The Social Security program has so many age sensitive dates to remember. Here is a reference for you to use to keep track of them.
|Ages up to 18||Child may receive benefits on retired parent’s record or survivor benefits for a deceased parent|
|Ages 25-60||Review Social Security Statement annually for accuracy|
|Age 60||Reduced survivor benefits available|
|Age 61|| Perform a benefits estimate as part of annual financial
|Age 61 Years, 9 Months||First date on which filing for benefits filing may be made on own record, spouse’s record or ex-spouse’s record|
|Age 62||Earliest age for receiving Social Security benefits on own record or spouse’s record or ex-spouse’s record|
|Age 64 Years, 9 Months||File for Medicare|
|Age 65|| Mandatory deadline for filing for Medicare
Age of full retirement and end of earning limits for those born in 1937or earlier
For those born between 1938 and 1960, the full retirement age adjusts upward
|Age 66||Age of full retirement and end of earnings limits for those born between 1943 and 1954|
|Age 67||Age of full retirement and end of earnings limits for those born in 1960 or later|
|Age 70||Maximum benefits under Social Security is reached, no point in delaying|
Where disability is involved, age restrictions are different-consult the Social Security Administration website for details on the full scope of benefits available to the disabled.
This material contains educational information about the Social Security program and is not intended to promote any products or services offered by Protective Life.
This material contains information regarding the availability of and details surrounding the Social Security and Medicare programs. This information represents only our current understanding of Social Security and Medicare in general and should not be considered legal or tax advice by consumers. Details of the Social Security and Medicare programs are subject to change at any time. Neither Protective Life nor its representatives offer legal of tax advice. Consumers should consult with their legal or tax advisor regarding their individual situations prior to making any legal or tax-related decisions.
Protective Life refers to Protective Life Insurance Company and its affiliates, including Protective Life & Annuity Insurance Company. PRISM offered by Protective Life Insurance Company in all states except New York and in New York by Protective Life & Annuity Insurance Company. Both companies located at 2801 Highway 280 South, Birmingham, AL 35223.