Sentences with phrase «claim full benefits»

Generally speaking, homeowners have to itemize their taxes in order to claim the full benefits of a mortgage interest deduction.

So he had to go all the way to the Supreme Court of Canada to claim the full benefit he had paid for when he purchasedhis car insurance from Portage La Prairie Mutual.

Not exact matches

You receive 100 percent of your retirement benefit if you claim at full retirement age — 66 or 67 for most individuals, depending on when you were born.

As AARP explains, the older spouse claims retirement benefits at full retirement age and immediately suspends them.

Using the «claim now, claim more later» strategy, retirees can claim some benefits now, and higher benefits later, by applying for spousal benefits instead of their own retired - worker benefits when they reach full retirement age.

Determining how and when to begin claiming Social Security starts with an assessment of whether or not you can afford to delay benefits until your full retirement age, said Alison Shelton, senior strategic policy advisor with AARP.

For example, SSA estimates someone born in 1955 would receive 74.2 percent of their full monthly benefit by claiming at age 62, and 92.2 percent by claiming at age 65.

Claim at 70 or later, and you'd be entitled to 132 percent of your full monthly benefit.

In fact, as long as Rosie waits until her full retirement age to claim benefits, Rob can take home as much as half of Rosie's benefit.

The law provides incentives to delay claiming retirement benefits: monthly benefits grow larger for each month you delay receiving retirement benefits between full retirement age (currently 66) and 70.

Can you afford to «retire early» and claim benefits at age 62, should you wait until your full retirement age, or can you wait until age 70 in order to receive the largest possible monthly benefit?

For example, my full retirement age is 67 and if I claim at age 62, the earliest age at which I can file for Social Security benefits, my benefit will be equivalent to 70 % of my full retirement age benefit.

Her late spouse's PIA is $ 1,473 in today's dollars and he claimed his benefit at his full retirement age.

However, if my full retirement age were 66 instead, and I claimed at age 62 or 70, then my benefit would be the equivalent of 75 % and 132 % of my full retirement age benefit, respectively.

you'll get a smaller monthly benefit, and if you claim later than full retirement age, you'll get a bigger monthly benefit.

The calculation decreases or increases benefits by a fixed percentage for every month you claim early or late, so people with a lower full retirement age will get more in benefits as a percentage of their full retirement benefit if they claim earlier or later than someone with a higher full retirement age.

I plan on taking Social Security at 66, because that will be full retirement age for me, and my wife will receive 50 % of my benefit when I claim it (the max she can get).

For example, if your benefit at the current full retirement age of 66 is $ 1,000 but you opt to claim at 62, it would be reduced to $ 750.

If you choose to claims before your full retirement age, your benefit will be reduced.

• James Brown retires and delays claiming benefits 4 years beyond his Full Retirement Age (FRA).

If you qualify for Social Security, you can claim your benefits as early as age 62, but you won't get 100 % of the benefit you're entitled to unless you wait to claim until you reach your full retirement age.

Yes, you can claim before then, and you can even claim later for higher monthly benefits, but this quick view is for your full retirement age.

If you delay your claim until your full retirement age — which ranges from 66 to 67 depending on when you were born — or even longer, until you are age 70, your monthly benefit will grow and, in turn, so will your surviving spouse's benefit after your death.

While your spouse could file for spousal benefits as early as age 62, he or she will get the maximum amount only if you both wait until your full retirement ages before claiming benefits.

test that exists only for self - employed people claiming early benefits (because the test for people who have reached Full Retirement Age is * only * their age, remember; they need undergo no additional tests, such as hours worked or income) is to work a * very few number * of hours.

Granted that no parents can claim full and true knowledge of what is for the benefit of the child, the obligation still rests with them to govern their action with respect to him in the light of their best understanding of his real needs.

The ACCC rightly points out that Murray Goulburn's submission to the tribunal does not distinguish between a full acquisition of Warrnambool and a partial acquisition in calculating the claimed public benefits.

You'll need a MAT B1 form in order to claim for maternity pay and benefits, whether you're unemployed, self employed, full time or part time.

I'll spare you all the details of this, because it's a little in the weeds, but suffice to say there are some who believe full disability pension benefits were being doled out to uniformed workers for things like heart disease and hypertension, under the claim that the stress of the job either caused these ailments, or exacerbated the effects for those who were preconditioned.

