Sentences with phrase «months after full retirement age»

Notice that the first rule above gives the number of months after full retirement age, and the second rule above gives the number of months after benefits begin.

Not exact matches

The exact amount that benefits are reduced or increased depends on how many months before or after your full retirement age you file for benefits.

After that, two months are added to the full retirement age for every year until 1960, when the full retirement age reaches 67.

In addition, after you reach full retirement age, we will recalculate your benefit amount to give you credit for any months in which you did not receive a benefit because of your earnings.

Here is how it works: after reaching full retirement age, Social Security will recalculate your benefit amount to give you credit for any months in which you did not receive some benefit because of your earnings.

Each year after 1954 increases the retirement age by two months until the full retirement age reaches 67 years old if you were born in 1960 or later.

However, after you reach full retirement age, we will recalculate your benefit amount to give you credit for any months in which you did not receive some benefit because of your earnings.

In addition, after you reach full retirement age, we will recalculate your benefit amount to give you credit for any months in which you did not receive a benefit because of your earnings.

After that, two months are added to the full retirement age for every year until 1960, when the full retirement age reaches 67.

If you begin receiving benefits more than three years before your full retirement age, the break - even point will be about 12 years (144 months) after you reach full retirement age.

Delay receiving retirement benefits until after you reach full retirement age (any month up to age 70), you can increase your benefit by accumulating Delayed Retirement Credits.

The social security program allows you to begin receiving benefits the month after you reach age 62, or to wait until your full retirement age, or even later.

Even if you don't plan to receive benefits right away, or decide to wait until after you reach full retirement age, you still should sign - up for Medicare three months before your 65th birthday.

The break - even point is the number of months after the start of your benefit when the total of all your delayed payments will be equal to the total you would have received if you started your payments at full retirement age.

Don't let that confuse you: the year you turn 62 determines what percentage applies, but you have to forgo benefits for one or more months after reaching full retirement age (which is 65 or later, depending on when you were born) to qualify for the increased benefit.

If you start receiving benefits the month after reaching full retirement age, you'll receive the full benefit.

People who qualify for social security retirement benefits can begin receiving those benefits in the month after they reach age 62, or any month after that, even though they won't reach full retirement age for a few more years.