What are Social Security Benefits

You should not claim social security benefits you have earned until you reach the age of 65. If you access them earlier than that you will get a reduced benefit amount. It can take several months to get approved for social security benefits as well. To get the benefit you must fill in the correct paperwork either at the government office or online and it then takes time to process.

Some types of social security benefits have to do with a disability. In order to receive this benefit you must provide medical substantiation that you are unable to work. Other people experience that they can only work reduced hours or a different type of job that pays less. Your social security office can assist you with the specifics of such benefits as well as how to apply for them.

Some types of social security benefits can be taxable. You will need to discuss what you receive in any given year with your tax preparer. It is wise to discuss all this with a government worker or a help agency that is trained in this area as they can help you to avoid paying taxes on money that is tax free.

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