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Weighing in - Soon to be retired

Posted: Jun 23rd, 2019 - 10:40 am In Reply to: SocialSecurity.gov - 62 is not my full retirement age

I chose to work until my full retirement age of 66 because for me it was hundreds of dollars a month difference compared to retiring at 62, so use the on line calculators and project that out into the future. If you draw SS prior to your full retirement age and continue to work there are limits on how much you can earn or you will be penalized. However, if you wait until full retirement you can draw benefits and work and earn as much as you want. Keep in mind that Social Security is taxed and your Medicare payment is automatically deducted from your check. I think you can apply for SS at any time but it will probably take a few weeks to process your application and receive your first check. The 3-month window applies to enrolling in Medicare, it is 3 months before and 3 months following your 65th birthday or you pay a penalty. There is a toll-free number you can call to set up an appointment to speak with an agent but you can do a lot of it on line. I didn’t have much luck at our local SS office, the line was always too long. Good luck with your decision.

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Complete Discussion Below: (

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Those who have applied for early retirement at age 62 - when do your payments start? sm (Views: 797, 2019-06-20, 1:10 pm)
- SocialSecurity.gov - 62 is not my full retirement age (Views: 561, 2019-06-20, 2:21 pm)
  - Early retirement - MT 67 (Views: 504, 2019-06-20, 2:30 pm)
  - I know all that and none of it is what I was asking. - nm (Views: 379, 2019-06-20, 4:39 pm)
    - Well - Excuse (Views: 415, 2019-06-20, 5:29 pm)
      - Actually, no one answered the OP's - Old Anon (Views: 489, 2019-06-21, 7:26 am)
  - Weighing in - Soon to be retired
    - It actually takes 2 months NOT weeks - Old Anon (Views: 250, 2019-06-23, 11:33 am)
      - 8 weeks is 2 months - Whatever (Views: 232, 2019-06-23, 2:52 pm)
        My answer was in response to...SM - Old Anon (Views: 202, 2019-06-25, 11:34 am)
- You can apply 3 months before your birthday. - Hopeless (Views: 464, 2019-06-20, 2:50 pm)
  - I took early SS at 63... - Old Anon (Views: 450, 2019-06-20, 4:36 pm)
    - THAT is what I needed to know, thank you. A direct answer. - Thank you. nm (Views: 334, 2019-06-20, 4:38 pm)
      - You are very welcome... - Old Anon (Views: 458, 2019-06-20, 4:48 pm)
    - Mine is deposited into my account the 3rd of every month. - nm (Views: 286, 2019-06-21, 6:22 am)
      - People who receive both SSI and SSDI - Old Anon (Views: 398, 2019-06-21, 7:40 am)
        If you are on SSDI and you reach 62, you are no - longer on SSDI but SSI kicks (Views: 288, 2019-06-21, 8:50 pm)
        The 3rd of the month payment date...sm - Old Anon (Views: 292, 2019-06-22, 4:52 am)
        I began collecting at 65 in 2008. The third of the month is when my - check is auto-deposited. nm (Views: 243, 2019-06-23, 5:18 pm)
    - Correction... - Old Anon (Views: 220, 2019-06-22, 11:38 am)
  - Good Point - Thanks for Clarifying (Views: 304, 2019-06-21, 3:56 pm)
- In answer to your question regarding SS Payments - MT55 (Views: 382, 2019-06-20, 3:25 pm)
  - SS Payments - sm (Views: 398, 2019-06-20, 3:45 pm)
- I took retirement at 62 and am still working - full time. Until you reach (Views: 967, 2019-06-21, 1:48 am)