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am 60 year can i draw ss and keep working??

i am 61 year old

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13y ago
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14y ago

You can draw it at 62, but if you wait until 65 you will get more.

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13y ago

no

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Q: Can i apply social security benefits since i'm 61 years old?
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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?


At what age can a person is a person eligible for SS benefits if they are now receiving SSI and have enough work credits for regular SS pension benefits?

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If your husband dies at age 55 can you draw his social security benefits?

You can only draw your own social security. ==Clarification== According to the Social Security and Disability Resource Center: At what age can I start drawing Social Security Retirement Benefits? If you are 62 years old you can apply to receive Social Security retirement benefits as an individual or as a spouse on a husband or wife’s record. Additionally, an applicant may be entitled to file for social security retirement benefits on the record of another individual as a divorced spouse or widowed spouse provided they were were married to that individual for ten years or more. Widows and Widowers may be entitled to a survivor benefit at the age of sixty provided they have not remarried before the age of 60. Also, a disabled widow or widower may receive a disability benefit on the record of a deceased spouse at age 50 provided they have not remarried prior to age 50.


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Is there a statute of limitations to file for Social security disability benefits?

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Maximizing Your Social Security?

For many Americans, Social Security benefits are one of their most important retirement assets. Unfortunately, too many decide to begin taking their benefits early, with no advice and without taking their spouse’s Social Security decision into account. A well-researched strategy for claiming Social Security benefits specific to your circumstances and retirement goals can make a substantial difference in your financial well-being, retirement lifestyle options, and the overall success of your retirement. For some of our high net-worth clients, Social Security is only a small portion of their retirement income needs. However, given that Social Security is a guaranteed income stream for life with inflation adjustment, it can also be a crucial part of planning for the surviving spouse. Considering the many ways that you can claim Social Security, it makes sense to optimize strategies to maximize your benefits and add alpha to your wealth. With Social Security benefits backed by the U.S. government, once you’ve considered and have made your choices, you will also receive an annual cost-of-living adjustment. We like our clients to view their Social Security benefits like an inflation-adjusted lifetime income annuity. In 2022, the Social Security Administration announced a major cost-of-living increase of 8.7% to offset inflation of 8.3%. This is the biggest increase since 1981. When it comes to planning your retirement income, it’s incredibly important to consider the social security benefits you’ll be earning. Unfortunately, it’s not as cut and dry as just relying on a given number — the amount of your social security benefits are determined by a number of factors. There are several things you can do to maximize your social security. At Advanced Wealth Management, we can take an in-depth look at your specific situation and give you professional advice on how you can maximize your benefits. Want to know how you can claim the maximum benefit when the time for your retirement arrives? Fill out the form below to calculate the best time to start your social security benefits.