subject: Receiving Benefits with the Help of Social Retirement Benefits Lawyer by:Janice Ticar [print this page] Workers and employees are entitled to receive benefits under the social security retirement benefits program. Sadly, some social security retirement benefits are not enough to provide income to finance their daily expenses.
Before thinking about your social security benefits, you must first know how to process your application successfully.
Steps in Filing Application
1. You must make sure of your eligibility for the social security benefits- you could ask information from those who applied from social security benefits before or search for additional information in social security website
Benefits are categorized into three important features.
The members current age
The age when the member will receive the benefits
past income of the member
The earliest retirement age required by law is 62 years old. A member has the option of whether to take an early retirement or not.
2. After determining your eligibility, you can file your application either online or personally. Deciding when to retire is your personal decision. Regardless of the age you choose, you have to contact the social security in advance to maximize your benefits. Under current rules, January is the most effective month to receive your benefits. You can have the luxury of collecting benefits even though you continue working.
3. If the application is approve then you can start receiving your benefits. The amount of benefits will greatly depends on the compensation you receive during your working career. Higher lifetime earning results in higher benefits. Low earning or unstable individuals will receive lower benefits compared to workers with steady job. Your benefit is also affected by the age at which you decide to retire. If you avail your retirement at age 62, your benefits are lower compare to those who retire at the age of 70.
Types of Age Retirement
Full Retirement Age- the full retirement age for people is 65 but social security law change it to 67 due to longer life expectancy among Americans
Early Retirement- the early retirement age is 62. Your benefit is lowered by 25 % compared to those who retired at the age of 70. A health problem is one of the major causes of early retirements.
Delayed Retirement- working beyond your retirement age will increase your social security benefits. Each year you work will increase your earning to your social security records. From the time you reach your full retirement age, social security will increase your benefits up to 8% every year.
4. Maximize your benefits by the help of an expert lawyer- Social Security law is complication, only those with specialization in social security policies and guidelines can aid you in dealing with your benefits claim. Social security retirement benefits lawyer will help you maximize your benefits.
About the author
For retirement benefits and other social security claims, consult with our skilled social security lawyers. For consultation, log on to http://www.socialsecuritylawattorney.com/ and avail of our free case analysis.
