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When can I draw full benefits from social security if I was born in 1953?
Wiki User
∙ 6y ago
It's based on your actual Social Security earnings records, and starts at age 67 years old
Wiki User
∙ 15y ago
Wiki User
∙ 14y agotypically you can start when you hit 62, but it is a lesser amount than if you wait longer, say 65 or 70.
Wiki User
∙ 11y agoage 62......and that is social security.
Anonymous
62
Anonymous
65
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When can I draw Social Security if born in 1953 without penalty?
If you were born in 1953, you can draw Social Security benefits at full retirement age, which is 66 years and 4 months. You can also start receiving reduced benefits as early as age 62, but they will be permanently reduced.
What age do you have to be to get full social security benefits born in 1951?
62
My dad was born in 1919 his social security benefits seem low compared to mine whereas I was born in 1954. Why are my benefits more than his?
Because of your higher earnings and larger contribution amounts during your period of contributing to your social security and medicare benefit account.
What is the earliest that you can draw Social Security benefits if you were born in 1952?
You can collect Social Security retirement benefits as early as age 62 in 2014, but they will only be approximately 75% of the amount you can collect at your full retirement age of 66, in 2018.
Can you draw social security at age 62 if born in 1950?
You can draw a reduced Social Security benefit starting between age 62 and your full retirement age. Someone born in 1953 has a full retirement age 66. You should become familiar with the Social Security website given in the related link.
At what age do I begin collecting social security benefits?
It depends on the date of birth and persons age or if there is a disability. To collect social security benefits you must first apply and show why you are eligible. Even when totally disabled you can still be denied benefits and need an attorney to help you receive benefits.
When is full retirement if you were born in 1946?
If you were born in 1946, full retirement age for Social Security benefits is 66 years and 4 months. This means you can start receiving your full Social Security retirement benefits without any reduction in payments. However, you may choose to begin receiving reduced benefits as early as age 62, or delay benefits until age 70 to increase the monthly payment amount.
What political party started giving social security to immigrants?
No one "gave" Social Security benefits to immigrants. Illegal immigrants aren't eligible to receive Social Security compensation; legal immigrants are eligible if they earned wages and paid FICA taxes, just like natural-born citizens.
You are an USA citicent but you leave in another country are you eligible to get back all your social security money withyeld when you were working in USA?
The Social Security website has a chart. http://www.socialsecurity.gov/retire2/retirechart.htm Born 1937 or earlier, then full benefits at 65 years old. Born 1943-54, then full benefits at 66 years old. Born 1960 or later, then full benefits at 67 years old. If you were born between 1938-42, then full benefits start at an age like 65 years and 2 months, or 4 months, or 6 months, etc.... depending on the year you were born. Ditto 1955-59. Here's another useful page from Social Security: http://www.socialsecurity.gov/retire2/
Do you get the full amount of Social Security at the beginning of the year of your 66th birthday or do you have to wait until your birthday that year?
You generally have to wait until your 66th birthday to start receiving the full amount of Social Security benefits. Your benefit amount is based on your full retirement age, which is determined by your birth year. If you start receiving benefits before your full retirement age, your payments may be reduced.
What is fullretirement age me born in 1951?
In terms of Social Security the earliest a person can receive retirement benefits is 62. If you were born in 1952 you would have to wait until you were 66 years old to collect full social security.
Can you apply for social security disability if getting social security?
When people refer to "Social Security," they general mean retirement benefits. SSDI is Social Security Disability Insurance, which is paid from the same fund, but available only to disabled people who are below full retirement age.If you're asking whether you can receive both Social Security retirement and Social Security disability benefits, the answer is no. If you meet SSA guidelines for disability, you receive SSDI until you become ineligible or reach retirement age, whichever occurs first. If you remain on SSDI until retirement, your Social Security benefits automatically convert from disability to retirement. You can't receive both at the same time.If you're asking whether you can receive private disability insurance payments after you begin receiving Social Security disability or retirement benefits, that depends on the policy. Consult with your insurance agent or employer for more information.
