Sentences with phrase «claiming your benefit at»

If you plan to return to work after 12 months and at 11.5 months you realize you still don't have daycare arranged, you probably won't be able to extend your benefits at that point because you've already been claiming benefits at the higher, shorter - term 55 percent rate.
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?
Her late spouse's PIA is $ 1,473 in today's dollars and he claimed his benefit at his full retirement age.
For example, if your FRA is 66 and you claim your benefit at age 62, your monthly benefit will be cut by 25 percent for the rest of your life.
Well, the truth is these are all aspects of fat loss, but this type of marketing is little more than an attempt to dazzle you with terminology and scientific half - truths in hopes that you just accept the claimed benefits at face value.
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.
In short, you'll take the standard 25 % haircut for claiming your benefit at 62 vs. your full retirement age of 66.
In other words, in the above situation, if you claim benefits at age 70, you'd have a Social Security benefit equal to what might be sustainably withdrawn from $ 1 million in cash, an increase of $ 457,200 over the age 62 amount.
If you were born between 1943 and 1954 and hence your full Social Security retirement age is 66, your benefit will be reduced by 25 % if you claim benefits at age 62, 20 % if you claim at 63, 13.3 % at 64 and 6.7 % at 65.
You can generally start claiming benefits at age 65, or sooner if your plan sets an earlier retirement age.
If you retired and claimed your benefits at age 62, you'd get just $ 1,050 per month in benefits.
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?
Nancy Law claimed these benefits at age 30, after the death of her husband who had contributed to the Canada Pension Plan for a period of 22 years.
Signing up before you reach full retirement age will allow you to receive your benefits as early as age 62, however, to get the full payout you are entitled to you'll need to wait to claim your benefits at your full retirement age.

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.
Published just this week, Media Matters seemingly confirms some of the stunning claims (or at least themes) in Fire and Fury while trying to give President Trump some more benefit of the doubt in his ongoing war with the press.
Economists and politicians will always be at loggerheads when it comes to job growth claims, with economists continually stating that the benefits are overstated and politicians will respond like William Shatner at a Star Trek convention.
Claiming Social Security retirement benefits at the earliest age — 62 — is a big temptation for many aspiring retirees.
Boeing (ba) and Bombardier (bombf) traded barbs on Monday over the U.S. planemaker's claim that its Canadian rival benefited from billions of dollars in illegal government subsidies and dumped its newest jetliner in the United States at below cost.
About a quarter are awarded benefits on their initial claim, while another 2 percent are approved on appeal and 11 percent at hearings.
As AARP explains, the older spouse claims retirement benefits at full retirement age and immediately suspends them.
Indeed, the amount you receive in monthly benefits is largely determined by the age at which you begin collecting, your marital status, lifetime earnings and the method by which you claim.
To «go on claim,» insurance - speak for using the benefit, you must be unable to perform at least two «activities of daily living,» such as bathing, dressing, feeding and toileting, for most policies.
Prior week's reading was revised to 218,000 from 215,000, erasing what was originally reported as a 45 - year low Unemployment rate among people eligible for benefits was unchanged at 1.3 percent Colorado and Maine had estimated claims last week, according to the Labor Department
Asked Shenfeld: «When it's claimed that today's median American family is worse off than one decade ago, do we really capture the benefits from the existence of the Internet, cellphones and other goods that couldn't have been in the earlier consumption basket at any price?»
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.
The reason: Recent Social Security claims changes could spell the beginning of «means testing» to obtain social security benefits at all.
Working at home may offer benefits, such as flexible hours, but some businesses providing the opportunity are offering broken promises and false claims.
In the recent budget, the government said it's also looking at ways to prevent corporations from abusing treaties and claiming tax benefits they're not actually entitled to.
By contrast, the benefits are calculated at $ 790 million, though the report claims that is a generous estimate at best.
Money to Burn suggests that federal biofuel initiatives cost $ 3.00 — 3.50 for every dollar of social and environmental benefits returned, and that's assuming there are any benefits at all — the report claims that it is hard to know if biofuels have a positive environmental impact:
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.
There are a few ways to claim Social Security benefits, but doing so online at www.ssa.gov is by far the quickest and most efficient way.
