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social security is not impacted by other retirements. they are separate. Your military retirement will not affect or change your wife's retirement from the railroad. you will each have your own retirement and at age 62 or older you each will also have your own social security. however, your wife many not have any input to social security benefits if she has not paid into social security during her work span. best to check with social security to see where she stands with social security

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Q: I am retired military 50 my wife 46 is going to retire from the Railroad in 2019 how is our social security impacted Can she receive RR retirement while I receive military retirement?
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Related questions

DO railroad workers pay into social security?

Answer: Yes, Railroad workers pay into social security as well as railroad retirement. I worked for the Burlington Northern Railroad and we paid 6. some % into social security and I think 8. something into Railroad Retirement.


If a railroad worker had worked under Social Security before becoming a Railroad worker can they also receive Social Security benefits?

They can but that person's Railroad Retirement is going to be reduced. Here is a link to the Railroad Retirement Board's website that explains all the details about Railroad Retirement and Social Security Benefits. The tier I portion of a railroad retirement annuity is based on both railroad retirement and nonrailroad social security credits acquired by an employee and reflects what social security would pay if railroad work were covered by social security. Tier I benefits are, therefore, reduced by the amount of any actual social security benefit paid on the basis of nonrailroad employment, in order to prevent a duplication of benefits based on the same earnings. .


Why is railroad retirement not taxed?

Railroad retirement benegits are subject to Federal Income tax. Tier 1 of Railroad retirement has the same treatment regarding income taxes as does Social Security benefits. Tier 2 of Railroad Retirement benefits are subject to Federal income tax just like other company pensions. Railroad Retirement Unemployment benefits receive the same tax requirements as do State unemployment benefits.


Is the railroad retirement any good?

The railroad retirement program can be beneficial for eligible railroad workers and their families. It provides retirement, disability, and survivor benefits that are generally more generous than those provided under Social Security. However, the program is specific to railroad workers and may not be advantageous for individuals who have not worked in the railroad industry.


Major items in the federal budget?

social security medicare/medicade defence federal retirement military retirement


Can a person draw survial benefits and their social security benefits?

I worked for the Fed Govt for 35 yrs before that I worked and paid 48 quarters into Social Security, my wife worked for the Railroad and was covered by Railroad Retirement, we are now retired. My Social Security was reduced under the Windfall Elimination Clause of the Social Security Act. I was entitled to a portion of my wife's Railroad Retirement Benefits. The Railroad Retirement Board recently informed me that they were reducing my benefits because I have a Federal pension. This is a double hit, since my Social Security benefits have already been reduced by 45%? I have appealed this ruling and hope to have it reversed. Can they reduce both benefits due to a Federal pension being drawn?


Can a wife receive social security if her husband receives railroad retirement?

Hi I am 55 years of age. My ex husband is 61. We were married for 22 years while he worked for the railroad. He just recently retired from the railroad after 40 years and is drawing his retirement. I am asking can I draw my portion of his railroad retirement and my own social security that I have paid into working through my own jobs through the years past. I am living with relatives at this time because I do not have a job, no health insurance and no way to support myself.


Do Indiana residents pay taxes on the income from Railroad Retirement payments?

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Do congressmen and senators pay into social security?

Yes, and retirement from the US government plus any military or private retirement accounts they may have earned.


Do California residents pay state income taxes on their Railroad Retirement pension under the Railroad Retirement Act?

Tier 1 Railroad Retirement benefits are treated the same as Social Security benefits for California income tax purposes. If any portion of your benefits were included in your federal income, you can claim an adjustment on line 20 of Schedule CA (for Form 540 filers) or on line 14c of Form 540A.


Do people who serve in the military receive Medicare and Social Security?

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Do retired teachers pay income tax in Arizona?

Yes. Social Security and Railroad Retirement benefits are exempt. Up to $2,500 total of military, civil service, and Arizona state/local government pensions are also exempt. All out-of-state government pensions are fully taxed.