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If you were born in 1952 at what age will you be able to draw social security?
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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.
At 74, you are well beyond what the Social Security Administration considers full retirement age (FRA), so there is no cap on the amount of money you can earn without a reduct…ion in monthly income. You will continue receiving your full benefit check regardless of your work situation.
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.
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.
Your wife can draw 50% of your qualifying benefit if she has never worked, or the benefit calculated from her own work record, whichever is higher.
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
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 what SSA considers to be your full retirement age. For people born between 1943 and 1954, the age is 66.
Age 73 is well beyond what Social Security considers full retirement age. There is no limit to how much income you can earn while continuing to draw benefits. You will not be …penalized.
The amount of benefits one can drawer at the age of 70 depends upon the total amount of money earned up until the age of 70. You will then get a proportion of the full amount.…
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.
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.