Social Security can provide you with a retirement benefit. There are many people who still do not know how to claim it or what it is about. Since it has to do with your financial future and your family’s too, you had better be ready. So, you will learn if you or someone you know has the right to obtain it or not. Besides, there are a few things you need to keep in mind before applying for it online.
Retirement plans and Social Security benefits can make a good match in order to make your life easier. While you worked throughout your life, you had to pay some taxes. This money is now used to make such payments. It could be for those who have just retired or have a disability. Also, it could be for survivors of workers who died or being dependent on someone who is a beneficiary.
The next thing you may want to know is if you can get it or not. but, have you got forty credits? – which is generally 10 years of your work. Some may ignore that when you work and start to pay taxes for Social Security, you get credits. These credits will help you obtain benefits. So, if your birthdate is later than 1929, 40 credits are all you need. Sometimes you give up your job for a while, but your credits will continue there. You can get more when you start working again.
What are the steps to take if I want to apply for the Social Security retirement benefit?
Right before applying, you need to gather all the information they may ask you. Do not forget your Social Security number. Secondly, dates of any marriages and place(s). Then, dates of U.S. military service and branches. Next, the last two years’ employer’s names. After that, self-employment income and business type. Finally, bank account information and family members who might get benefits on your record.
Before moving on to the next step, check you have got every single document to proof of the requested information. You can claim it on the Social Security webpage since it is the easiest way. There is a page on which you can ‘Apply for Benefits’, read everything first and agree to what it says. Then, you will have a ‘Getting Ready’ section, so as not to forget anything.
Once there, you can click on ‘Start a New Application’. SS will ask you first who is carrying out this process. It might be the case that a family member or close friend is helping you. To go on with the process you need to register to have a my Social Security personal account. Once you have gone through that process you can complete your application.