Serbinski Accounting Firms

MaggieA wrote: > Payments on the way: I logged into my SSA account and found that my benefit > amount is updated, and when I downloaded my Benefit Verification Letter, it > also shows the revised monthly benefit for January through November 2024. > All figures exactly what I had calculated. > > I go...

Yikes, I received a large chunk of cash deposited into my account from the SSA today, I assume this is the WEP amount from 2024. Hard to to believe after all this, it's actually happening. The info I have is that the official mailing will be a few weeks later.

Yes, this seems to be moving along. I received a "Good News from the Social Security ..." email today indicating they may owe me additional benefits, etc. :-) Not much too specific but they said they are starting the complete process for 3 million will be in several stages starting end of ...

I've been hearing that a least some people have already received SSA letters indicating they will see a HR82 increase in May (not I yet sadly). I saw a YouTube update on this, https://www.youtube.com/watch?v=JBy2icDsR3A, we'll see, apparently the SSA is at their lowest staffing ever with the highest...

I recall when I spoke with the SSA agent originally when he applied WEP to my SS, he said that my wife's would also be reduced because she was to claim 50% of my now WEP reduced FRA amount. However, I'm not sure if that was indeed the case implemented. Has anyone had this same case?

There is WEP & GPO facebook page where they post regular updates, latest says the Fraternal Order of Police (FOP) has announced that H.R. 82 will be signed on January 6. According to this post, it indicates he has until Jan 8: https://federalnewsnetwork.com/explainers/2024/12/how-much-time-does-...

bc075259 wrote:
> My QPP was cut back by 76% due to WEP,
Intended to say "my SS was cut back by 76% of my QPP amount."

Well, I'll admit I was not really expecting this to get as far as it has, although I did sign the various petitions and emailed my Senators urging their support. The latest I've heard it has just been sent to POTUS for signing. My QPP was cut back by 76% due to WEP, I filed a 'Request for Reconsider...

formerpatriot wrote: > My wife recently applied for and started to received her SS benefits. > The WEP was applied due to her monthly QPP of about 625 CAD. > We have no idea what exchange rate was used for this 625 CAD. > We have no idea how much her SS monthly benefit would have been without > WEP....

MaggieA wrote: > Sorry, after adding my comment I noticed that the OP, bc07529, already > confirmed with the AnyPIA calculator. > > The point is, WEP is not calculated based on FRA, but on ELY. SSA says so > (on the page I linked in previous post) and the calculator confirms it. > > So those intelli...

nelsona wrote: > One difference in my case is that I'm applying early (62). It looks like > you were incorrectly penalized by waiting. When I use SSA anypia app calculator, I get the exact same result as the SSA agent did. It looks like it reduces my FRA PIA, then adds the delayed credits to that ne...

A little update on this case. I filed an online "Request for Reconsideration SSA-561" on April 5, I have called about a dozen times but I still have not received an official written response. Someone in my local office said it can take 6 or more months these days. If this request is denied...

nelsona wrote: > The calculator is just the first step. > > But, IN ALL CASES, WEP is limited to 50% of the uncovered pension amount. > The SSA admits that their calculation get overridden by this clause: > > "*Important: This is for estimate purposes only. The WEP reduction is > limited to 1/2...

nelsona wrote: > WEP calculations are supposed to be done based on FRA, then they adjust > based on age. yes, that looks like what the calculator does. when I run the numbers using my FRA of 66, the PIA gets reduced by 50% of QPP, the issue is when you run the numbers using age 69, it also reduces t...

Thanks for the reply. I'm 69 and dealing with a representative in Auburn Washington. He was pretty easy to deal with and ran the numbers multiple times with the same result. I also ran the numbers with the downloadable SSA calculator (anypia) and got exact same result as he did. So if it's incorrect...