Collecting Disability Benefits When You Reach Full Retirement Age
Each year, about three months before your birthday, Social Security mails out a multi-page earnings summary that details not only your employment earnings over the years, but whether or not you qualify for disability, retirement and early retirement benefits.
For most people who are eligible to receive social security benefits, it’s important to know what each amount is. If you decide to collect early retirement as opposed to waiting to collect full retirement, you will receive money from Social Security prior to full retirement age, but the monthly amount will be less than your full retirement allocation.
If you become unable to work and are found disabled by the Social Security Administration, you will be entitled to receive disability benefits, even if you are nowhere near the age of early retirement or full retirement age.
But what happens to your monthly disability amount when you hit your retirement age?
Does it stay the same?
Does Social Security increase your monthly dollar amount to reflect your full retirement amount?
For a complete breakdown of how Social Security treats an individual who is already receiving disability benefits when they hit full retirement age, CLICK HERE to check out this detailed article.
March 25, 2010
Tags: administration, benefits, Disability, early, qualify, retirement, security, social, work Posted in: Social Security Disability
3 Responses
Fascinating stuff. Squeamish? Bah. I read it while I was eating breakfast
Real Estate Law Temecula
Nice ghoulish article … very fitting for the season and impressively damn interesting.
DUI Attorney
You’ve got great insights about retirement, keep up the good work!
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