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How much can I draw if I retire now and how much can I earn per year after I retire
Q) How much can I draw if I retire now and how much can I earn per year after I retire Thanks
A) According to Social Security Administration – You can retire at any time between age 62 and full retirement age. However, if you start benefits early, your benefits are reduced a fraction of a percent for each month before your full retirement age.
The chart below lists age 62 reduction amounts and includes examples based on an estimated monthly benefit of $1000 at full retirement age. Click on your year of birth to find out how much your benefit will be reduced if you retire between age 62 and full retirement age. see more information
According to Social Security Administration website – You can check on your disability claim application status on line. This online service allows you to check the status of your completed retirement, survivor or disability application. Please allow 5 days from the date you originally filed your application before you use this service. https://secure.ssa.gov/apps6z/IAPS/applicationStatus