| Author |
Message |
    
Brad Williams (Brad)
Moderator
Username: Brad
Post Number: 1
Registered: 7-2006
Rating: N/A
Votes: 0 (Vote!) | | Posted on Friday, November 02, 2007 - 6:27 am: | 
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Should I file for Social Security Disability, or Social Security Retirement?
Answer: Both.
Detailed answer:
Here is what you should do if you are near 62 (60 for widows or widowers), might be disabled, are not working steadily, and need money:
File for Social Security Disability now. 3 months before early retirement age, file for retirement. Early retirement age is 60 for widows and widowers, and 62 for everyone else.
Why: You will get your Social Security Retirement to survive on, and if you win your disability case, they will go back and pay you the difference between Social Security Disability and Social Security Retirement benefits for every month during which you proved that you were disabled. Social Security Disability benefits, at any age, are approximately what Social Security Retirement benefits are at "full retirement age," which is about age 67 or so. |
Paul McChesney (Admin)
Board Administrator
Username: Admin
Post Number: 1167
Registered: 5-2004
Rating: N/A
Votes: 0 (Vote!) | | Posted on Friday, November 02, 2007 - 6:32 am: |
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At what age will you receive what the Administration calls "full benefits"?
Full Benefit at Age Year of Birth
65 1937 or before
65 and 2 months 1938
65 and 4 months 1939
65 and 6 months 1940
65 and 8 months 1941
65 and 10 months 1942
66 1943-1954
66 and 2 months 1955
66 and 4 months 1956
66 and 6 months 1957
66 and 8 months 1958
66 and 10 months 1959
67 1960 and beyond
At what age will you receive the most benefits you can possibly receive? Age 70. As you delay claimant benefits, as you get older, up to age 70, the amount you would get per month keeps getting higher. At age 70 it stops getting higher. So don't wait past age 70 to file. |
Paul McChesney (Admin)
Board Administrator
Username: Admin
Post Number: 1168
Registered: 5-2004
Rating: N/A
Votes: 0 (Vote!) | | Posted on Friday, November 02, 2007 - 4:14 pm: |
|
Should I file for Social Security Disability, or Social Security Retirement?
Answer: Both.
Detailed answer:
Here is what you should do if you are near 62 (60 for widows or widowers), might be disabled, are not working steadily, and need money:
File for Social Security Disability now. 3 months before early retirement age, file for retirement. Early retirement age is 60 for widows and widowers, and 62 for everyone else.
Why: You will get your Social Security Retirement to survive on, and if you win your disability case, they will go back and pay you the difference between Social Security Disability and Social Security Retirement benefits for every month during which you proved that you were disabled. Social Security Disability benefits, at any age, are approximately what Social Security Retirement benefits are at "full retirement age," which is about age 67 or so. |
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