What You Should Know About Applying For Retirement

" "Approaching and preparing for retirement can be a daunting task, but we are here to make it as easy as possible. Social Security has eliminated the forms, signatures, wait time, and appointments. We made it easy, convenient and secure. You can complete our online retirement application in as little as 15 minutes from your preferred location, at a time most convenient for you.

Before you apply, you should think about things like how you’ll receive benefits, your health, and whether anyone else in your family can get benefits on your record. Let’s go over the basics together, just to make sure you’re on the right track for retirement, when the time comes.

The age you choose to retire affects the amount of benefits you receive and when you can start receiving them. If you start them any time before your full retirement age, we’ll reduce your monthly benefit. Depending on your year of birth, your full retirement age is likely between age 66 and 67. You may start receiving benefits as early as age 62 or as late as age 70.

If you elect to receive benefits before you reach full retirement age, and continue to work, it can affect your benefits. Social Security has an awesome tool called the Retirement Estimator that calculates a personal estimate of how much your benefit will be at different ages and “stop work” dates. You can use it to find the best combination for your situation.

You can read about other things to consider before you make your decision about when to begin your benefits. If you’re ready to apply, you can do it online. It’s easy, convenient, and secure!


28 thoughts on “What You Should Know About Applying For Retirement

  1. I would like to know or if someone call me back concerning my first payment where SSA took168.00 dollars from me without any explanation. My number is 2252292983. I’ve gone to get SSA office several times and no explanation from SSA. Looking forward to hearing from you.

    • Could it be your Medicare Part B payment, increased because of an IRMAA adjustment? Or your Part B and Part D combined? Or did you request that income taxes be taken out? Do you have any debts in arrears like student loans?

  2. Why is it hard for the Federal US Congress to pass legislative laws to allow the sells of Medical marijuana & recreation Marijuana which will produce enough Tax Revenue to boost Social Security funds for the next 120 years.

  3. I received money from SSDI, saying it was for my retirement, this month. Am i going to receive this every month and will it affect my SSDI that i receive every month?

  4. It’s not any clearer after this posting.
    My retirement day is somewhere between 66 and 67..boy is that helpful, not.
    Does it mean either on your 66th or 67th birthday or somewhere on or between them?
    Will you screw me if I start the process at 65.5, but want to start receiving at 66?

    • I am not an expert but I have read pretty extensively on SS. Your full retirement age depends on your birthday. For anyone born in 1954 or a few years earlier, full retirement age is 66. If you were born after 1954, full retirement age starts to incrementally increase. Google “SS full retirement age” and you should be able to narrow it down by looking at your birth year.

    • You should be able to designate that you do not want benefits to start until the month you turn your full retirement age. I will be 66 in June 2020 and I plan on starting the application process in April, with the certain understanding that I do not want benefits to start any earlier than my full retirement age of 66. Make sure that is understood on your application. My understanding is that the first payment will be in the month following the birthday month, so in my case I will expect the first payment in July 2020.
      Starting the application process 6 months in advance may not be the best timing. From what I’ve read, 2-3 months ahead of the time you want to start benefits is optimal.

  5. If I choose to retire at a overseas location, for example in my case, Taiwan. How will I apply for Social Security Retire Benefit in Taiwan. Can it be done on-line as well. How about the bank account which receives the retirement check? How is it done to have SSRB check direct deposit to my bank account in Taiwan?
    Thank you.

  6. I’m on disability. I’m turning 63yrs old this December. Does my disibility turn into my retirement payment or how does this work? Is retirement a higher salary than disibility or is it the same amount?

  7. Excellent Information. You are doing your best to keep everybody inform about benefits. In about 8 months I will apply for my benefits and all these information help me to make a wise decision.


  8. I started filling out retirement forms some months past but never finished or sent anything in to SS. Can I use the new online procedure to file?

  9. i Would like to talk to someone about what and when is the best option for me to start social security benefits. Also what paperwork I need to bring with me to get it started my birthday is 12-31-1957

  10. I was told I could apply for my social security benefits the year I turn 66. I turn 66 September 25, 2020. Can I apply January 2020 and start receiving the benefits at that time. Do I have to wait until 9/25/20 to receive benefits?

  11. I am 62 years old and I was presently getting paid SSI benefit till last month(Oct.) And my benefit stop.i was advised to file retirement plan.do I have any option here? Either wait till IAM at the age of 66 to retire and retain my SSI b3nefit?

  12. I am putting together life skills training classes free to the public. I am in need of someone that can cover the basics of Social security and Disability. Is there a person that can be recommended?

  13. I think that everything posted was very reasonable. But, what about this? suppose you typed a catchier title? I am not suggesting your information isn’t good, however what if you added something that makes people want more? I mean Adbot is a little plain. You should peek at Yahoo’s front page and watch how they create post titles to get people interested. You might add a video or a pic or two to grab people interested about what you’ve written. In my opinion, it could make your posts a little livelier.

    Info well used..

  14. I plan to keep working for quite a few more years. I am just trying to get set up with Social Security early concerning receiving the number that you will send me to get registered for Medicare, should I need it.
    I turn 65 this December, as you can see.

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