Social Security

Ask Social Security Questions and Get Answers ASAP

Ask an Expert,
Get an Answer ASAP!

Social Security
This answer was rated:

One more question. Will I get paid more monthy if I wait to

take SS next year at...
One more question. Will I get paid more monthy if I wait to take SS next year at 66. Or is it the same if I start taking it now?
Show More
Show Less
Ask Your Own Social Security Question
Answered in 5 minutes by:
10/16/2017
keeperumiami
keeperumiami, Senior Tax Expert & Financial Planner
Category: Social Security
Satisfied Customers: 7,215
Experience: Sr Tax Expert/Financial PlannerCPA/PFS (retired)Over forty years of advising individuals & small businesses
Verified

Hello, my name is***** goal is to give you a complete & accurate answer. I am working on your request now & I will respond as soon as possible.

Ask Your Own Social Security Question

Since your full retirement age is 66 (ie. you were born 1954 or before), if you were to file for Social Security retirement benefits prior to your full retirement age, your retirement benefits would be permanently reduced at an annual rate of 8% (pro-rated by month) for each year prior to age 66 (less than your full retirement benefit). For example, if you were to file at age 65 & six months, your benefits would be permanently reduced by 4% from your full retirement benefit. Also, I should note that for each year beyond age 66 that you delay filing for retirement benefits, your retirement benefits would be permanently increased at the annual rate of 8% (pro-rated by month) for each month you delay filing. Again, for example if you were to delay filing for your retirement benefits until you reach age 66 & 6 months, your retirement benefits would be permanently increased by 4% from your full retirement benefits at age 66.

Let me know if you have any follow-up questions.

Please remember to rate my response as that is the only way the SITE will credit me for assisting you today.

Thanks very much,

Steve G.

keeperumiami
keeperumiami, Senior Tax Expert & Financial Planner
Category: Social Security
Satisfied Customers: 7,215
Experience: Sr Tax Expert/Financial PlannerCPA/PFS (retired)Over forty years of advising individuals & small businesses
Verified
keeperumiami and 87 other Social Security Specialists are ready to help you
Ask your own question now
Ask keeperumiami Your Own Question
keeperumiami
keeperumiami
keeperumiami, Senior Tax Expert & Financial Planner
Category: Social Security
Satisfied Customers: 7,215
7,215 Satisfied Customers
Experience: Sr Tax Expert/Financial PlannerCPA/PFS (retired)Over forty years of advising individuals & small businesses

keeperumiami is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

dylatess

dylatess

ATTORNEY

3,441 satisfied customers

37 plus years of SSD practice

Megan C

Megan C

Certified Public Accountant (CPA)

4,565 satisfied customers

Licensed CPA, CMA, CFE, CGMA M.Accy Also Teach Accounting courses at Master's Level

LawTalk

LawTalk

Attorney

3,065 satisfied customers

I have 30 years of legal and litigation experience, including representing clients before the U.S. Social Security Administration.

R. Klein, EA

R. Klein, EA

Accountant

334 satisfied customers

Tax & Social Security Benefits specialist

Dimitry K., Esq.

Dimitry K., Esq.

Attorney

233 satisfied customers

Licensed in multiple jurisdictions, experienced business attorney.

AttorneyTom

AttorneyTom

Attorney

16 satisfied customers

Attorney

Stephanie O Joy, Esq

Stephanie O Joy, Esq

Soc. Sec. Attorney

3,229 satisfied customers

22+ years legal exp. - 12+ years owning/operating her own SSD Law practice.

