What to know about applying for retirement

Approaching and preparing for retirement can be a daunting task, but we are here to make it as easy as possible.

Social Security has eliminated the forms, signatures, wait time and appointments. We made it easy, convenient and secure. You can complete our online retirement application in as little as 15 minutes from your preferred location, at a time most convenient for you.

Before you apply, you should think about things like how you will receive benefits, your health and whether anyone else in your family can get benefits on your record. Make sure you are on the right track for retirement when the time comes.

The age you choose to retire affects the amount of benefits you receive and when you can start receiving them. If you start them any time before your full retirement age, we will reduce your monthly benefit. Depending on your year of birth, your full retirement age is likely between age 66 and 67. You may start receiving benefits as early as age 62 or as late as age 70.

If you elect to receive benefits before you reach full retirement age and continue to work, it can affect your benefits. Social Security has an awesome tool called the Retirement Estimator that calculates a personal estimate of how much your benefit will be at different ages and “stop work” dates. You can use it to find the best combination for your situation.

You can read about other things to consider before you make your decision about when to begin your benefits. If you are ready to apply, you can do it online. It is easy, convenient and secure.

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