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Your payment. Should you wait to start collecting Old Age Security. Partial Old Age Security for less than 40 years of residency (after age 18) Maximum payments and income thresholds. Find out more about Old Age Security (OAS) payment amounts.
You can start receiving your Social Security retirement benefits as early as age 62. However, you are entitled to full benefits only when you reach your full retirement age. If you delay taking your benefits from your full retirement age up to age 70, your benefit amount will increase.
The Social Security Retirement benefit is a monthly check that replaces part of your income when you reduce your hours or stop working altogether. It may not replace all your income so it's best to identify other ways to pay for your monthly expenses as you age. Learn how to apply.
Aug 15, 2024 · Social Security provides benefits to retirees, survivors, and disabled workers. How much you receive depends on your age and income.
- Retirement. Whether you need help deciding when to retire or are ready to start the next chapter in your life, we have the tools you need to get started.
- Disability. If the unexpected happens, Social Security may be able to help. We pay disability benefits to those who can’t work because they have a medical condition that’s expected to last at least one year or result in death.
- Medicare. Medicare is our country’s health insurance program for people 65 or older. Certain people younger than age 65 can qualify for Medicare too, including those with disabilities and those who have permanent kidney failure.
- Survivors. If you lose a loved one, we are there to help you get through the difficult time. We pay survivors benefits to widows, widowers, and to the dependents of eligible workers.
Understand how Social Security fits into your retirement plan by learning how Social Security works, eligibility requirements, and what to consider before applying.
This page will guide you through the process of applying for retirement benefits when you’re ready to take that step. Our online application is a convenient way to apply on your own schedule, without an appointment. You can also apply by phone or by appointment at a Social Security office.
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related to: what are social security retirement benefits for social securitySSI provides monthly payments to help meet basic needs. See if you may be eligible. Financial assistance for those with a disability. See if you qualify for SSI benefits.