Sunday, January 15, 2006

Social Security, application for

Payment of Social Security benefits is not automatic; every individual must apply when he or she reaches the required age. Benefits reduced by 20 percent are available as early as age 62. Full benefits begin when the individual reaches age 65. To assure prompt payment of benefits individuals should apply for Social Security three months before the date when they become eligible. Individuals can also apply for Medicare when they apply for Social Security. In most Social Security offices it is necessary to apply in person unless it is impossible. Social Security offers an option of having monthly checks sent as a direct deposit to the individual's bank or saving institution, a convenience that has the added value of eliminating the risk that monthly checks will be stolen from the mailbox. Individuals who take advantage of this option need not go out to make a deposit, and this can be especially useful for people who have difficulty getting about.
See also MEDICARE, RETIREMENT AGE.
Deedy. J. Your Aging Parents. Chicago: The Thomas More Press, 1984.
Gillies, J. A Guide to Caring for and Coping with Aging Parents. Nashville: Thomas Nelson Publishers, 1981.

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