Planning for retirement is a significant milestone, and understanding Social Security benefits is crucial.
Whether you're nearing your 60s or just starting to think about your future, Van Horn Law will help you navigate the complexities of Social Security and guide you every step of the way.
Eligibility for Social Security in Retirement
Most jobs take Social Security taxes out of your paycheck, allowing you to receive a monthly benefit in your 60s. However, some jobs, such as state and town government positions, do not pay Social Security taxes and therefore do not contribute to your eligibility. To check your eligibility before applying, answer a few questions*.
Plan for Retirement
You can apply for your monthly retirement benefit anytime between age 62 and 70. The payment amount is calculated based on your lifetime earnings, and it will be higher the longer you wait to apply, up until age 70. The timing of your application should be based on your personal needs. Estimate your benefit amount, determine when to apply, and explore other factors that may affect your retirement planning.
Consider factors that may affect your planning
Prepare for Social Security benefits
Before applying for Social Security benefits, it's important to learn and plan.
-
-
- Check your eligibility: Answer a few questions* to see if you're eligible for Social Security benefits right now.
- Get a benefits estimate: See estimates for various benefits* based on your earnings and when you apply.
- Plan for retirement: Estimate your benefit amount*, determine when to apply, and explore other factors that may affect your retirement.
- Review your record of earnings: Check the record of your yearly income* and make sure it's up to date.
-
Contact Our Elder Law Attorneys
For assistance, contact our elder law attorneys at Van Horn Law in Pennsylvania by calling our office at 610-437-2757 or filling out the online form.
We will schedule your consultation to help you secure the care and protection you deserve during your golden years.
*The contents and links in this document are extracted and shared from the SSA.gov website.
