How much should you expect from social security if you make 15. When you hit fra social security will reset your benefit as if you d filed 42 months early rather than 56.
The less money you ve made the higher a percentage of your salary you will get back.
How to get your social security money back. Wait until age 70 to. This is designed to help low wage retirees. The difference if you re keeping score is that you get 71 7 percent of your full benefit at 56 months early 77 5 percent at 42 months.
It s on the social security administration s if you change your mind page along with some additional information. Don t worry the social security administration will provide you with detailed instructions. First complete and file a form to withdraw your application for benefits.
See social security s coronavirus page or call your local office for more information. Check your social security work record for errors. Many social security services are available online and by phone.
How do i get my money back. If you have a dire need situation regarding your benefits or need to update information attached to your social security number such as your name or citizenship status you may be able to schedule an in person appointment. Work for more years at least 35.
The ssa will review the form and be in touch to tell you how much you owe and how you should remit the amount. The social security administration ssa maintains records of our. That works out to 14 months of withheld benefits.
Let s start at the source. 10 smart ways to get more benefits. Working in any years before you hit fra the earliest you can claim social security is 62 but if you were born in 1943 or later the earliest you ll reach fra is 66.
This means you could both work. Beef up your earnings record.