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A Foundation for Planning Your Future

A Foundation for Planning Your Future. Your Age When You Retire Affects Your Benefits. If You’re A Worker and Retire:. At age 62, you get less money permanently. At your full retirement age, you get your full benefit. You get even more money if you wait past your full retirement age.

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A Foundation for Planning Your Future

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  1. A Foundation for Planning Your Future

  2. Your Age When You Retire Affects Your Benefits If You’re A Worker and Retire: At age 62, you get less money permanently At your full retirement age, you get your full benefit You get even more money if you wait past your full retirement age

  3. Full Retirement Age If you were born between 1943 and 1954 Your full retirement age is 66

  4. If You Work AND Receive Benefits …

  5. In Addition to the Retiree, Who Else Can Get Benefits? Your Spouse At age 62 At any age if caring for child under 16 or disabled Divorced spouses may qualify Your Child Not married under 18 (under 19 if still in high school)‏ Not married and disabled before age 22

  6. Who Can Get Survivors Benefits? Widow or Widower: Reduced benefits at age 60 If disabled as early as age 50 At any age if caring for child under 16 or disabled Divorced widows/widowers may qualify If Your Child Is: Not married under age 18 (under 19 if still in high school)‏ Not married and disabled before age 22

  7. Medicare Coverage and Premiums Senior Linkage Line 1-800-333-2433 * May be more for higher income individuals – only affects 4% of total Medicare beneficiaries

  8. mySocial Security • Your Online Account ... Your Control ... www.socialsecurity.gov/myaccount my

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