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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…ceive if you postponed retirement until full retirement age (66 for people born between 1943 and 1954) or later. You can collect Social Security disability (SSDI) benefits at any age if you meet guidelines for both work credit eligibility and disability determination.
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 …age 62. Under certain circumstances, you may be eligible for benefits calculated on a spouse's work record (if applicable) if one-half the spouse's benefit is greater than the amount you qualify for on your own work record. Be aware that filing for Social Security benefits before full retirement age (65 for people born before 1943; 66 for people born between 1943 and 1954) reduces the cash benefit to as little as 75% of the amount you would receive by waiting until full retirement age. Also be aware that, while you can collect cash benefits at age 62, you must still wait until age 65 to enroll in Medicare.
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…ors' benefits for retirement as early as age 60, or age 50 if disabled. The earliest a person can collect regular Social Security retirement benefits is age 62.
You can only draw Social Security benefits at age 55 if you are disabled.
typically you can start when you hit 62, but it is a lesser amount than if you wait longer, say 65 or 70.
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…ial Security guidelines and if you or a spouse have earned a sufficient number of work credits to qualify. At age 30, you need to have accumulated approximately 18 work credits, which is roughly the equivalent of 4.5 years of full-time work (half the number of years between age 21 and 30). Bear in mind Social Security payments are tied directly to the amount of money you've contributed to FICA during your working years, so a 30-year-old's check is likely to be low even if supplemented by SSI (Supplemental Security Income, a form of welfare). The minimum combined monthly payment may be as little as $675 per month (based $674 minimum SSI guarantee), but will vary by individual depending on your work record.
Only if you are eligible.
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 a…ge of 66, in 2018.
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…o if you filed at full retirement age. Your year of birth is the determining factor in when SSA considers you to be full retirement age. For people born between 1943 and 1954, the age is 66.
Born between 1943 and 1954 Full Retirement age (FRA) or Normal Retirement age (NRA) will be age 66. Go to the SSA.gov web site Social Security Benefits ONLINE
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 fami…liar with the Social Security website given in the related link.
The minimum age you can claim Social Securityretirement benefits is 62, provided you have accrued the required40 credits which is the equivalent of 10 years of work. However,b…ecause age 62 is not the Full Retirement Age (FRA) for collectingretirement benefits, the amount you will be collecting will beabout 25 to 30 percent less than what you would collect if you waituntil your FRA, which can range between ages 66 and 67, dependingon your year of birth. Another effect of collecting Social Securityretirement prior to your FRA is that if you earn more than aspecific amount from working ($15,480 in 2014), your benefits willbe reduced. Deciding when to begin collecting your Social Securityretirement benefits is a decision that requires careful planning sobe sure to talk to an experienced financial advisor who can helpyou to fully assess your situation.
In the UK a person born in 1952 would still be of working age and therefore if they were unemployed and on means tested benefits, could get up to £73.10 per week if they …were actively trying to find work. They will become eligible of their state pension at age 65.
it is now 2017 and If you were born in 1963, you are now 54. In theUK you are of working age and provided you qualify, you could claimjobseekes allowance if you are out of wor…k or ESA if you are sickup to your retirement age. At the moment your state retirement agewould be 67.