How much will I be receiving if I claim for retirement benefit at age 62?
December 24, 2013
Q) I cannot seem to get any info when I tried to get for an update as to how much will I be receiving if I claim for retirement benefit at age 62? Please help..
A) According to SSA Website, Social Security benefits are based on earnings averaged over most of a worker’s lifetime. The benefit computation is complex and there is no simple method or table to tell you how much you may receive. However, there are several ways you can estimate your retirement benefits.
You can:
1. Use SSA Retirement Estimatorfor an estimate based on your actual Social Security earnings record; or
2. Use our Online Calculatorto enter your own data.
Remember, these are only estimated. For more detailed information, read Your Retirement Benefit: How It Is Figured
2 Comments
A) According to Social Security Administration; You cannot receive a Social Security card from a local office because SSA do not print them onsite. SSA print Social Security cards in a secure location.
You can replace your Social Security card for free if it is lost or stolen. However, you may not need to get a replacement card. Knowing your Social Security number is what is important.
You need a Social Security number to get a job, collect Social Security benefits and receive some government services but you do not often need to show your Social Security card.
More information here http://www.socialsecurity.gov/ssnumber/ss5.htm