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What else can I help you with?
Can a divorced women not remarried draw on her exhusbands retirement if they were married for 14 years?
I was married 18 years. I have never remarried can I draw his retirement
Can you draw unemployment and job retirement in Oklahoma?
Probably not because retirement implies not seeking work and that is one of the requirements to be able to receive unemployment benefits.
Can you still draw a non social security retirement and get unemployment in the state of Kentucky?
In Kentucky, you can draw retirement benefits and still be eligible for unemployment benefits, as long as you meet the eligibility requirements for unemployment. However, your retirement income may affect the amount of unemployment benefits you receive. It's important to report any retirement income when applying for unemployment, as it could lead to adjustments in your benefits. For specific guidance, it's advisable to consult the Kentucky Labor Cabinet or a legal expert.
After drawing widows benefits can I at age 70 draw my benefits?
Yes, you can draw your own Social Security retirement benefits at age 70 after receiving widow's benefits. However, you will only receive the higher benefit amount, not both. It's important to consider the implications of switching benefits, as your own retirement benefit may be higher due to delayed retirement credits. Consulting with a Social Security representative can help clarify the best option for your situation.
Can the spouse draw if his is retirement ss?
Yes, a spouse can draw Social Security benefits based on their partner's retirement benefits if the spouse is at least 62 years old and the primary earner has filed for retirement. The spouse may receive up to 50% of the primary earner's benefit amount, depending on their age when they start receiving benefits. If the spouse has their own work record, they can choose to receive benefits based on their own earnings if that amount is higher.
When can you draw social secruity if you were born in 1958?
Social Security Disability (SSDI) benefits automatically convert to retirement benefits at the same rate of pay when the person reaches full retirement age. There is no increase in benefits or additional payment at retirement, only a change in administrative status and loss of earned-income restrictions. For people born before 1943, full retirement age is 65; for those born between 1943 and 1954, the age is 66; for those born between 1955 and 1960 and later, the age gradually increases to 67.
Can you draw as much money at 65 on Social Security retirement as on disability?
Social Security disability benefits are typically lower than retirement benefits because they are calculated on the basis of fewer years of income. When a disabled worker reaches full retirement age, his or her benefits automatically convert from disability to retirement income at the same rate. There is no windfall payment for disability.
When can I draw Social Security if born in 1953 without penalty?
If you were born in 1953, you can draw Social Security benefits at full retirement age, which is 66 years and 4 months. You can also start receiving reduced benefits as early as age 62, but they will be permanently reduced.
What is the earliest that you can draw Social Security benefits if you were born in 1952?
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 age of 66, in 2018.
What is the best age to draw up my retirement accounts, once I'm retired, or before?
You cannot draw benefits from your retirement accounts until you are actually retired unless you cash out your account. But, if you cash out early there could be penalties, so it is best to get advise from a financial planner.
Can your wife draw Social Security retirement benefits if she has never worked?
Yes, if you have earned at least 40 work credits and apply for your own retirement benefits, your wife is eligible to draw an additional 50% in benefits based on your work record if she is at least 62 years old. An ex-spouse who was married at least 10 years may also draw benefits on your work record. Neither payment reduces the amount of your entitlement. If you have reached full retirement age and wish to continue working after your wife retires, you may apply for benefits and then have them suspended temporarily. This allows you to continue increasing your own benefit amount until age 70.
Can I draw Social Security at 62?
Yes, you can start drawing Social Security benefits at age 62, but your benefits will be reduced compared to if you wait until full retirement age.
