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What else can I help you with?
How many years are used to calculate Social Security benefits?
The Social Security Administration averages your income for your 35 highest earning years.
Will Social Security go down if you were on unemployment?
Not if you are already receiving Social Security. If you are still in your earning years, your ultimate benefits my reduce as they take the average of your last 40 quarters of earned income (which does not include unemployment benefits) to determine the benefits you receive.
Working and drawing social security benefits?
First of all the earliest age you can draw your benefits is 62 years old. To apply to draw social security benefits you can do it on the internet using a form provided on the social security association website.
Does your wife receive Social security benefits if you die?
Yes. I live in Indiana and my children and I have been receiving social security benefits based on his income for the last 4 1/2 years. I would give it all back, and more, to have him back.
How much do you get monthly income on social security disability income?
How much money can I earn monthly while on Social Security disability Insurance
Is it possible to increase monthly social security income?
if i am receing my spouse social security is it possible for me to get my own when i am 66 years old
What are the eligibility requirements for receiving social security benefits?
To receive social security benefits, you generally need to have worked and paid into the social security system for a certain number of years, typically at least 10 years. You also need to be at least 62 years old, or have a qualifying disability.
What disqualifies a retiree in receiving social security benefit?
Im 62 years old now can I retire?
What is the income threshold that one must reach in order to receive the maximum amount of Social Security benefits?
The income threshold to receive the maximum amount of Social Security benefits is based on the highest 35 years of earnings.
How can I qualify for social security retirement benefits?
To qualify for social security retirement benefits, you generally need to have worked and paid social security taxes for at least 10 years. The amount you receive is based on your earnings history and the age at which you start receiving benefits.
If you cut back to part time work for the last couple of years before retiring will it reduce your social security benefit?
Social Security Administration calculates your earnings based on the highest 35 years of income. So continuing to work part time will not lower your benefit amount. They even include years of zero income in the calculation if there are not 35 years of income recorded.
How much people get from social security depends on what?
The 35 years that they had the highest income that was subject to the social and medicare tax withholding. You can find information about your possible social security benefits in future years by going to the SSA gov web site Click on the below Related Link