It can be tempting to claim your benefit as soon as you're eligible for Social Security — typically at age 62.
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.
For example, the following chart shows how much I could hypothetically receive in lifetime benefits if I claim at 62, 67, or 70.
As you can see, if I live into my late 70s, I'll collect more in lifetime benefits if I claim at age 67 than if I claim at age 62.
As in the previous example, if Mary Ellen claims survivor benefits at 62 (before her FRA), she would receive $ 1,237 a month.
For C corps, they can claim more tax deductions than a partnership may be able to, write off benefits for employees (like health insurance) as business expenses, and are at much less risk of being audited as opposed to an LLC or sole proprietorship structure.
Financially speaking, determining the best age to claim your benefits is helped by considering the various breakeven points associated with your life expectancy, and the lifetime benefits you could receive if you claim at various ages.
While there are a couple of benefits of collision insurance, the main one is that you can file a claim and receive reimbursement regardless of who was at fault.
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.
You can claim benefits as early as age 62, but if you wait until at least age 70, your monthly check could be nearly twice as much.
«We're working closely with ASIC to provide refunds to customers who may have been ineligible to claim some benefits due to their employment status at the time of taking out the policy» Mr Comyn said.
They conferred substantial financial benefits on Retrophin's already highly - compensated founder at Retrophin's expense and provided no benefit to Retrophin other than a release of claims relating to actions that Shkreli undertook in his capacity as the manager of the MSMB Funds.
Due to the large number of these provisions, it's probably a good idea to hold off on filing your return if it includes any item that would have qualified for a deduction or credit that expired at the end of 2016, until you can determine whether that item was extended — and whether the IRS is ready to accept a return claiming that tax benefit.
Many factors could cause BlackBerry's actual results, performance or achievements to differ materially from those expressed or implied by the forward - looking statements, including, without limitation: BlackBerry's ability to enhance its current products and services, or develop new products and services in a timely manner or at competitive prices, including risks related to new product introductions; risks related to BlackBerry's ability to mitigate the impact of the anticipated decline in BlackBerry's infrastructure access fees on its consolidated revenue by developing an integrated services and software offering; intense competition, rapid change and significant strategic alliances within BlackBerry's industry; BlackBerry's reliance on carrier partners and distributors; risks associated with BlackBerry's foreign operations, including risks related to recent political and economic developments in Venezuela and the impact of foreign currency restrictions; risks relating to network disruptions and other business interruptions, including costs, potential liabilities, lost revenues and reputational damage associated with service interruptions; risks related to BlackBerry's ability to implement and to realize the anticipated benefits of its CORE program; BlackBerry's ability to maintain or increase its cash balance; security risks; BlackBerry's ability to attract and retain key personnel; risks related to intellectual property rights; BlackBerry's ability to expand and manage BlackBerry ® World ™; risks related to the collection, storage, transmission, use and disclosure of confidential and personal information; BlackBerry's ability to manage inventory and asset risk; BlackBerry's reliance on suppliers of functional components for its products and risks relating to its supply chain; BlackBerry's ability to obtain rights to use software or components supplied by third parties; BlackBerry's ability to successfully maintain and enhance its brand; risks related to government regulations, including regulations relating to encryption technology; BlackBerry's ability to continue to adapt to recent board and management changes and headcount reductions; reliance on strategic alliances with third - party network infrastructure developers, software platform vendors and service platform vendors; BlackBerry's reliance on third - party manufacturers; potential defects and vulnerabilities in BlackBerry's products; risks related to litigation, including litigation claims arising from BlackBerry's practice of providing forward - looking guidance; potential charges relating to the impairment of intangible assets recorded on BlackBerry's balance sheet; risks as a result of actions of activist shareholders; government regulation of wireless spectrum and radio frequencies; risks related to economic and geopolitical conditions; risks associated with acquisitions; foreign exchange risks; and difficulties in forecasting BlackBerry's financial results given the rapid technological changes, evolving industry standards, intense competition and short product life cycles that characterize the wireless communications industry.
If you claim spousal benefits at the earliest possible age of 62, you will only receive 32.5 % of your spouse's primary insurance amount.
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