Special Military Social Security Rate
Special Military Social Security Rate
Week of January 29, 2007
When a veteran applies for Social Security benefits, they should take their DD-214 with them. Social Security then computes the extra benefit and it is added to the monthly payments. In many cases, the Social Security office asks for a DD-214 and this benefit is computed automatically. But, not always. If you are a veteran who is collecting Social Security and you're not sure whether you are receiving this benefit, call your local Social Security office and ask them to check your account. If you are not getting the benefit, take your DD-214 to your local Social Security office and apply. They will compute your new benefit and you will receive a larger monthly check plus retroactive benefits computed from the time you started collecting Social Security. Remember, military retirees and government retirees who use military time to compute "time in service" do not qualify for this benefit.
For more information, visit http://www.ssa.gov/retire2/military.htm.
Week of January 29, 2007
When a veteran applies for Social Security benefits, they should take their DD-214 with them. Social Security then computes the extra benefit and it is added to the monthly payments. In many cases, the Social Security office asks for a DD-214 and this benefit is computed automatically. But, not always. If you are a veteran who is collecting Social Security and you're not sure whether you are receiving this benefit, call your local Social Security office and ask them to check your account. If you are not getting the benefit, take your DD-214 to your local Social Security office and apply. They will compute your new benefit and you will receive a larger monthly check plus retroactive benefits computed from the time you started collecting Social Security. Remember, military retirees and government retirees who use military time to compute "time in service" do not qualify for this benefit.
For more information, visit http://www.ssa.gov/retire2/military.htm.
0
-
I just got off the phone with social security. They have no record of my military service.
I may be getting a fat raise and 3 years back pay to boot![:D][:D]
Got to find my DD-214 now to take to the office and have it entered.0 -
quote:Originally posted by git_r_done
I just got off the phone with social security. They have no record of my military service.
I may be getting a fat raise and 3 years back pay to boot![:D][:D]
Got to find my DD-214 now to take to the office and have it entered.
GREAT!0 -
quote:Originally posted by HAIRY
quote:Originally posted by git_r_done
I just got off the phone with social security. They have no record of my military service.
I may be getting a fat raise and 3 years back pay to boot![:D][:D]
Got to find my DD-214 now to take to the office and have it entered.
GREAT!
It really don't make sence that I don't allready get it because I took my DD-214 in when I applied.0 -
Government oversight..[:0][:0] 0 -
Good idea Hairy: Going to check mine out. Been collecting S.S. for
over 18 years. If they didnt do it right I should have some big bucks
comming. Still have my WW 2 discharge.0 -
If I'm 31 now, do you think it will make a difference when I'm eligible to collect it? [:D] 0 -
Collect what???? There won't be anything there for us[:(]
Once again I screwed myself. I'm a DOD Civvie and I already bought back my 8 years active duty. Guess I better kick up the TSP contribution.0 -
I'm debating between TSP or a good mutual fund after fully funding a Roth. I don't see the benefit of the TSP if there are no matching funds. They try to compare it to a 401k but the only similarity is that you can do it via payroll deduction. 0 -
I'm getting matching up to 5.5 or 6.0% ....Better than some...not as good as others. One more trip to the sandbox and I can diversify a little better. 0 -
hairy
I tried that site they say it does not exist.0 -
I've read about that SS benefit for folks that served in the military on the Social Security website.
For those that put money into TSP....can you really trust the Govt. to invest YOUR money?
They are over $8 trillion in debt. Social Security won't exist in a few years.0 -
I gave 'em a call, and it certainly is true, but it seems it's only good for people who haven't done much since getting out. I did submit my DD 214 when I signed up, but I also had a second career after retiring from the military, and since I made such a "tremendous" amount of money from that, I'm not eligible for the Military rate.
That's what I was told. If anyone learns differently, let me know..[;)]0 -
IDSMAN75
The TSP deduction reduces your taxable income for that year. Do TSP and the ROTH.0 -
quote:Originally posted by HAIRY
Special Military Social Security Rate
Week of January 29, 2007
When a veteran applies for Social Security benefits, they should take their DD-214 with them. Social Security then computes the extra benefit and it is added to the monthly payments. In many cases, the Social Security office asks for a DD-214 and this benefit is computed automatically. But, not always. If you are a veteran who is collecting Social Security and you're not sure whether you are receiving this benefit, call your local Social Security office and ask them to check your account. If you are not getting the benefit, take your DD-214 to your local Social Security office and apply. They will compute your new benefit and you will receive a larger monthly check plus retroactive benefits computed from the time you started collecting Social Security. Remember, military retirees and government retirees who use military time to compute "time in service" do not qualify for this benefit.
For more information, visit http://www.ssa.gov/retire2/military.htm.
If you have worked a regular job and earned money for a lifetime (or so) in the civilian sector, the military rate will not be of any use to you.0 -
quote:Originally posted by tr fox
quote:Originally posted by HAIRY
Special Military Social Security Rate
Week of January 29, 2007
When a veteran applies for Social Security benefits, they should take their DD-214 with them. Social Security then computes the extra benefit and it is added to the monthly payments. In many cases, the Social Security office asks for a DD-214 and this benefit is computed automatically. But, not always. If you are a veteran who is collecting Social Security and you're not sure whether you are receiving this benefit, call your local Social Security office and ask them to check your account. If you are not getting the benefit, take your DD-214 to your local Social Security office and apply. They will compute your new benefit and you will receive a larger monthly check plus retroactive benefits computed from the time you started collecting Social Security. Remember, military retirees and government retirees who use military time to compute "time in service" do not qualify for this benefit.
For more information, visit http://www.ssa.gov/retire2/military.htm.
If you have worked a regular job and earned money for a lifetime (or so) in the civilian sector, the military rate will not be of any use to you.
Some people didn't have a chance to escape serving in the military; they were drafted and they served our country honorably.0 -
quote:Originally posted by HAIRY
quote:Originally posted by tr fox
quote:Originally posted by HAIRY
Special Military Social Security Rate
Week of January 29, 2007
When a veteran applies for Social Security benefits, they should take their DD-214 with them. Social Security then computes the extra benefit and it is added to the monthly payments. In many cases, the Social Security office asks for a DD-214 and this benefit is computed automatically. But, not always. If you are a veteran who is collecting Social Security and you're not sure whether you are receiving this benefit, call your local Social Security office and ask them to check your account. If you are not getting the benefit, take your DD-214 to your local Social Security office and apply. They will compute your new benefit and you will receive a larger monthly check plus retroactive benefits computed from the time you started collecting Social Security. Remember, military retirees and government retirees who use military time to compute "time in service" do not qualify for this benefit.
For more information, visit http://www.ssa.gov/retire2/military.htm.
If you have worked a regular job and earned money for a lifetime (or so) in the civilian sector, the military rate will not be of any use to you.
Some people didn't have a chance to escape serving in the military; they were drafted and they served our country honorably.
Too bad you don't fit into that category.0
Please sign in to leave a comment.
Comments
16 comments