My husband is 100% disabled through the VA and is 60 years old. My question is if he decides to take early social security benefits at 62, will he receive his full social security benefits due to his disability as if he was 67, or will they be reduced because he is 62.

Thanks

Hi Larry,

I received my letter BNC#21B2493B85006-T about taking benefits at full retirement age 66 and 2 months.

My question is this:

If I take my benefits now BUT keep working and contributing will I automatically get a rate increase in the next year? Or is it locked in?

I am a bit confused. Thank you,

I didn't receive my SSI benefit on the first of May because I didn't apply for retirement benefits before I turn 62 on June 2 of this year. I called social security administration and they explained how they will call me this month on a certain date and time. Will I even qualify for retirement benefits? Ronny

I would like to retire this year, November 1st, 2021. I will be 66 years old on 11/2/2021. I am 2 months short of the 66 years and 2 months for full social security. How do I figure out how much my benefit will be reduced>

Thank you.

I retired in 2020 at 59. Worked for 41 yrs.
1.5 mil in retirement Accts. Married, no kids and low debt.
Question: if I’m no longer paying into SS will my benefit start to reduce each year until I reach 67?

My wife turns 70 on June 4, 2021. To receive her maximum benefits, should she claim her retirement benefits commencing June 2021 or July 2021?

Hi. June 2021. You don't need to be age 70 for the whole month to be eligible for your age 70 rate.

Best, Jerry

If I start drawing Social Security at age 66 and 2 months, is this the full max benefits?

Hi. If you were born in 1955, thus making your full retirement age (FRA) 66 & 2 months, then you would be paid a monthly rate equal to 100% of your primary insurance amount (PIA). That isn't the maximum amount that you could draw, however.

I am 60 and self employed for 30
Years. the vast majority of my income was / is from
company profit distributions and 1099 income. My questions:

What can I do now and for the next few years to maximize or build up more social security benefits for myself (and spouse, same situation) before I / we retire? (i.e.; pay myself a W-2 income)

Greetings. I was born in 1960. I was hoping federal legislation was going to address the SSI formula that was impacted by the economic downturn in 2020. Some news stories estimated people born in 1960 would get far less SSI because of the poor economy in 2020. Question do you have any knowledge of federal legislation helping those born 1960? Did legislation pass or is it pending? I was late getting into the workforce; raised autistic child. Currently the SSI website reports I will receive $930/mth, all things being equal.

My wife and I have been running a non-incorporated business since since 1996 and file our taxes jointly. I just discovered that the for the last 15 years SSI earnings have all been assigned to her and show $0 for myself. Taking into consideration that these years have been of lower taxable income, will these 15 years of $0 lower my SSI benefits?