Originated From
 AOL Search

Posted 3 years ago In:

Anonymous
Anonymous Question:

How soon before my 62 birthday should I file for social security?

Liked this question? Tell your friends about it

Answers

askman
askman Answered:

Your talking early retirement, right? Three to four months before your 62nd. birthday is the time to apply.. It will take approx 60 to 90 days for the filing process to be approved.. You will be told what you must bring to the first appointment (which could be two to four weeks).. You realize that you will not get the 100% amount that you would receive at 65/66 don't you? By filing early you will get approx 65% (more or less) but you will be paid for 4 to 5 years earlier and totalling that up, it would take around eight to ten years to make that amount up at full retirement, so filing early is a smart move on your part. AND you will have 25,000.00 to play with each year to work and not have to pay taxes on your funds.. This means, if you receive 10,000.00 in s.s. checks a year then you can work at another job and make up to 15,000.00 a year tax free.

Add a comment Report

Related Questions

Other people asked questions on similar topics, check out the answers they received:

Alinur Islam

Asked: Finance

finance
Anonymous

Asked: Finance

what is finance?
  • Posted 19 days ago
Jasmine Lane

Asked: Financial help for startup business.How are start ...

How are start up business financed?

More Questions

David are you around here? I need to talk with you about a Social

I'm still around. You can reach me here or at DBudlin@aol.com David

Why can't my son collect his father's social security after he's 18 if he

Because the law says so. Social Security benefits end when the child turns 18 unless he is disabled or a full-time student attending a secondary school. Not a college. Society expects that when you are 18 and have graduated from high school, you should be able to get a job. In the military, for ...

What do i need my doctor to write social security to get my case

ok you have the right to appeal for your benefits as far as your dr goes if he says your still hurt and you say your still hurt then get your own tests that say your still hurt update your medical files to within 30 days of your case hearing oh it would be wise to get a lawyer and let your lawyer ...

How to write application letter for Social Security and Medicare instead

You cannot apply for Social Security disability benefits without completing the prescribed application and Disability Report. If you write a letter to Social Security about wanting to file an application, they will consider it an "intent to file a claim" and contact you for an application on their ...

Money & Finance

More