Retirement Benefits

Should I Start Paying Myself Now To Get A Higher Benefit At Age 70?

I am 66 years old self employed living off rental income and not paying social security taxes.My social security benefit at 70 will be $1800 per month based upon my prior work history. Should I start paying myself now and paying into social security to get the maximum social security benefit of $2800 when I turn 70? When should I start and how much should I pay myself to get the maximum benefit at 70? Thank you


Why Do I Have To Wait 60 Days For My First Payment?

Generally social security holds back a check. I turned 62 on 9/6/2017 in which I applied on 8/1/2017. I thought it was 3 months before but was given a phone interview date 30 days before. Anyways I thought I was going to get my first check on second Wednesday in October but instead was sent a letter that it will be second Wednesday in November. Why do I have to wait 60 days from birthday vs. 30 days or will my first check be double. My friend got hers 30 days following birthday. Please reply.

Is There Anything I Should Know Before Contacting Social Security?

I will turn 70 on Jan 2, 2018. Is there anything I should know or be aware of before I contact social security to start my benefits in Jan. 2018?


One thing that you should be aware of is that you will be asked what month that you wish to start receiving benefits, and you will have the option of choosing to receive up to 6 months of back pay. However, starting your benefits effective with any month prior to the month you turn age 70 would result in you receiving a permanently lower monthly benefit rate.

Aren't I Entitled To My Own Retirement Money?

My husband died Active Duty when he was 31and I was 25 at the time. I'am 63 now I have been receiving VA for widows. Have worked all these years. How would taking my SS retirement benefit for myself work, aren't I entitled to my own retirement money.


I'm sorry for your loss.

Yes, if you've worked long enough to be insured for Social Security benefits then you should be eligible. I'm not an expert on VA benefits, though, so I can't tell you whether or not drawing Social Security would affect your VA widow's benefits.

Does It Sound Like I'm Getting The Right Amount?

i am now almost eighty in 4 months been drawing social security since 62 i never thought I was being paid enough so after all these years I ask they told me that they would re figure it again I now get 1550 they take out 100.00 medicare end up getting 1450 I took 35 years of highest wages it came out to using their figures 1,047,652.00 does this seem it is correct i know taking it early u get a lower amount but i had pretty good salary