Qualifying for Federal Social Security Benefits Under FERS and CSRS Offset to draw benefits at age 62 is increasing as the full retirement age goes up. Social Security retirement benefits were created to help older Americans live in dignity and independence after a lifetime of work. To qualify for these benefits, you have to meet certain earnings requirements. A spouse age 62 or older. You can apply online for retirement benefits or benefits as a spouse if you: are at least 61 years and 8 months old; are not currently receiving benefits on your own Social Security record; have not already applied for retirement benefits; and want your benefits to start no more than 4 months in the future. The earliest age at which you can begin receiving your Social Security retirement benefits is 62. You can apply for your benefits 3 months before you turn 62 if you want your payments to start at that age. If you were born on the 1 st of the month, we figure your benefit (and your full retirement age) as if your birthday was in the previous month. If you were born on January 1 st, we figure your benefit (and your full retirement age) as if your birthday was in December of the previous year. You must be at least 62 for the entire month to receive benefits. For example, if you were born on Oct. 1 or 2, 1958, Social Security considers you to be 62 as of Sept. 30 or Oct. 1, 2020. Your benefits will start in October 2020; you can apply for benefits in June. But if you were born between Oct. 3 and 31, your first full month at 62 is November. Turning 62 might not sound like a milestone birthday, but it is: That’s the earliest age the Social Security Administration (SSA) allows individuals to begin taking benefits from the system.
Before you go and file for Social Security retirement benefits, you need to thoroughly investigate whether or not you qualify for Social Security disability. Assuming your full retirement age is 67, if you file for those retirement benefits at 62, you’ll receive around 70% of your full retirement age benefit amount. You can start your Social Security retirement benefits as early as age 62, but the benefit amount you receive will be less than your full retirement benefit amount. If you start your benefits early, they will be reduced based on the number of months you receive benefits before you reach your full retirement age.
If you were born on the 1 st of the month, we figure your benefit (and your full retirement age) as if your birthday was in the previous month. If you were born on January 1 st, we figure your benefit (and your full retirement age) as if your birthday was in December of the previous year. You must be at least 62 for the entire month to receive benefits. For example, if you were born on Oct. 1 or 2, 1958, Social Security considers you to be 62 as of Sept. 30 or Oct. 1, 2020. Your benefits will start in October 2020; you can apply for benefits in June. But if you were born between Oct. 3 and 31, your first full month at 62 is November. Turning 62 might not sound like a milestone birthday, but it is: That’s the earliest age the Social Security Administration (SSA) allows individuals to begin taking benefits from the system. Whether you're taking benefits at age 62 or 70, or any age in between, you can apply by calling Social Security at 800-772-1213 or by visiting a Social Security office as well as doing so online. You also can check your application status by going to the online Application Status Information page. Before you go and file for Social Security retirement benefits, you need to thoroughly investigate whether or not you qualify for Social Security disability. Assuming your full retirement age is 67, if you file for those retirement benefits at 62, you’ll receive around 70% of your full retirement age benefit amount. You can start your Social Security retirement benefits as early as age 62, but the benefit amount you receive will be less than your full retirement benefit amount. If you start your benefits early, they will be reduced based on the number of months you receive benefits before you reach your full retirement age.
Whether you're taking benefits at age 62 or 70, or any age in between, you can apply by calling Social Security at 800-772-1213 or by visiting a Social Security office as well as doing so online. You also can check your application status by going to the online Application Status Information page. Before you go and file for Social Security retirement benefits, you need to thoroughly investigate whether or not you qualify for Social Security disability. Assuming your full retirement age is 67, if you file for those retirement benefits at 62, you’ll receive around 70% of your full retirement age benefit amount.
The earliest you can start collecting Social Security retirement benefits is age 62; the latest is age 70. When you start collecting payouts in that eight-year span is There's no right time to begin collecting Social Security benefits, but the age at which Social Security benefits at age 62 than if you wait until full retirement age , (SSA) has several online benefit estimators available at ssa.gov that can help