I turned 66 on August 18, 2020 but elected to wait to start collecting my Social Security benefits so the monthly payments will be higher.( I'm still working) I have a statement from May 10 of this year that says at age 66, I will receive about $2571 per month. I turned 67 yesterday and checked my statement. It now says at age 67, I will receive the same amount. It was my understanding that the longer one waits until age 70, the monthly payout gets higher. Any thoughts on that? - thanks
I forget to apply my social security benefits when I turned 70 years old ,I finally got it done after 11 months delay. social security gave me 6 months retroactive benefits . but I was 5 months short of benefits if I apply it on time. is there anyway to go back more than 6 months?
Hi Caleb. No. Six months is the maximum amount of retroactivity allowed for Social Security retirement benefits under Social Security law (https://secure.ssa.gov/apps10/poms.nsf/lnx/0200204030).
Hi... I will be 62 on Sept. 15 of 2021. I applied for my benefits in late June of this year. I requested that my benefits to start in Sept. SSI stated my first check will start in Nov. instead of Oct... is that correct?
I'm 70 an worked most of my life only get 900 a month.But I went back to work they still take social security out why I'm I gonna get more.
I applied for retirement benefit at age 68 and no decision yet from SSA. What SSA decide now will be the final amount for the rest of my life. Will it be? I plan to stop the payments, and go back to work until 70 to earn delayed retirement credit. At that point the amount will be higher due to the credit. My question is: will the second, higher amount for the rest of my life? Or when I stop working at age 70 with no other income it will go back to the amount what I was entitled at age 68?
Thank you for your time.
My dob is 12/11/56 if I retire at age 65 1/2. How much will that affect my social security check.
Hi. Based on your birth date, your full retirement age (FRA) is 66 & 4 months. Therefore, if you start drawing your Social Security retirement benefits at age 65 1/2, you'd be starting 10 months prior to FRA. People who start drawing their benefits at FRA receive 100% of their primary insurance amount (PIA). But, if you start drawing 10 months before FRA you'll be paid roughly 94.4% of your PIA instead.
When I was 62 I applied for social security and told them I wanted to continue to work also. So now at the age of 70. I asked social security I would like to retire and get full benefits.They told me no that when I applied for social security at age 62 it was locked in.So the rest of my life till I die I will receive a monthly check for around $476.00 .Is this right?
Hello again Larry.
Hi my question is if worked for 17 years in one job and 3 years in another job when younger but have not worked in 21 years due to being a unpaid caregiver for a family member do I still qualify for social security at 62 years old?
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.