«A clear vision of what full employment would look like could also help to mobilise opinion in favour of the policies the government needs to put in place to achieve an employment rate well above its previous peak of 73 %, to ensure that fewer people are claiming out - of - work benefits and to deliver higher real wages — and ultimately it is having these policies in place that is important,» it stated.

If I lose my job, can I put my (female) partner down as my landlord and claim the full amount of housing benefit?

Cuomo has yet to offer the full - throated public support for MMA that the sport's promoters claim he has expressed in private, but continues to make generally supportive comments about its potential economic benefits.

:: Urgently pay Edo State pensioners over 42 months outstanding pension benefits and entitlements from the over N29bn Paris Club refunds received by your government and meant for the payment of pension arrears and gratuities;:: Adopt a human rights policy of guaranteeing regular payment of pension benefits and entitlements so that pensioners and their families can live decently;:: Recognize the human rights of Edo State pensioners and ensure their full and effective enjoyment of those rights, as well as provide them with information to enable them to claim their rights;:: Treat all pensioners in Edo State as individuals with humanity and dignity and respect and promote their higher standard of living and improve economic and social conditions for all pensioners;:: Provide Edo State pensioners with proper support and assistance to alleviate their plight, including by ensuring informal, community - based and recreation - oriented programs for pensioners to help develop their sense of self - reliance and independence;:: Reduce opportunities for corruption in the spending of the Paris Club refunds

They will need to stay together for five years, instead of two which is the current rule, before the new arrival gains the right to settle here, and the full right to claim benefits.

Cornegy (D - Brooklyn) made a different argument, saying many people would not run for office if they didn't have a chance to claim full city pension benefits, which happens after ten years on the payroll.

In their struggle to develop huge, full and maximally striated chests, many bodybuilders are willing to try anything and soon end up lost and confused in the wonderland of fancy, over-the-top complex chest movements that claim to offer superior benefits when compared to the classic exercises used by the legends of the Golden Age of bodybuilding.

Someone is «claiming» that because High water content foods digest faster i.e. watermelon and low water content foods digest slower i.e. nuts, it means that a smoothie can spoil the process for your body and your body can miss out on the full nutritional benefits.

If you claim benefits before your full Social Security retirement age, which will be either age 66 or 67, your benefit will be reduced if you're still working and your earnings are above certain thresholds.

But if you claim Social Security before full retirement age and continue working, your earnings might reduce your benefit amount — but only until you reach full retirement age.

If you're able to make full use of it, you'll get a larger tax benefit than if you claim a deduction for foreign tax paid.

The maximum benefit for those retiring at age 70 in 2017 is $ 3,538 — almost $ 900 more than the maximum benefit for someone claiming benefits at the full retirement age.

For full details on eligibility requirements for a student loan deduction and how to claim it, see IRS Publication 970, Tax Benefits for Education, or speak with a tax professional.

By claiming early, her full retirement benefit of $ 1,100 was reduced to $ 825.

Once John claims his full retirement benefit of $ 2,500, Mary will be eligible for a spousal benefit.

Lower - earning spouses who claim their own Social Security benefit before full retirement age take a cut of as much as 25 %.

If you won't reach your full retirement age in 2018 but have already claimed benefits, the SSA can withhold $ 1 in benefits for every $ 2 in wage income above $ 17,040.

If, instead, she claims her spousal benefit before she turns full retirement age, she would get less than $ 975 because the spousal portion will also be reduced.

And we will extend the Working While on Claim Employment Insurance pilot project, which gives unemployed Canadians the ability to accept some work — work that could lead to learning new skills or even full - time employment — while protecting their EI benefits.

Married couples have even more opportunities for increasing the amount they'll collect over their joint lifetime by engaging in various claiming strategies, such as the older spouse filing and suspending his or her benefit at full retirement age so the younger spouse can collect spousal benefits while the older spouse's benefit continues to grow.

Conservatives: Increase parental leave to 18 months, allowing parents to take up to six months of additional unpaid leave; allow self - employed parents to earn money without impacting EI payments; offer choice between full parental leave EI payments for 35 weeks, or extend those payments, at a lesser rate, for up to a maximum of 61 weeks; women receiving EI maternity benefits will also be able to earn employment income under the Working While on Claim pilot project (this is currently permitted for those receiving EI parental benefits).