answersLogoWhite

0


Best Answer

That depends entirely on your retirement plan. Sometimes you'll be lucky enough to get life insurance, other times you won't. It's become the current trend for employers to offer you ways to fund your own retirement rather than offering you a retirement plan. These types of plans are generally just accounts that safely generate a return and offer nothing more than a source of income after retirement. In other words, you should consult the HR rep of your employer to find out exactly what benefits you can expect to receive.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar
More answers
User Avatar

AnswerBot

15h ago

Benefits you may receive when you are retired include a pension or retirement savings, social security benefits, healthcare coverage through Medicare, and potentially reduced work-related stress and more leisure time.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What benefits do you receive once you are retired?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Gerontology

Is their a amount of money a retired person can make if he is on social securty?

Yes, retired individuals who receive Social Security benefits can work and earn a limited amount of money without affecting their benefits. This is known as the Social Security earnings limit. Once their earnings exceed this limit, their benefits may be reduced.


How do younger workers pay for social security benefits to retired workers?

Younger workers pay for social security benefits to retired workers through payroll taxes. A portion of their wages is deducted and paid into the Social Security trust fund. These funds are then used to pay benefits to current retirees. When the younger workers themselves retire, the next generation of workers will contribute to their benefits.


Can you receive disability and retirement benefits?

I do. I have received disability since 2005 and just started 2010 drawing my portion of my x's retirement. I didn't receive enough in disability to file a return but now with the other it put me over, so I will have to.


Can a same sex partner get benefits with a retired veteran?

Yes, same-sex partners of retired veterans can be eligible for benefits if they meet certain criteria, such as being legally married or in a recognized domestic partnership. This eligibility can vary depending on the specific benefit, so it's best to consult with the relevant authorities or organizations for more information.


Can a widow receive survivor benefits if she receives 2 pensions from her late husband?

It depends on the specific rules of the pension plans and the survivor benefits program. In some cases, receiving multiple pensions may impact the amount of survivor benefits a widow can receive, but she may still be eligible for some form of survivor benefits depending on the circumstances. It is recommended to consult with a financial advisor or the relevant benefits program for personalized guidance.

Related questions

Is their a amount of money a retired person can make if he is on social securty?

Yes, retired individuals who receive Social Security benefits can work and earn a limited amount of money without affecting their benefits. This is known as the Social Security earnings limit. Once their earnings exceed this limit, their benefits may be reduced.


What benefits does a retired stewardess have?

A stewardess does not necessarily receive the same benefits for retiring as other businesses do. However, they do receive a 401K plan and other such normal benefits that should be expected.


Can retired military receive unemployment benefits in Massachusetts?

No, cause you're getting retirement pay.


How long does it take to receive your benefits once you receive the confirmation letter?

To receive benefits for disability, one has to wait for a confirmation letter via air mail. Upon receipt, wait for one week to receive the benefits.


If you divorced your retired military spouse of thirty years would you receive military benefits?

benefits would be available. check at local military base personnel office............


Does 18 child get money left in scoial security benefits from deceased parent?

NO. Once the child is 18 or older, they can't receive SS benefits.


Do retired Anglican priest still receive a stipend?

No. But they do receive a pension.


How do you get an extension of unemployments benefits in Illinois?

If you are otherwise entitled to the benefits, you will be automatically notified once your normal benefit period expires. and receive 33 weeks of additional benefits. See the Related Link below.


Can a spouse receive social security on their spouse that is younger and not retired?

No. Your spouse can receive them and you can receive them, but you have no right to theirs.


What does the AARP stand for in AARP income tax?

The AARP stands for the American Association of Retired Persons. They work for those of retirement age in helping them receive proper tax credits and benefits.


I am retired military receiving medical benefits so is medicare mandatory?

it is better as there are benefits attached.......


How is one eligible for medical?

I have a friend who retired from the local school district here in Redding CA. She receives a pension from the county of Shasta but does not have medical insurance other than Medicare. She retired in 1979. I have her social security number. Is there any way I can find out if she can receive medical benefits?