Disability Determination Services in
57:21
your state and you say, "Hey, where's my
57:23
case?"
57:24
and they'll find the claims examiner
57:26
that has your case. And you just reach
57:28
out to them and say, "Hey, just want to
57:29
make sure it got up there." Okay. Um I
57:32
by the way, I just saw a new doctor and
57:35
I how do I send that information to you?
57:38
And you know, just kind of, you know,
57:40
say hello. You need anything? Just kind
57:41
of check the status, make sure it got
57:43
there. Okay. So,
57:46
receiving approximately $4,200 a month.
57:48
I understand it's half then it I'd
57:51
qualified for the difference. NMNSS is
57:54
telling me I'd receive New Mexico Social
57:56
Security is telling me I'd receive $100
57:57
at fraud when my income earnings were
58:00
about 80% less than mine. Okay. You're
58:03
receiving 40 Renaissance half then I'd
58:06
qualify for the difference.
58:08
So you're receiving Yeah. I'm not sure.
58:10
We're talking about spouse benefit.
58:12
Yeah. If you're if someone else Yeah.
58:15
Nobody else in the country is Yeah.
58:17
Doesn't matter who your ex is or your
58:19
spouse is. The max you can get this year
58:22
on social security, the max max per
58:24
month is about what? $5,100.
58:28
And for that maximum amount, you would
58:31
have to work the maximum amount for 35
58:35
years and you would have had to wait
58:39
until you're 70 years old to collect
58:42
benefits. So that's the max for this
58:44
year. So um don't forget to like,
58:47
subscribe, and share. Thank you, Ed.
58:48
Thank you. All right, let's see. My
58:50
spouse was born after 1954.
58:54
Uh oh, I just clicked on it there. Oops.
58:57
Sorry. Oh, okay. So, my spouse was born
59:00
after 1954. No spousal benefits from
59:02
him, correct? He's still working. Um,
59:05
yeah. Doesn't it he after 1954? That's
59:10
the old 2016 law that you're talking
59:13
about, but yeah, that's not relevant to
59:14
you now. Um, so
59:19
spouse benefit from him if he's still
59:21
working. He uh he has to be at least 62
59:24
years old and he can be 62 years old
59:26
being born after 1954.
59:28
So he has to be over 62 62 or older and
59:32
you have to be receiving benefits. So
59:35
this is an expouse independently
59:38
entitled divorced spouse. You put XR.
59:40
Oh, wait a second. You said my spouse.
59:42
Okay, so this is your current spouse.
59:44
Um, so it's your current spouse, then
59:47
you are correct. He has to be collecting
59:50
benefits. If it's your current spouse,
59:53
you have to start benefits. Your benefit
59:55
amount has to be less than half of his,
59:57
and he has to be receiving benefits. So,
1:00:01
can you please speak about RSDI? Yeah,
1:00:04
that's what I've been doing the entire
1:00:05
time. RSDI is retirement survivors and
1:00:07
disability insurance. So, that's Yeah,
1:00:09
that's what it is. Used to be old age
1:00:11
survivor, OA, you know. Yeah, but that
1:00:14
was supposedly gonna be the original
1:00:16
name of social security was old age and
1:00:18
yeah, so good thing they chose the name
1:00:20
social security rather than old age and
1:00:22
because they would have to change that
1:00:23
immediately to the department of war or
1:00:26
something as someone that will will for
1:00:28
benefits as IB recipient. It isn't it
1:00:32
pointless to file online? Social
1:00:33
Security still needs to my certified
1:00:36
marriage license and divorce documents.
1:00:37
Can't scan those. Um yeah, for
1:00:40
independently entitled divorce spouse
1:00:41
benefits. I think that's what you're
1:00:43
doing in the acronym there. Um, yeah,
1:00:45
that's that's that's a tough one because
1:00:48
you probably can start it online if
1:00:50
nothing else to protect that month. So,
1:00:53
like if you're coming toward the end of
1:00:54
the month and you and you're like, "Oh,
1:00:56
shoot. I should have filed for that." Go
1:00:57
ahead and file it online, start it, you
1:00:59
know, call or something. And that way
1:01:01
you're you won't lose that month of
1:01:03
benefit if you're eligible. But yeah,
1:01:06
you'll still have to provide your
1:01:07
marriage certificate, divorce, um, not
1:01:10
your license. License just says, the
1:01:13
state says, yeah, you can get married.
1:01:14
Doesn't mean you got married. You could
1:01:16
have ran away, right? So, your marriage
1:01:18
certificate that you actually got
1:01:20
married and your divorce degree showing
1:01:22
at least 10 years of marriage. I wonder
1:01:24
if you start buying supplies for a
1:01:25
hobby, is it considered a business? If
1:01:27
you don't, it don't cooking or detailing
1:01:29
cars. What are we talking about? uh
1:01:32
retirement benefits, disability
1:01:34
benefits, working or something. If you
1:01:36
if Yeah. If if you're receiving
1:01:38
disability benefits and you're talking
1:01:41
about working, having a little self
1:01:43
business or something like that, then
1:01:45
you just do your taxes. Um and then
1:01:49
depends on how the taxes work out, how
1:01:51
you report that, whether you have income
1:01:54
or loss and yeah, so depends on what
1:01:56
type of benefits you're receiving. Dr.
