am 60 year can i draw ss and keep working??
i am 61 year old
You can draw it at 62, but if you wait until 65 you will get more.
no
The person is on social security benefits at this time and has been since ten years ago.
The FICA deduction [since 1990] is 6.2% for employees and 6.2% for employers and is the principal funding source for Social Security benefits.
Nursing Home resident has accumulated a large sum of money in her account, from which social security benefits were received. Resident has since died, the family was told that the funds will be returned to Social Security. Why? Should these funds not be transferred to the individuals Estate?
Social Security has been called a federal benefit payment since it was created in the 1930s. The term "federal benefits" applies to a large number of programs, including Social Security, Social Security Disability Insurance, Medicare, and others.
You can only draw Social Security benefits at age 55 if you are disabled.
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?
I BELIEVE YOU MUST REACH RETIREMENT AGE TO RECEIVE SOCIAL SECURITY RETIREMENT BENEFITS, HOWEVER, SINCE YOU ALREADY COLLECT, "SSI", I WOULD APPLY FOR "SSD", "DISABILITY BENEFITS", IF YOU ARE "DISABLED" AS PER "SOCIAL SECURITY DISABILITY "GUIDELINES" & "REQUIREMENTS". JOANNE 44 GOOD LUCK. * That would also depend upon the number of work quarters the person has accumulated. Visit Social Security Online, concerning retirement age and elgibility requirements and information concerning any SS benefits. http://www.ssa.gov
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.
A great website to help you find information and advice for social security benefits is www.irs.gov. This website has lots of information that will help you with your taxes.
Yes. Each state has different time. For NY is 4 years since Social Security Adm. made wrong decision of the amount of benefit.
The FICA deduction [since 1990] is 6.2% for employees and 6.2% for employers and is the principal funding source for Social Security benefits.
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