Disability solutions for you and your family

I WILL REACH FULL RETIREMENT AGE WHEN?

| Dec 13, 2017 | Uncategorized |

I WILL REACH FULL RETIREMENT AGE WHEN?

 

In order to reach full retirement age with Social Security it varies depending on the year you was born. Turning 65 does not guarantee full retirement benefits any longer. Individuals born between 1954 to1959 will reach full retirement age at 66 years old. If you decide to draw early retirement you are drawing about 70.8-75% of the monthly benefit at age 62 and at age 65 you are drawing 87.8-93.3% of the monthly benefit. This depends on which year you were born.

Individuals born after 1960 to the present date, full retirement age is not till age 67. If you decide to draw early retirement you will draw about 70% of the monthly benefit amount at age 62, and about 86.7% of the monthly benefit amount at age 65.

Of course, waiting till your full retirement age guarantees you to draw the full 100% of your possible monthly benefit. Drawing early retirement limits that percentage for the rest of your life. This amount will not go up once you reach full retirement age. However, if you are disabled prior to your full retirement age, you can file for disability and draw that 100% for the rest of your life. This applies even if you have started drawing early retirement.

If you have a claim for disability please call one of the experienced disability representatives at Gardberg & Kemmerly, P.C. Attorneys at Law at 251-343-1111 for a free consultation. Gardberg & Kemmerly specializes in helping the injured and disabled in Alabama, Mississippi, Florida, and Louisiana.  

Archives

Client Testimonials

testimonial-bg
Mr. Gardberg – I am forever in your debt. I will never be able to tell you how much I appreciate what you have done for me. I praise you and your firm for all they did to help me in my disability case. Thanks for being so kind.

– L. Nelson

Saying thank you is easy, but you will never know how you impacted my life by helping me with me Social Security disability case. This thank you comes right from the heart.

– R. Turner

Thank you, thank you , thank you to all of the angels in the law firm at Gardberg and Kemmerly. I sincerely hope you know how much you did to make my life better.

– D. Thompson