I realize you have a question about social security. My goal is to provide you with excellent service, and help you better understand your options.
How are you today?
As you are under age 66, your benefit would be reduced as a result of your work activity
So, you would qualify for benefits off his record, but those benefits may be reduced $1 for every $2 you earn above $15,120 per year
what % would it be reduced? is there a number?
Yes, $1 for every $2 you earn over $15,120
So, if you made $25,120 your benefit would be reduced $5,000 per year
ok so if he made approx $200k/yr & is now receiving SS & I'm making $95k , it would not be much to receive now but more later. Correct?
If you are making $95K you would likely get zero benefits now, but you can draw them later once you reach full retirement age.
So yes, you will receive more when you retire later on
even if still working?
Yes, once you are full retirement age you can work an unlimited amount
Its only between ages of 62 and 66 there are reductions
retirement age even if still working or I must be retired to receive mine & his SS benefits
No, you do not have to actually be retired.
Once you reach 66 you can work an unlimited amount and still draw the benefit
You're welcome. Is there anything else I can assist you with today?
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No, it wasn't clear on the SS website if I could receive anything now. thanks & have a gr8 day!
You too. Please don't forget to rate!