Quote:
Originally Posted by Edward64
My wife has a pension too which we are looking forward to supplementing savings and SS.
I can't figure out a clear answers on how teacher's/state pension and SS will work. I know double dipping has been reduced/eliminated but say during retirement I am expecting SS = $20,000, a non-working wife would get half of that SS = $10,000. But if she also gets a teacher's/state pension of $5,000 or $15,000 what would happen?
Any financial planners here that know the answer?
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Does your wife pay into SS? In my state, they have pensions for the very reason that they don't have SS withheld and are not earning SS credits.