The Troubling Trade-Offs: How Do I Start My Social Security Payments

Saturday, February 24, 2018

How Do I Start My Social Security Payments

In general heres how we assign payment dates. Call Social Security at 800-772-1213.

Social Security Retirement Benefits While Working

My wife passed on in 1996.

How do i start my social security payments. In the table below the. Contacting your bank credit union or savings and loan association. Is there anything else you want the Social Security Expert to know before I connect you.

It will depend on how much you made during your working career. For example you can expect your first direct deposit to occur in June according to the day-of-birth schedule if your first month of receiving benefits is May. A voluntary suspension is for retirement benefits only.

This means you could both work and earn Social Security. But the second question how much will you get has no simple answer. What is your current age and retirement age.

If you turn age 70 in April 2019 and want to start your retirement benefits then you could file your application up to 4 months in advance ie. The earliest you can apply for Social Security benefits is at age 61 and nine months and you can expect to receive your first payment four months laterthe month after your birthday. If youll turn 65 within three months you can use our online application to apply for Medicare and Social Security retirement benefits at the same time or you can use it to apply for just Medicare.

To see your next payment date create or log on to your my Social Security online account and go to the Benefits Payments section. The Social Security benefits calculation uses your highest 35 years of earnings to calculate your average monthly earnings. If you currently do not get Social Security benefits or SSI but plan to apply sign up for direct deposit when you apply for benefits.

If you choose to receive through a Direct Express debit card your benefits will be placed directly onto the card. Hi Bethany thanks for using our blog. To sign up call Direct Express at 800-333-1795.

The earliest you can claim Social Security is 62 but if you were born in 1943 or later the earliest youll reach FRA is 66. Following the recommendation on the Social Security website you file online three months before you want your benefit to start that is on or before May 10th. Calling us at 1-800-772-1213 TTY 1-800-325-0778.

You can apply online call Social Security at 800-772-1213 TTY 800-325-0778 or go to your local Social Security office. If you want your benefits to start at age 62 you can apply at age 61 and 9 months. Lets say your full retirement age is 66.

But Social Security should have plenty of time to process your claim timely as long as you apply by the end of February 2019. If you havent done it by then Social Security will automatically reinstate your benefits in the higher amount. How to Calculate Social Security Benefits.

I live in and the ss office is closed. Hi Pearl I would like to start receiving my social security payments. Regardless of when you file make sure you specify that you want your benefit to.

Ready To Start Medicare. How do I start. You can call us at 1-800-772-1213 for assistance or you can call your local Social Security.

From there you can withdraw cash make purchases or pay bills. For your security we do not have access to private information in this venue. Apply four months before you want your Social Security retirement benefits to start.

We ask that members in our Blog community work with our offices with specific questions. Social Security retirement benefits as well as disability and survivor benefits are paid in the month after the month the payment represents. Again no matter what the actual.

Ask your bank to do it. If you do not have 35 years of earnings a zero will be used in the calculation which will lower the average. If you were born on the 1 st through the 10 th of the month youll be paid on the second Wednesday of.

The earliest you can file for Social Security is four months before you want your benefits to start. I am 65 years old widower and intend to start to collect my social security benefits at the age of 71 working as a university professor until I am 70. If you start claiming benefits at 66 and your full monthly benefit is 2000 youll get 2000 per month.

Its best to apply three months before you want the money to begin arriving. See Social Securitys coronavirus page or call your local office for more information You can ask Social Security to resume payments at any time until you turn 70.

Applying For Social Security Timing Is Crucial