Well, MaggieA, enjoy your Social Security benefits while they last because if H.R. 1547 passes you’ll have to eat macaroni and cheese.
And so will my wife and myself.
https://www.congress.gov/bill/119th-con ... /1547/text
WEP elimination HR82 impact on Canadians in USA
Moderator: Mark T Serbinski CA CPA
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formerpatriot
- Posts: 89
- Joined: Mon Feb 23, 2015 4:13 pm
- Location: Montreal
Re: WEP elimination HR82 impact on Canadians in USA
FormerPatriot in Montreal
Re: WEP elimination HR82 impact on Canadians in USA
Heck, formerpatriot, well spotted! I haven't noticed anything in the news on this yet. I guess it has a long way to go to become law. Excluding noncitizens seems awfully harsh, unless "national" would include US persons such as resident green card holders?
TBH, husband and I have been wondering if something like this could be coming. We became naturalized US citizens during our time in the US. At the time we saw ourselves remaining indefinitely. Circumstances changed and now we're retired back in Canada. So as I read that bill we'd be safe from the mac and cheese diet, so long as we refrained from renouncing our US citizenship. However, it's easy to speculate that some might favour kicking expats off SS as well.
TBH, husband and I have been wondering if something like this could be coming. We became naturalized US citizens during our time in the US. At the time we saw ourselves remaining indefinitely. Circumstances changed and now we're retired back in Canada. So as I read that bill we'd be safe from the mac and cheese diet, so long as we refrained from renouncing our US citizenship. However, it's easy to speculate that some might favour kicking expats off SS as well.
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formerpatriot
- Posts: 89
- Joined: Mon Feb 23, 2015 4:13 pm
- Location: Montreal
Re: WEP elimination HR82 impact on Canadians in USA
MaggieA, there is nothing to worry about (at least for now). Here is what someone wrote on the Financial Wisdom Forum regarding H.R. 1547:
"Republican lawmakers have filed a flurry of bills that duplicate existing law to bolster their MAGA standing. Typically the bill is announced in a fanfare press release to the sponsor's home media and then never heard of again. It's akin to the "private member's bill" in Canadian legislatures.
I see that this one currently has only one sponsor, the New Jersey backbencher who filed it.
3,720 bills have already been filed in the current congressional session which began Jan 3. The last two-year session which ended on Jan 3 saw 19,315 bills introduced but only 274 enacted on their own with another 614 folded into other legislation."
"Republican lawmakers have filed a flurry of bills that duplicate existing law to bolster their MAGA standing. Typically the bill is announced in a fanfare press release to the sponsor's home media and then never heard of again. It's akin to the "private member's bill" in Canadian legislatures.
I see that this one currently has only one sponsor, the New Jersey backbencher who filed it.
3,720 bills have already been filed in the current congressional session which began Jan 3. The last two-year session which ended on Jan 3 saw 19,315 bills introduced but only 274 enacted on their own with another 614 folded into other legislation."
FormerPatriot in Montreal