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Re: social security question » mist

Posted by akc on January 4, 2002, at 10:27:22

In reply to social security question, posted by mist on January 4, 2002, at 9:55:44

> Another question ocurred to me, if you get disability payments from social security does it reduce the amount you'll get after you retire?

The following is from the Social Security Online site (http://www.ssa.gov/ -- a site that you can usually find most answers regarding anything involving social security). This was the answer to a FAQ question on what happens to disability benefits when you reach retirement age. To answer your question, it appears that your benefit does not get reduced when you reach retirment age.

"When you turn full retirement age, nothing will change, except for Social Security purposes, your benefits will be called retirement benefits instead of disability benefits.

Starting with the month you reach full retirement age, you will get your benefits with no limit on your earnings. These new rules apply for the entire year of 2000, starting back in January.


What is Your Full Retirement Age?

Year of Birth Full RetirementAge

1937 or earlier 65
1938 65 and 2 months
1939 65 and 4 months
1940 65 and 6 months
1941 65 and 8 months
1942 65 and 10 months
1943--1954 66
1955 66 and 2 months
1956 66 and 4 months
1957 66 and 6 months
1958 66 and 8 months
1959 66 and 10 months
1960 and later 67"

Hope this helps.

akc


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