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emc011075, Tax Adviser
Category: Social Security
Satisfied Customers: 3170
Experience:  Tax adviser IRS licensed Enrolled Agent and tax instructor
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I will turn 66 on August 30, 2017. What if I take an early

Customer Question

I will turn 66 on August 30, 2017. What if I take an early retirement this year, at 65 years old? How will that effect my social security payment? I do have insurance coverage with my husband's company so I am not too worried about Medicare. I know I cannot receive Medicare until 66.
Submitted: 1 year ago.
Category: Social Security
Expert:  emc011075 replied 1 year ago.
Hi. My name is ***** ***** I will be happy to help you. If you apply for social security benefits before your full retirement age, you benefits will be permanently reduced. Lets say you will apply for your benefits in Jun, you will receive 92% of your benefits. If you apply in August, you will receive 93%. Here's early benefits calculator: are eligible for Medicare as soon as you turn 65. The enrollment period started on May 1. Here's your Medicare eligibility and premium calculator
Expert:  emc011075 replied 1 year ago.
You are still offline. So if this answered your question, please take a moment to rate my response so that I may receive credit for assisting you today. You find the rating bar on the top of the page – 5 stars. However, if you need clarification, or want to discuss this issue further, let me know. Thank you.