How do I file for my retirement benefits?
To apply for disability retirement coverage you will need to be under the age of 65 and meet specific requirements. The requirements include that you are vested, you begin receiving Social Security disability benefits and that you have recent coverage for disability.
If you are referring to the "early retirement" meaning Social Security, you can receive SS's benefits at the same time as your unemployment, as they are separate programs. Advisability as to the timing of when to begin drawing SS is a personal decision based on your economics.
You can typically begin collecting on a vested pension once you reach the plan's defined retirement age, which is usually between 55 and 65. Some plans may allow for early retirement with reduced benefits or have specific rules regarding when benefits can be accessed.
If you were born in 1963, you can start receiving Social Security retirement benefits at age 67, which is your full retirement age. However, you have the option to begin receiving reduced benefits as early as age 62. If you choose to take benefits early, your monthly payments will be lower than if you wait until your full retirement age.
Hopefully, you've kept copies of your pay records during your employment periods. You will have to visit the personnel officer of each company of employment. If you've met their criteria for retirement benefits, you'll be able to apply for retirement pay. If you've paid into Social Security during your periods of employment and reached the retirement age of 65 years and add-on months, you should visit the nearest Social Security office in your area. If your employer and you contributed into a retirement fund and you have reached retirement age, you may have to see that personnel officer, find a stock broker to begin retirement withdrawals, or contact the investment company yourself. I know that you will be required to begin minimum withdrawals from your IRAs at the age of 70 1/2 years.
Whether or not you have worked during your lifetime and earned Social Security, you may qualify for benefits on a spouse's record. This is the case even if you are divorced or widowed.As with regular Social Security benefits, you will qualify beginning at age 62 (you may qualify earlier for survivor benefits, which is explained below). Typically, the amount you receive is reduced the earlier you start collecting before full retirement age. So when you and your spouse apply matters. Here's how it works.If You Do Not Qualify for Benefits on Your OwnIf you did not work enough in your life to qualify for Social Security benefits on your own, you could get one half of your spouse's full retirement benefit once you reach full retirement age, and you will qualify for your spouse's Medicare at age 65. This does not affect the amount your spouse receives.You can begin collecting spousal benefits at age 62, if your spouse has applied for benefits at that point. The amount of your benefit is reduced based on the number of months until you will reach full retirement age. Say your full retirement age is 66. If you begin collecting spousal benefits:
If you were born in 1946, full retirement age for Social Security benefits is 66 years and 4 months. This means you can start receiving your full Social Security retirement benefits without any reduction in payments. However, you may choose to begin receiving reduced benefits as early as age 62, or delay benefits until age 70 to increase the monthly payment amount.
You can get Social Security retirement benefits as early as age 62, but if you retire before your full retirement age, your benefits will be reduced, based on your age. For example, if you retire at age 62, your benefit would be about 25 percent lower than what it would be if you waited until you reach full retirement age. You can still work while collecting your Social Security.
Retirement planning, particularly early retirement planning, is a critical episode in your financial life. There are many complicated decisions and if you get it wrong... you will not have sufficient retirement income to help you through the rough spots and protect you from future risks. An ideal time to consider consulting with a financial advisor is when you retire or begin retirement
First you will have to apply with the social security administration to begin receiving your SSB at the age of 62 and then you will find out when you will receive your first benefit check. You can apply online by going to the SSA.gov website SOCIAL SECURITY BENEFITS ONLINE AND CHOOSE Retirement/Medicare you will go to the Social Security Benefit Application form
You can apply for Social Security benefits when you are 61 years, 9 months old or older, and you should apply no more than four months prior to when you want to begin receiving the benefits.
The full retirement age for individuals born in 1964 is 67 years old. This means that they can begin receiving their full Social Security benefits when they reach that age. If they choose to start benefits earlier, at age 62, their monthly payments will be reduced. Conversely, delaying benefits past age 67 can result in higher monthly payments.