You Can Apply for Social Security Benefits at 62 Years Old
According to the Social Security Administration (SSA), if you’ve paid your contributions for at least 10 years and you have a minimum of 40 working credits, you may be eligible for partial benefits at age 62. Retirement lifestyle and health status are two important elements that can contribute to your decision on when to start collecting your Social Security benefits.
As SSA states, if you file for Social Security at the age of 62, rather than waiting until your full retirement age (RFA), you should know that your monthly benefits may be reduced by up to 30%. On the other hand, waiting until full retirement age will definitely guarantee that you will be receiving 100% of your eligible benefits.
The full retirement age depends on your birth year. Check out page 7 of the SSA official guide to find out exactly what your full retirement age is.
I am a federal employee and will turn 65 in 2023. I am still working. Do I have to apply for SS or can I delay till I retire?
My wife and I are 74 and 81 respectively. Her SS benefit is $898 and mine is $2416. If I die first, what would be the best way for her to maximize her income?
i took SS at 62 . Will my wife’s benefit be reduced up to 30% if I die first?
Hi
Is there any bill in Congress to increase senior women’s income, as we still get paid lower than men!!
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if you were divorcedbut married for 10 years and now re married and die who gets s s benefits
I am 75 years old. I am a man. My Social Security is less than a 1,000 dollers a month.
I 66 don’t have a good retirement other SSA
Which I can live off
But I have training and experience
Can work in a lot of industries and remote to supplement my retirement which can be very helpful
Age of course is the problem
My husband died 7/18/22 he was 68 yrs old and worked his entire adult life I only collect $800 from his SS. I can’t believe that with my SS I get $772 I can only pay the mortgage. Is this low income SS.