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Can you draw Worker's Comp and Social Security at age 62?

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Can you draw Worker's Comp and Social Security at age 62?
Yes, but your Social Security benefits may be temporarily reduced to prevent a windfall. If you are collecting from both programs, the maximum you can receive is 80% of your current (most recent) average wage.

Also be aware that your Social Security check at 62 will be approximately 75% of what you would have received at full retirement age (in your case, probably 66). The base amount will not increase in the future, unless you return to work and continue contributing to the Social Security trust fund.
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You were born in 1953 can you draw Social Security at age 62?

You were born in 1953 can you draw Social Security at age 62?

Yes, under the current laws anyone who has accumulated 40 work credits may retire at age 62, but you will only receive approximately 75% of the benefit you would be entitled t

Can you draw your Social Security at the age of 30?

The earliest you can collect Social Security retirement benefits is age 62. You can collect Social Security disability benefits at age 30 if you are found disabled under Soc

If you were born in December 1949 can you draw Social Security at age 62?

Yes, under the current laws anyone who has accumulated 40 work credits may retire at age 62, but you will only receive approximately 75% of the benefit you would be entitled t

At what age can a woman draw Social Security?

There is no gender discrimination for Social Security benefits. If you or a spouse have earned the 40 required work credits, you can begin drawing Social Security benefits at

Can you draw Social Security at age 60?

Only if you qualify for SSDI (disability) or survivors' benefits under Social Security guidelines. A widow, widower, or qualifying ex-spouse may receive Social Security surviv

Is it best to draw Social Security benefits at 62 or full retirement age?

The answer depends on your individual circumstances; however, if you begin drawing retirement benefits at age 62, your check will be approximately 75% of what you would receiv

At what age can you draw Social Security benefits?

You can take early retirement at age 62 if you have accumulated the required 40 work credits, but your benefit amount will be reduced to approximately 75% of what you would re

Can you draw social security at age 55?

You can only draw Social Security benefits at age 55 if you are disabled.
Can a wife draw on husbands Social Security if he died before age 62?

Can a wife draw on husbands Social Security if he died before age 62?

Not until she her self reaches age 60 unless she has children at home under age 18. There is always the possibilities she could draw Disability if unable to work. Some women g

How much income can you earn and still draw early Social Security at age 62?

2010 and 2011 If you are 62 years old in 2010, you will reach full retirement age at 66. Under 2010 SSA guidelines, people who have not yet reached full retirement age can ea

What will your Social Security benefits be at age 62?

Social Security Online has benefit calculators to help you estimate how much retirement income you may receive. Bear in mind that retiring at 62 will reduce the monthly amount