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If you collect Illinois teacher retirement can you collect social security?

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If you collect Illinois teacher retirement can you collect social security?
If you have 40 or more quarters that you have paid into Social Security--you are eligible for Medicare AND can collect a PORTION of your SS. There is an offset because of your teacher pension.
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What is the current age to collect Social Security retirement?

You can file as early as age 62, but your benefits will be reduced to about 75% of the amount you would receive if you file at full retirement age. Full retirement age is 65

If I retire at age 62 and collect Social Security can I still earn money?

Yes. If you retire at age 62, you can earn $1,180 per month ($14,160 per year) in wages and an unlimited amount of income from passive sources, like 401k, annuities, dividends

Is it financially smarter to collect social security at 62 or wait until full retirement?

This is a personal decision and would depend on your financial situation and other factors that you may want to consider. To get the larger monthly benefits and if you are c
What is Social Security Administration full retirement age to collect?

What is Social Security Administration full retirement age to collect?

Beginning with people born in 1938 or later, that age gradually increases until it reaches 67 for people born after 1959. Go to the SSA gov web site and use the search box for
Can you collect unemployment and your Social Security?

Can you collect unemployment and your Social Security?

Absolutely. As long as you qualify for each of them individually. Three states currently will offset your unemployment benefits by your Social Security (not the other way arou
At what age can you collect social security?

At what age can you collect social security?

Payment for retirement begins at 62 (at a reduced level), but payment for disability can be at any age.

Can you collect on your husbands social security?

Whether or not a woman can collect on her husbands social security depends on several factors. First, she has to be old enough or disabled. Second, she has to have been marrie

Can a teacher collect Social Security from a spouse?

Call 1-800-772-1213 or visit Social Security Online for answers. You should contact SSA for specific answer. Of course a teacher can collect social security from a spouse. H