Sentences with phrase «receiving social security benefits»

Organized and setup programs for the elderly currently receiving Social Security benefits.

People should also ask if benefits from their employer will be enough and if they can count on survivors receiving Social Security benefits.

The good news: If you are actively receiving Social Security benefits when you turn 65 years old, you will be automatically enrolled in Medicare.

A life insurance policy can provide peace of mind and fill the gaps, that can happen for the survivor receiving Social Security benefits.

65 First, it should be pointed out that there is nothing in Directive 2004/38 to preclude nationals of other Member States from receiving social security benefits in the host Member State (see, by analogy, Grzelczyk, paragraph 39).

The German Minister argued in his 2009 Instructions that the residence condition should be imposed on beneficiaries of subsidiary protection status receiving social security benefits in order to secure an even geographical spreading of such beneficiaries of subsidiary protection for the sake of distribution of the fiscal burden over the Laender municipalities and for the facilitation of their integration.

A wave of retiring Baby Boomers means there will be fewer workers to foot the bill for each person receiving Social Security benefits.

Your earnings are subject to payroll taxes even if you are currently receiving Social Security benefits.

The Social Security Administration, also announced people receiving social security benefits will get a cost of living adjustment (or COLA) adjustment of 2.0 % in 2018.

In any event, to make an informed decision about when to begin receiving social security benefits you should understand how it will affect the total benefit you'll receive over the remainder of your lifetime.

In fact, according to the 2017 Annual Statistical Supplement of the Social Security Administration, the average 62 - year - old receiving Social Security benefits gets $ 1,076.70 per month; the average 70 - year - old gets $ 1,482.40.

If you begin receiving Social Security benefits as a dependent of your spouse at age 65, you will receive a monthly check from Social Security in the amount of $ 600.

Whether you start receiving Social Security benefits at age 62 or at the full retirement age, you should be aware that continuing to work may result in what is called an earnings offset under the Social Security Earnings Test.

If you work after you start receiving Social Security benefits and are under age 70, the amount of money you earn by working can reduce your Social Security benefits.

If you anticipate receiving Social Security benefits, you can estimate replacing 70 % of your pre-retirement income.

In the event that one wants to delay receiving social security benefits until age 70 (in order to max out the social security benefits), tapping into a 401 (k) or IRA to provide interim stopgap income could be considered.

I will be receiving Social Security benefits this year, and my income will be half of my working payments.

You may be receiving Social Security benefits, pension benefits or have money coming in from a part - time job.

Although there is no limit on outside earnings beginning the month an individual attains full retirement age, those who choose to begin receiving Social Security benefits before their full retirement age may have their benefits reduced, depending on how much other income they earn.

If the deceased was receiving Social Security benefits, you must return the benefit received for the month of death and any later months.

So if you're 66 years and two months, you can start receiving Social Security benefits, and you can keep 100 % of the benefits, regardless of your salary.

My wife is 63 and receiving Social Security benefits.

While you can start receiving Social Security benefits as early as 62, delaying up to age 70 means you'll receive more money for the rest of your life.

Although you can begin receiving Social Security benefits anytime after age 62, the longer you wait, the higher the benefit you will receive.

Percentage of aged units receiving Social Security benefits, by relative importance of benefits to total income

Example: You decide to begin receiving social security benefits in 2004, but you will not reach full retirement age until 2006.

The rich should never feel guilty about receiving their social security benefits, no matter how much they have in the bank.

According to ssa.gov, there are 55,132,000 Americans receiving Social Security benefits today.

The earliest someone can begin receiving social security benefits is at age 62.

My wife begins receiving Social Security benefits this month, and I plan to begin receiving Social Security benefits when I reach age 70.

You will receive a statement by mail once at age 25 as well as regularly once you reach age 60, provided you aren't already receiving Social Security benefits.

Medicare on the other hand, is a supplementary insurance program for elderly and disabled people receiving Social Security benefits.

Any age if he or she is caring for your child who is younger than 16 or disabled and receiving Social Security benefits.

If you are not receiving social security benefits when you turn age 65, you can, 3 months before your 65th birthdate or up to 3 months after (to ensure no delay in your Part B benefits), apply for Medicare.

However, it only makes sense to wait until you're 70 to start receiving Social Security benefits if you expect to live until you're at least 80.

The Social Security Administration says that if you delay receiving your Social Security benefits until you hit 70, your monthly payment will be 32 percent higher than if you had retired at full retirement age.

If you are currently receiving Social Security benefits and continue to work, your earnings are exempt from taxes.

One solution for prolonging the length of retirement funds and maintaining decent standard of living in retirement is to put off receiving Social Security benefits.

Your earnings are subject to payroll taxes even if you are currently receiving Social Security benefits.

Although you can retire as early as 62 and start receiving Social Security benefits, your age dictates the size of your payout.

Kittle, a Henderson, Nevada resident, applied in time to start receiving Social Security benefits on her 70th birthday.

While you can choose to receive your Social Security benefits before your full retirement age (as defined by Uncle Sam), doing so results in lower monthly payments and possibly more reliance on your savings.

Knowing that 9 out of 10 individuals who are age 65 and older receive Social Security benefits, according to the Social Security Administration, it's quite possible a lot of these individuals will choose to retire next year.

Question: I received social security benefits this year that were back benefits prior years.

This hypothetical scenario assumes the couple does not receive Social Security benefits.

Infographic: Can You Wait to Receive Your Social Security Benefits?

: Retire - Abroad Trend — More than Half - a-Million Americans Now Receive Social Security Benefits Overseas

Your unmarried children who are under 18 (up to age 19 if attending elementary or secondary school full time) can be eligible to receive Social Security benefits when you die.

If a widow or widower who is caring for your children receives Social Security benefits, they're still eligible if their disability starts before those payments end or within seven years after they end.

This is when you first become eligible to receive Social Security benefits.