< Previous | Next >

Related Social Security Questions
I did file and suspend on April 16 2015. My wife is
I did file and suspend on April 16 2015. My wife is receiving a spousal benefit. I will turn 70 and begin receiving benefits in January 2018. My wife will turn 68 in January 2018. If she wants to have… read more
Stephanie O Joy, Esq
Stephanie O Joy, Esq
Soc. Sec. Attorney
Doctoral Degree
3,229 satisfied customers
I want to change my direct depoit account. I want to change
I want to change my SS direct deposit to a different account … read more
Carter McBride
Carter McBride
LLM
46 satisfied customers
I am now in the process of going from term disability, to
I am now in the process of going from long term disability, to Social Security disability. I Witt be receiving my rearage payment fromSSI. I am paying back my long term commercial company. For the ret… read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
My husband passed away almost 3 years ago. I had a brief
hi, my husband passed away almost 3 years ago. I had a brief marriage after that. Does that marriage keep me from collecting my late husband's SS? … read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
Can I get SS 1099's for me 2014, 2015 and 2016 as they have
Can I get SS 1099's for me 2014, 2015 and 2016 as they have been stolen. … read more
LEV
LEV
Retired
Bachelor's Degree
14,896 satisfied customers
Where do My daddy go online to unsuspend and file his social
Where do My daddy go online to unsuspend and file his social security? … read more
Barbara
Barbara
Enrolled Agent, Paralegal
3,557 satisfied customers
How can I get a copy of my award letter for 2017? I'm buying
how can I get a copy of my award letter for 2017? JA: The Retirement Accountant will know how to help. Please tell me more, so we can help you best. Customer: I'm buying a house and my finance co need… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
We need to change our bank account # for receiving our
We need to change our bank account # for receiving our monthly checks. We had to cancel our account and open a new account becouns of a computor hack. Can we do that online? … read more
LawGuy
LawGuy
Juris Doctor
123 satisfied customers
Im 62 and still work. I have applied for social security
Im 62 and still work. I have applied for social security because I was told what I didn't draw would go back into my account. is this true? … read more
Carter McBride
Carter McBride
LLM
46 satisfied customers
What form do I need to have so my husband can have taxes
What form do I need to have so my husband can have taxes taken out of his social security? … read more
emc011075
emc011075
Senior Tax Specialist
Bachelor's Degree
16 satisfied customers
Can Canadians moving to U S qualify for medicare if daughter
Good morning Can Canadians moving to U S qualify for medicare if daughter has U S citizenship Thanks, *****: What is your official status? Do you have any pending applications or petitions with USCIS?… read more
Carter McBride
Carter McBride
LLM
46 satisfied customers
I need info re reporting my wife,s death. How do i reportmy
i need info re reporting my wife,s death JA: The Retirement Accountant will know how to help. Please tell me more, so we can help you best. Customer: how do i reportmy wife's death JA: Is there anythi… read more
Barbara
Barbara
Enrolled Agent, Paralegal
3,557 satisfied customers
My husband is 67 years of age and receiving a monthly check.
My husband is 67 years of age and receiving a monthly check. I am 61 years of age and will be turning 62 in March of this year, I would like to start collecting also will I be getting a separate check… read more
Carter McBride
Carter McBride
LLM
46 satisfied customers
I am in receipt of Form SSA-4926-SM (2018) and I believe the
I am in receipt of Form SSA-4926-SM (2018) and I believe the amount of $134.00 shown for my Medicare medical insurance is incorrect. The amount being withheld monthly for the current year (2017) is $1… read more
NPVAdvisor
NPVAdvisor
CFP Licensee and Practitioner
Master's Degree
180 satisfied customers
BY VA FOR MY NEEDS. i WASN'T AARE UNTIL RECENTLY THAT I
i'M COVERED BY VA FOR MY NEEDS. i WASN'T AARE UNTIL RECENTLY THAT I DISN'T HAVE TO HAVE COVERAGE BY MDICARE. hOW DO I DROP IT AND IS THEIR ANY POSSITILITY FOR REFUND. … read more
Stephanie O Joy, Esq
Stephanie O Joy, Esq
Soc. Sec. Attorney
Doctoral Degree
3,229 satisfied customers
How do I get help signing into my social security account if
How do I get help signing into my social security account if I forgot my username and password? … read more
Carter McBride
Carter McBride
LLM
46 satisfied customers
I have two dependents that receive SS benefits associated to
I have two dependents that receive SS benefits associated to my SS. Is it required to split the dependent SS equally between the two dependents (one is wife, second a disabled child of 33 yrs). Due to… read more
Stephanie O Joy, Esq
Stephanie O Joy, Esq
Soc. Sec. Attorney
Doctoral Degree
3,229 satisfied customers
I am 63 years old. I got a letter today, saying my medicare
I am 63 years old. I got a letter today, saying my medicare medical insurance will be 134.00 why and what is this for.? … read more
James Daloisio
James Daloisio
Attorney
Doctoral Degree
70 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x