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Social Security is a form of social insurance to protect individuals from financial hardships. Situations … More
The Social Security tax is actually two taxes. One is used to provide retirement, survivor's and disabilit… More
Receiving social security benefits requires applying for them starting at the age of 62, but the older the… More
Supplemental Security Income, or SSI, a program of the Social Security Administration (SSA), isn't funded … More
File for social security at the age of 62 by visiting the Social Security Administration, bringing identif… More
Paying back your Social Security benefits isn't the only way to get more bang for your buck. This article … More
Although death can be difficult to talk about, it is important that our loved ones know what benefits are … More
If you have suffered from a medical condition or been involved in an accident that left you disabled and n… More
Social Security benefits participants can elect to stop and repay their previous benefits if they desire. … More
Millions of Americans have disabilities to some degree. Those who are able to work have opportunities to d… More
Disability is one of the oldest forms of health insurance. There are many types of disability insurance, b… More
Knowing if you qualify for disability will depend on whether the disability was the result of an on-the-jo… More
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Summary: Receiving social security benefits requires applying for them starting at the age of 62, but the older the individual, the larger the check from the government. Start cashing in social security benefits with information from a registered financial consultant in this free video on personal finance.
Patrick Munro's affinity for investing and financial matters began more than 20 years ago with business education and service throughout the ranks of the banking, insurance and...read more
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"This is financial adviser Patrick Munro talking about how to receive social security benefits. Social security of course is a right of passage for a senior citizen. The first opportunity to apply for social security occurs when an individual has reached the age of sixty two. That's the first time that you can present yourself to the social security administration office in your town and show your date of birth, your social security number and your birth certificate. They then validate that you are in fact sixty two years of age, and approximately two months later you are in the system to receive a monthly check from the government which is an amount based on your past years of income earning. If you are able to defer applying for social security at age sixty two, each year you defer, the amount that you will receive on your check goes up in value. At sixty five in other words you would receive a longer period of time with a larger amount of money for your check. However, that being said with financial situations most Americans are not well prepared at that particular age and they do in fact apply for social security and receive their check. It's a burden on the government and on the taxpayer, something that we are still working on an active basis. This is Patrick Munro talking about how to receive social security."
eHow Article: How to Receive Social Security Benefits
Meet Mark P Cussen, CFP, CMFC eHow's Personal Finance Expert.
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