Social security seems to be a miracle for people who really
know how to benefit from it. Applying for benefits of the social security is a
big step. However, it can be made smoother rather than going through a
challenging task, if you get familiar with the fact what to anticipate and get
the right information at your fingertips. As there are different social
security benefits that can be attained, but you can really benefit correctly if
you know what can you get or what can be expected. Based on the benefit you are
interested in having, you may get the option of applying in individual, by
online or phone.
You can choose whatever mode you would be comfortable with. Before
proceeding with the application process, if you are a single, and below the age
of 70 years, you can still get the benefits of the social security without any
hassle. In this post, you will be going to know how a 70-aged under single can
benefit from the social security.
Tips for singles
Many times, single people often imagine that the social
security related strategies are not for them. However, the main truth is that
any person under 70 years that also includes singles, can take advantage from
the social security. All you need to do is to the smart planning on when to
receive the money.
Get suspended benefits
When you fall in your full retirement age, the more chances,
you will desire to file for these benefits and interrupt its collection. When a
person files and suspends, he or she has an option to go back after that at any
point of time in any case they need the money urgently. The suspended benefits
can be collected to the whole in one lump sum. It is essential to know that
this kind of strategy works to a great level for those who do not tend to marry
before age 70s or never married.
Another tip here is that if you do not file and interrupt at
full retirement age and make a decision before age 70 you are willing to gather
your benefits, it will give you just six months retirement advantages in
arrears. In fact, this is less money as compared to the fact if you file and
interrupted at full retirement age and demanded at a later time, you would be
qualified to get the benefits that date back to the time you interrupted your
claim.
For every single year that an individual waits after their
whole retirement age, the lifetime payout of a person goes up about 8%. Hence,
a 65 year old person who waits to gather at 70 can increase his or her payout
on a yearly basis by 32%. At the same time, there is one thing that should be
cautious, you are unable to do this if you postpone until age 70 to gather
without going through the filing or the application in the past time and
interrupted your benefit. In any case, if you had not filed and interrupt, you
are only allowed to 6 months of retroactive merits. There is a chance you are
not properly known to each and everything. This is why you can take the help of
the companies that deal with the application of the social security benefits.
For a glance, suppose your age is 63 years, and you had your
benefits prematurely at age 62. When you turned 66 or get entered the full
retirement age, you can have a chance to suspend the benefits and resume them
at 70. This way, you will be able to get a larger check down the way.
It is also possible that even a 68 year old person who begin
collecting checks at full retirement age can also file and interrupt and get
the benefit of a huge payout for a long time even for the remaining part of
their life, previous receipt of recent monthly checks so that people can get a
huge check starting at age 70.
Ways to apply
Once you have made your mind to apply for the social security advantages even you are a single, then there are 3 ways that can help you in filing for these benefits. Let’s discuss those ways:
Applying in person
The first and foremost way to apply is to talk to the person
who belongs to the Social Security Administration Office. This can be simpler
but the chances it might need some time. All you need to do is to make an
appointment by calling at the SSA office that is near you. By going online, you
can look for the nearest office by visiting the official website. After opening
the website, click on ‘Search’ and then enter ‘find an office.’ You will see a
pop up that shows the office locator, you will have to enter your zip code and
then you will be done with the booking of an appointment.
Use the phone services
The second option that will help you in applying to receive
the full benefits of the social security at the full superannuation age, is
that you can call them. It is good to call at the toll free number of the SSA
that you can find online. You will need to take care of the working hours, but
if you are calling outside those hours, it is possible to have some information
about the social security benefits, eligibility requirements and web services.
Make use of the internet
Last but not the least, the online is one of the easiest and
fastest methods to apply for these merits. Take care of the thing, not all
social security benefits can be applied online. It is very easy to apply
online. Take your time to know for which you are going to apply like the type
of the social security benefit.
By choosing any of the options for applying, people can receive
the social security benefits. Make sure to provide with the right details about
yourself while filing the social security benefits.
