Withdrawing a Social Security application can be a complex process, but it is important to understand the rules and procedures in case you ever need to do so. In this blog post, we’ll break down the steps and requirements for withdrawing an application before and after a determination is made, as well as the implications …
How to Withdraw a Social Security Application: A Comprehensive Guide, § 404.640 Read More »
Navigating the world of Social Security benefits can be confusing, especially when it comes to understanding the filing requirements for old-age and spousal benefits. In this blog post, we’ll break down § 404.623, which addresses whether you are required to file for all benefits if you are eligible for both old-age and husband’s or wife’s benefits. …
Filing Requirements for Old-Age and Spousal Benefits, § 404.623 Read More »
Understanding the reporting requirements for earnings is crucial to ensure that you receive accurate benefits from the Social Security Administration (SSA). In this blog post, we will discuss the conditions under which you must report your earnings, the information required in your report, and the procedure for requesting an extension to file your report. When …
The substantial services test is a crucial aspect for self-employed individuals when determining their retirement status. This test involves evaluating various factors such as the amount of time devoted to trades or businesses, the nature of services rendered, and the setting in which these services are performed. In this blog post, we will break down …
Understanding the Substantial Services Test for Self-Employed Individuals, § 404.447 Read More »
When determining whether someone is considered retired, the “substantial services” test is an important factor. This test is applicable only in a grace year (including a termination grace year) as defined in § 404.435(c)(1). It evaluates whether an individual can reasonably be considered retired based on the services they render and the surrounding circumstances. In this …
Understanding the “Substantial Services” Test for Retirement, § 404.446 Read More »
When an insured individual and another person entitled on the same earnings record both have excess earnings, it can be challenging to navigate how these earnings are charged and how their partial monthly benefits are calculated. In this blog post, we will simplify and explain the process of apportioning excess earnings and calculating partial monthly …
When it comes to receiving benefits from Social Security, there are various factors that may lead to a reduction in your benefits. In this blog post, we will discuss one specific situation: when your benefit rate is subject to deductions due to excess earnings, as outlined in § 404.437. Understanding Excess Earnings Excess earnings refer to …
Understanding Benefit Rate Deductions Due to Excess Earnings, § 404.437 Read More »
When it comes to Social Security benefits, understanding the rules and regulations can be a bit overwhelming. In this blog post, we will break down the concept of excess earnings, months to which excess earnings can or cannot be charged, and the grace year provisions as outlined in § 404.435 of the Social Security regulations. I. …
Understanding Excess Earnings and Grace Year Provisions in Social Security, § 404.435 Read More »
The Social Security earnings test is a measure used to determine the impact of a beneficiary’s earnings on their Social Security benefits. This article explains the monthly and annual exempt amounts, as well as excess earnings, as defined in § 404.430 of the Social Security regulations. Monthly and Annual Exempt Amounts: Exempt amounts refer to the …
Navigating the world of earnings, particularly with respect to Social Security and self-employment, can be confusing. This blog post aims to simplify and explain the concept of earnings as it relates to wages, self-employment, and Social Security by breaking down the relevant legal provisions. Definition of Earnings: Earnings generally refer to the sum of wages …