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At age 62 if you have enough earned credits (work periods throughout your life) you would become eligible for a reduced portion of your social security retirement if you waited until you were 65 years of age. At age 62 you would receive approx. 75% of what you would have received if you waited until you were 65 years old.
Disability under social security prior to your retirement age (either 62 or 65) would depend on your medical condition and how disabled you would be. However you would still need enough work credits to be eligible.
What else can I help you with?
What happens if you don't pay into social security?
If you don't pay into Social Security, you may not be eligible to receive benefits when you retire or if you become disabled. It is important to contribute to Social Security to ensure financial support in the future.
How do you collapse your social security trust account?
You cannot collapse your Social Security trust account. Social Security is a government-administered program that provides retirement, disability, and survivor benefits to eligible individuals based on their work history and contributions. The funds in your Social Security account are used to pay benefits to current beneficiaries and will be available to you when you become eligible to receive benefits.
Can a child collect social security if they have a parent over 50?
For a minor child (under age 18) to collect Social Security, the child's parents must be eligible for Social Security. This generally occurs when the parent(s) become 62 or "permanently and totally disabled" as defined by Social Security.
What is the total amount of the social security bonus that I am eligible to receive, given that it is calculated to be 15,978?
The total amount of the social security bonus you are eligible to receive is 15,978.
How do you earn work credits for Social Security?
You earn work credits for Social Security by working and paying Social Security taxes. Each year you work, you can earn up to four work credits based on your earnings. Once you earn enough credits, you become eligible for Social Security benefits.
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 you get soicial security off your dad if he was in the army and retired?
Military personnel do not pay FICA and are not eligible for Social Security unless they have at least 40 credits of civilian work. The children of a Social Security beneficiary are eligible for Social Security only until age 18.
Are you able to draw Social Security in Alaska?
Only if you are eligible.
When are you eligible for social security benefits?
You have to be someone that is at least 62.
You are currently drawing unemployment and will be eligible for your Social Security in July can you draw Social Security and unemployment at the same time?
Yes.
Is the wife of a deceased military man eligible for his social security?
Yes, but it depends on how long they are married. Call social security.
Am I eligible for social security benefits?
To be eligible for social security benefits, you generally need to have worked and paid into the social security system for a certain number of years. Additionally, you must meet specific age and disability requirements. It is best to check with the Social Security Administration to determine your eligibility based on your individual circumstances.
