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Is it possible for me to retire at 40 and still collect social security benefits?
No, you cannot collect Social Security benefits until you reach the minimum retirement age, which is currently 62.
When can I collect full Social Security benefits?
You can collect full Social Security benefits at your full retirement age, which is typically between 66 and 67, depending on the year you were born.
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.
I am already receiving social security retirement benefits can i still collect unemployment benefits in California?
Yes, you can collect unemployment benefits in California while receiving Social Security retirement benefits. However, your unemployment benefits may be affected by the amount of your Social Security income, as the state may reduce your unemployment payments based on your retirement benefits. It's advisable to check with the California Employment Development Department (EDD) for specific eligibility requirements and potential impacts on your benefits.
Can a working woman who receives social security survivor's insurance also collect her own social security benefits upon retirement?
Yes she can.
If you receive full retirement benefits can you receive early retirement benefits?
You can receive early Social Security Retirement benefits at age 62 but if you income exceeds a specific dollar amount per year ($12,960 in 2007), your Social Security benefits will be reduced by $1 for every $2 earned over that amount. After you reach full retirement age, you will no longer be penalized for your earnings. For more information, check out the article on Social Security Retirement Benefits-When To Collect at www.Americas-Best-Places-To-Retire.com
Can I collect Social Security if I was born in 1958?
Yes, if you were born in 1958, you can collect Social Security benefits. You are eligible to start receiving retirement benefits as early as age 62, but your full retirement age is 66 years and 8 months. If you choose to take benefits before reaching your full retirement age, your monthly payments will be reduced. It's important to consider your financial situation and plans when deciding when to start collecting benefits.
At full retirment age 66 can you and your husand collect own separate benefits check from social security?
Yes, if you both earned enough credits to qualify for Social Security, then you can each collect your own benefits. To qualify for Social Security retirement benefits, you must have earned 40 credits (approximately 10 years of work). You can actually collect your own benefit as early as age 62, but you won't receive your full benefit until you reach your full retirement age. Once you are at your full retirement age, you can choose to collect either your own benefit, or the spousal benefit, whichever is higher.
Can your wife at 62 collect early benefits off of your benefits without affecting hers or your benefits at full retirement?
Your spouse cannot collect benefits from your work record until you are collecting your benefits, so if you do not collect until your full retirement age, she cannot collect anything either.
Can I collect California state disability SDI EDD and Social Security Retirement at the same time?
Yes, you can collect California State Disability Insurance (SDI) from the Employment Development Department (EDD) and Social Security Retirement benefits at the same time. However, the amount you receive from Social Security may be reduced based on your SDI benefits. It's important to check with both agencies for specific eligibility requirements and potential impacts on your benefits.
CAN YOU COLLECT SOCIAL SECURITY AND EMPLOYMENT IN NJ?
Yes, in New Jersey, you can collect Social Security benefits while also being employed. However, if you are under full retirement age and earn above a certain threshold, your Social Security benefits may be reduced. Once you reach full retirement age, you can earn any amount without affecting your benefits. Always check the latest guidelines, as rules and thresholds can change.
In Michigan if you are able to defer retirement benefits for one year can you do this in order to collect unemployment?
If you are referring to "defer retirement benefits" as meaning Social Security benefits, there is no need to defer the decision. As long as you can qualify for each of the benefits individually, you can collect both at the same time. They do not interfere with each other at all. Any other retirement programs would be handled by offsetting unemployment benefits by the employer paid portion of retirements on a weekly basis.
