Social Security Benefits for You

Social Security benefits are available to retirees who are ready to slow down or stop working altogether. Applicants can start requesting funds from the Social Security Administration (SSA). However, if they want to receive full Social Security retirement benefits, they need to wait until they are 66 or 67 years of age. The exact age they must wait depends on when they were born.

Once you apply for Social Security benefits, you can begin collecting monetary support. However, it is important that you understand the types of benefits you could qualify for. Depending on your age and how much you earned in the past, the amount of Social Security (SS) you are entitled to can vary.

Your Social Security Benefit Calculator

There are different factors that can affect the amount of Social Security benefits you can receive. These include:

  • How old you are. You must be within retirement age in order to collect benefits.
  • How much you earned throughout your career. To qualify for a large amount of SS benefits, you need to have been a consistently high earner throughout your career.
  • How much you currently earn. It is possible to continue working while receiving Social Security. However, if you earn too much income while receiving SS, you can have funds deducted from your benefits.
  • How long you worked. Social Security benefits eligibility requirements state that you must have earned enough work credits to qualify for benefits.

How much Social Security benefits could I receive?

The maximum Social Security benefit you could receive can vary from one year to the next. However, keep in mind that any of the aforementioned criteria can affect how much you are eligible to collect.

How to Check Your Social Security Benefits Information

You can log online using the my Social Security benefit platform to stay up-to-date on your financial information. If you have not created an account to use this online platform and are not enrolled in SS, you can use Social Security statement to review your benefits.

This site is not affiliated with the SSA or any other government services.