For many Social Security disability benefits recipients in Oregon who are worried about making ends meet as they get older, there are strategies to employ to increase the amount of benefits you receive as you reach retirement age. One expert on Social Security and its complex system of rules and regulations recently shed some light on the subject.
Many disabled Americans are rightfully worried that they will see a reduction in benefits once they hit they hit their mid-60s, but that doesn’t have to be the case as long as they are aware of how the system Social Security disability system works.
For instance, disabled workers who have not hit the full retirement age, which is 66 for most Social Security recipients, can continue to collect the full amount of their benefits in the years leading up to retirement. In contrast, non-disabled workers who apply for retirement benefits between ages 62 and 66 only receive reduced benefits.
In addition, if the disability recipient is married to a spouse who is collecting retirement benefits, the disabled worker can receive an excess spousal benefit between the ages of 62 and 66. The excess is calculated as the difference between the worker’s full retirement benefit and 50 percent of the spouse’s full retirement benefit amount.
If the disabled recipient was married for at least 10 years and divorced for at least two, the recipient can still receive the excess spousal benefit.
Of course, this explanation is just skimming the surface of Social Security’s web of rules governing what you can receive and at what age you can receive it. But for disabled workers who need more to get by, they should know that there are options to help increase their benefits.
Source: PBS Newshour, “How to Maximize Social Security if Disabled and Other SS Questions,” Paul Solman, Feb. 18, 2013