Social Security benefits in the United States are designed to provide financial benefits to those who are no longer working and have entered retirement, who are disabled, or who lose an income earner. As such, Social Security benefits are a very important system of support for millions of Americans in Schererville and other parts of the country.
As you age, you may have questions about how you can claim your Social Security benefits. Here’s what you need to know:
Most people are most familiar with the possibility of claiming Social Security benefits when they reach full retirement age. Your full retirement age is the age at which, if you retire and begin claiming benefits, you will receive your full benefit amount. Each person has a different full retirement age depending on when they were born. For example, those who were born between 1943 and 1954 have a full retirement age of 66.
Even if your full retirement age is 66, you do not have to wait until you are 66 years old to begin claiming Social Security benefits in Schererville. In fact, you are allowed to start claiming benefits as early as age 62 (keep in mind, however, that your benefit amount will be reduced in order to account for the additional months for which you will be receiving benefits). You are also able to start collecting benefits after you reach full retirement age, and can wait until age 70 to begin claiming Social Security. For each year you wait after your full retirement age (up until age 70), your benefit amount will increase.
Even if you did not work enough during your lifetime to earn your own Social Security work credits, you can claim benefits on the record of your spouse if you are at least 62 years old and if your spouse is otherwise eligible for retirement or/and disability benefits.
If you are divorced, you can claim Social Security benefits on the record of your ex-spouse if you and your ex were married for at least 10 years, you have not remarried, your Social Security retirement benefit amount is greater on your spouse’s record than it would be on your own record, and you are at least 62 years old.
In addition to claiming Social Security benefits when you retire, you can also apply for Social Security disability benefits in Schererville if you have a qualifying disability, if your disability prevents you from working, if your disability has lasted or is expected to last for at least 12 months or result in death, and you have earned work credits during your working years. Your dependents can also receive disability benefits off of your record.
If you have more questions about how to claim Social Security benefits, sign up for one of our free Social Security workshops held near Schererville. At Harvest Social Security QA, we are committed to providing free education regarding Social Security benefits and how to maximize your benefit amount. Sign up today to learn more.
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