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I am working in a same copany for 10 years. Now my age is 57. If I decide to retirement now, how much I could get in each month?

2007-08-23 12:16:37 · 3 answers · asked by iftek 1 in Business & Finance Taxes United States

3 answers

You can take early retirement at age 62 if you have at least 10 years worth of working credit in the SS system. If you take early retirement your benefit will be permanently reduced. The longer you wait, the higher your benefit will be.

If you are an immigrant there may be a tax treaty that will give you extra credit in the US SS system for the taxable wages you earned in your home country before emigrating to the US.

2007-08-23 16:43:38 · answer #1 · answered by Bostonian In MO 7 · 0 0

You should receive a letter from the Social Security Administration every year telling your expected monthly benefits at different retirement ages beginning with 62.

You are not old enough to retire and collect Social Security.

You may be old enough to retire and collect a company pension, but that is a question for your Human Resources Division, or whatever that particular company calls it.

2007-08-23 12:27:42 · answer #2 · answered by Tom 6 · 2 0

Nothing. Unless you are disabled, you can't collect social security benefits until you are 62

2007-08-23 13:30:54 · answer #3 · answered by Judy 7 · 1 0

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