1:01:58
Ed, only answer this please. During a
1:02:01
voluntary suspension prior to full
1:02:04
retirement age after collecting over 12
1:02:06
months, does the benefit grow 6% per CS
1:02:09
or 6% per year still? Yeah, it's less
1:02:12
than 8%. Um, so it
1:02:16
every month you wait before your full
1:02:19
retirement age. Every month you wait,
1:02:22
your benefit goes up a little bit. And
1:02:24
let me let me show you um how this I'll
1:02:27
show you on my website. That's probably
1:02:28
the easiest way. Um, let's see. So, you
1:02:32
go into myggovexpert.com.
1:02:34
There you click on retirement.
1:02:38
You click on when to start and do the
1:02:40
little when to start calculator. Let me
1:02:42
put uh
1:02:44
$1960 there. And to make it easy, we'll
1:02:47
make your full benefit amount $1,000.
1:02:51
So, if your full benefit amount is
1:02:53
$1,000, if you start benefits at 62,
1:02:57
your benefits are reduced by 30%, $700.
1:03:00
If you wait until 70, your benefit goes
1:03:02
up to $1,240. If you, you know, take it
1:03:06
at 67, it goes to exactly $1,000. So,
1:03:09
every month you wait, if if your benefit
1:03:13
is $1,000, every month you wait, it goes
1:03:15
up a little bit, $4 or so. If your
1:03:18
benefit amount is, let's say, $2,000,
1:03:22
then
1:03:24
it goes up $8
1:03:26
every month. Every month you wait.
1:03:28
People think, "Oh, it doesn't go up
1:03:30
until my birthday or after I one year or
1:03:32
whatever, whatever." No. Every month you
1:03:34
wait, your benefit goes up a little bit.
1:03:38
So, and then that's where you decide,
1:03:40
okay, should I get it at 67 or 64 or 62
1:03:44
and all that kind of stuff. So, these
1:03:47
are uh the calculations
1:03:50
and but this is only one of the
1:03:52
determining factors on when you should
1:03:53
start benefits. So, and this is so you
1:03:55
can go on to my website and uh yeah,
1:03:57
check it out free or and you can buy me
1:04:00
a coffee. Yeah. So, appreciate it. Um
1:04:04
all right, this will be the last
1:04:05
question we're running over here. Um
1:04:09
workers comp gave me a settlement for
1:04:10
Medicare, etc. paid out. Can SSI do an
1:04:13
offset for that? Um
1:04:16
for a medical, etc. That's the scary
1:04:19
part, etc. So workers comp, public
1:04:22
disability benefits, um
1:04:25
yeah, could it depends what the etc is.
1:04:30
So that is the only thing that offsets
1:04:32
social security disability insurance is
1:04:35
if you're receiving workers comp. It's
1:04:37
like the number is about 80%. You you
1:04:40
can't get more than 80% of what you
1:04:42
earned kind of while you're working.
1:04:44
That's what Congress said. said, "If you
1:04:47
get on disability and your disability
1:04:49
benefits and your workers comp, the
1:04:51
state, that's a government program
1:04:52
administered by the state, actually part
1:04:54
of the original Social Security Act of
1:04:55
1935.
1:04:57
If you're getting those benefits and
1:04:59
you're getting twice as much as you did
1:05:01
when you actually were working, Congress
1:05:03
said, "H not so much." So they said,
1:05:06
"Okay, if you become disabled, max you
1:05:08
can get essentially is 80%." So there's
1:05:11
a there's a max there. And if it's
1:05:14
private insurance, a private disability,
1:05:16
then it doesn't count. So you could make
1:05:17
10 times as much as you made if that
1:05:20
other money coming in is from a private
1:05:22
um you know insurance. But workers comp
1:05:24
is a you know government type of
1:05:26
program. So administered by private
1:05:29
companies sometimes, but it's still a
1:05:31
government type program. State, city,
1:05:33
state, local, whatever. So all right,
1:05:36
that's it for today and we third time
1:05:38
was a charm. We uh had some technical
1:05:41
difficulties yesterday, had more
1:05:42
technical difficulties today, but I
1:05:45
think we're wired up. Improvise, adapt,
1:05:47
overcome. We never
1:05:49
we never we never stop trying, right?
1:05:52
All right. I appreciate y'all's
1:05:53
tolerance and understanding and
1:05:55
patience. Uh but uh we'll be back again
1:05:57
tomorrow. Y'all take care. Have a
1:05:59
beautiful day. And please please please
1:06:00
take care of each other. Bye-bye.