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is it true when I turn 62 and receive social security, do my kids who are under 18 years of age receive money from this

2007-11-09 07:26:19 · 7 answers · asked by tlk123@sbcglobal.net 1 in Business & Finance Taxes United States

7 answers

See http://www.socialsecurity.gov/pubs/10085.html

Yes, if they're under 18 and unmarried.

2007-11-09 14:29:47 · answer #1 · answered by Judy 7 · 2 0

Yes it is true.

When you retire with Social Security benefits, your children may be able to receive benefits.

As long as your child is :

Unmarried;
Younger than 18;
18-19 years old and a full-time student (no higher than grade 12); or 18 or older and disabled. (The disability must have started before age 22.)

That child will get a benefit from your SS retirement benefits. You do not have to die for your children as described above to receive benefits.

Be sure to apply on behalf of your children for their benefits.

2007-11-09 11:39:37 · answer #2 · answered by ninasgramma 7 · 3 0

If you begin taking Social Security at 62, your benefits are reduced by 25% per month from the amount they would be if you waited for your full retirement age. Your full retirement age varies depending on the year of your birth. For example, I was born in 1942 and am 65, but I will not qualify for full Social Security benefit payments until I'm 65 years and 10 months old. There is a chart at the Social Security website that will tell you the full retirement ages for various birth years. Your children are entitled only to survivor benefits if you die after you've filed for Social Security benefits. The only other benefits to children are "SSI" payments for disability.

2007-11-09 08:05:45 · answer #3 · answered by L.G. 6 · 0 4

If you’re not 62 yet, you probably aren’t eligible to receive SS at that age. The minimum age has been raised, depending on when you were born so check with the SS Administration for details.

Your kids under 18 would receive SS payment only if you passed away. You don’t get both. It’s an either or.

2007-11-09 07:32:02 · answer #4 · answered by Anonymous · 4 6

No, that isn't true! Where did you get such a notion as that? If you begin claiming benefits at age 62, they are reduced benefits and that's all you'll get. If you wait until you are 65 or older, your benefits will be higher. But the only way your children under 18 will receive benefits is if you are drawing SS and die. They will get benefits as long as they are in school.

2007-11-09 07:38:24 · answer #5 · answered by Anonymous · 3 8

I had a similar element as you step-baby. i did no longer could pay tax on the social safety. in many cases, as an factor word, demise reward are many times to low to qualify for paying taxes on.

2016-11-10 23:06:10 · answer #6 · answered by ? 4 · 0 0

Not if you are still breathing.

2007-11-09 07:37:59 · answer #7 · answered by Wayne Z 7 · 2 4

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