Are you eligible for Social Security retirement benefits? To answer this question, you need to know Qualification for Social Security Benefits.
In order to apply and get a Social Security retirement check, the first step is to know the eligibility rules for SSA retirement benefits. In short, to get your Social Security retirement check you must be 62 and have at least 10 years of part-time work.
Two Requirements for Eligibility
There are two requirements for eligibility, the qualification for Social Security Retirement Benefits.
1. You must meet minimum age requirements
2. You must meet minimum work requirements
Age requirement for eligibility
In order to get a Social Security retirement check, you must be at least 62 years of age. The earliest month you can be eligible for a retirement check is your first full month of being age 62. Usually, this means you are eligible for a social security check after your 62nd birthday. So if you turn 62 on October 18th, you are eligible for Social Security in November.
However, there is an exception: If your birthday is the first or second of the month, you are eligible the month of your 62nd birthday.
Please remember that attaining age 62 is not enough in itself for you to be qualified for a Social Security retirement check. In addition, you must meet the work requirements.
Work requirement for eligibility
You need 10 years of work which pays into the social security system to be eligible to receive a Social Security retirement check.
You work under the system and pay your social security taxes. The agency keeps a record of your earnings throughout your working life so it can later determine your eligibility and payment amount.
Your eligibility is determined by how many work credits you earn. You can earn up to 4 credits per year, the credits are sometimes called “quarter credits” or quarter of work”. In 2011, for example, you earn one credit for each $1120 you earn during the year, up to the maximum of 4 credits. Therefore, with as little as $4480 total earnings in 2011, you would earn all four credits for the year.
You need 40 work credits
You need 40 work credits, 10 years of work under social security to be eligible, if you were born in 1929 or later. Under current Social Security law, no one will need more than 40 credits. The bottom line is that you need at least ten years of part-time work to qualify.
Work under the Social Security System
In some jobs, you do not pay Social Security taxes, and that work does not count toward Social security retirement eligibility.
Some people never get a chance to gain social security retirement eligibility because much of their career was outside of the United States.
Tips for Obtaining needed work credits
If you have too few credits, and no foreign work to add your work record, you still have two ways to get a Social Security retirement check:
1. You might have a current or former marriage to someone who is eligible
2.You could work the additional years necessary to gain coverage
These eligibility rules determine your Qualification for Social Security Benefits, whether you can receive a retirement check from Social Security at all, but they do not determine the amount of payment you receive. If you have ten years of work under the Social Security System, you can be sure of two things: you are eligible for Social Security retirement check, and you will eventually receive them if you simply live to retirement age and apply. Want to know how much you can receive for your Social Security retirement check?, please check “How your Social Security Retirement Payment is Computed?”