each year, about a million people get something else in the mail – a bill. They're told they owe the government money, sometimes tens of thousands of dollars, because the Social Security Administration miscalculated their benefits
How Early Social Security Payments Affect You and Your SpouseQ: My wife and I have been drawing Social Security for manyyears. But one thing puzzles me. Her...By DinnenSteve
To understand how an early claim affects your checks, it's helpful first to know what an early claim is. Filing for Social Security benefits early means that you file for benefits before yourfull retirement age(FRA). FRA depends on your birth year. Here's what yours is, depe...
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How early retirement affects Social Security payments You can start taking benefits as early as age 62, but your payout will be lower than if you start at full retirement age or later. Your full retirement age depends on the year you were born. For those born in 1960 or later, the full...
Continuing to work, period: Even if you don’t start benefits early, you can increase your benefits by continuing to work up to any age. Any year in which your indexed earnings are higher than one of your 35 previous highest years will boost your benefits. However, after age 60, you wi...
Social Security survivor benefits for spouses A current or ex-spouse of the deceased person can begin receiving Social Security survivors benefits as early as age 60. An ex-spouse is eligible if the marriage lasted 10 or more years. Ho...
Knowing the techniques scammers use can help you stay one step ahead of them. Here are some things they do that you should be aware of. They may pretend to be someone you know Scammers often pretend to be contacting you from the IRS or Social Security Administration, or from a company ...
Who Can Get Retirement Benefits? Workers who have paid into the Social Security system for at least 10 years become eligible for early retirement benefits at age 62.5Waiting until yourfull retirement age (FRA)(between ages 66 and 67, depending on the year you were born) results in higher mon...