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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.
What else can I help you with?
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.
Can a person draw survial benefits and their social security benefits?
I worked for the Fed Govt for 35 yrs before that I worked and paid 48 quarters into Social Security, my wife worked for the Railroad and was covered by Railroad Retirement, we are now retired. My Social Security was reduced under the Windfall Elimination Clause of the Social Security Act. I was entitled to a portion of my wife's Railroad Retirement Benefits. The Railroad Retirement Board recently informed me that they were reducing my benefits because I have a Federal pension. This is a double hit, since my Social Security benefits have already been reduced by 45%? I have appealed this ruling and hope to have it reversed. Can they reduce both benefits due to a Federal pension being drawn?
If a railroad worker had worked under Social Security before becoming a Railroad worker can they also receive Social Security benefits?
They can but that person's Railroad Retirement is going to be reduced. Here is a link to the Railroad Retirement Board's website that explains all the details about Railroad Retirement and Social Security Benefits. The tier I portion of a railroad retirement annuity is based on both railroad retirement and nonrailroad social security credits acquired by an employee and reflects what social security would pay if railroad work were covered by social security. Tier I benefits are, therefore, reduced by the amount of any actual social security benefit paid on the basis of nonrailroad employment, in order to prevent a duplication of benefits based on the same earnings. .
Are the monthly social security retirement checks based on your income when you worked or on quarters for everyone reguardless of income level?
Social security benefits are based on your income, adjusted to represent current value; however, there are minimum and maximum benefit levels.
DO railroad workers pay into social security?
Answer: Yes, Railroad workers pay into social security as well as railroad retirement. I worked for the Burlington Northern Railroad and we paid 6. some % into social security and I think 8. something into Railroad Retirement.
Can you receive social security benefits if you have never worked and you are not a citizen?
yes
At what age can a person collect disabilty retirement?
The age for retirement varies depending on the amount of time you have worked. For a list of Social Security benefit requirements go her to the governments social security website found at www.ssa.gov.
Why do Social Security insurance benefits vary from state to state?
They don't. Regular Social Security retirement and disability benefits are the same in all 50 states. Social Security is a federal program that pays differing amounts of cash benefits depending on how much you contributed in FICA taxes, the number of years worked, and your age at retirement, among other things.Supplemental Security Income (SSI), a form of welfare for low-income disabled people and seniors 65 and older, is also funded by the Social Security trust, but some states supplement the federal payout, so the benefit received may vary depending on your state of residence.
How long do you have to work in order to be eligible to collect Social Security benefits?
In order to be eligible to collect Social Security benefits, you generally need to have worked and paid Social Security taxes for at least 10 years, or 40 quarters.
Can nonworking legal immigrants collect social security?
No. Only those who have worked can get benefits.
What are some other sources of retirement income besides Social Security?
There are some other sources of retirement income other than SOcial Security. if you worked at a job with a pension plan, you will receive pension payments every month as well.
What are the eligibility requirements for www.socialsecuritybenefits and how can I apply for them?
To be eligible for Social Security benefits, you typically need to have worked and paid Social Security taxes for a certain number of years. You can apply for benefits online, by phone, or in person at your local Social Security office.
