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Old 02-14-2016, 03:42 PM
 
Location: OH>IL>CO>CT
5,243 posts, read 8,423,860 times
Reputation: 7191

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Apparently credits are updated once a year when employers submit W-2 information. So you would need to contact SSA and ask what is the process to get your 40th credit applied as soon as possible.

This from https://www.socialsecurity.gov/plann...its.html#&a0=0
"In 1978, employers started reporting your earnings just once a year. Credits are now based on your total wages and self-employment income during the year, no matter when you did the actual work. You might work all year to earn four credits, or you might earn enough for all four in a much shorter length of time."
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Old 02-14-2016, 06:06 PM
 
Location: Cape Elizabeth
425 posts, read 388,308 times
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Quote:
Originally Posted by booch221 View Post
I'm 63 and have only 39 credits, because I worked for state government for 30 years, and didn't pay SS taxes during that time.

I'm working now and will probably earn my 40th credit in March. Can I take my pay stub to SS and get them to post it to my account immediately, so I can begin collecting my benefit?
Yes, if the stub shows enough info, name, ssn, fica tax deducted, ,YTD earnings, and is high enough for the 40th quarter, you can receive credit immediately . Call 1 800 772 1213 and ask for an appointment. They are closed tomorrow.
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Old 02-14-2016, 09:05 PM
 
4 posts, read 6,445 times
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Quote:
Originally Posted by ilovemycat View Post
Yes, if the stub shows enough info, name, ssn, fica tax deducted, ,YTD earnings, and is high enough for the 40th quarter, you can receive credit immediately.
Thank you for sharing your expertise.
My stub doesn't show my SSN (identity theft prevention). Maybe I can go to HR and get something from them that would satisfy SSA?
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Old 02-14-2016, 09:20 PM
 
Location: Cape Elizabeth
425 posts, read 388,308 times
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Yes, something like that will work. If the company name is on the stub and you have a letter or W2 form,that will suffice. If you want to begin in February, be sure to call for the appointment before the end of the month.
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Old 02-16-2016, 11:24 AM
 
Location: Albuquerque
1,710 posts, read 2,586,332 times
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Is there a chart that tells you how much you'll get each year between 62 and 66? SS tells me I'll get $1300 at 62 (now, 8 months later it's up to $1400) and $1900 at 66. That's about $150 more every month for every year. Can I figure at 65 I'll get about $1750/month? More or less?
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Old 02-16-2016, 01:28 PM
 
Location: OH>IL>CO>CT
5,243 posts, read 8,423,860 times
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Quote:
Originally Posted by Rich Cabeza View Post
Is there a chart that tells you how much you'll get each year between 62 and 66? SS tells me I'll get $1300 at 62 (now, 8 months later it's up to $1400) and $1900 at 66. That's about $150 more every month for every year. Can I figure at 65 I'll get about $1750/month? More or less?
Is this what you are looking for ?

https://www.ssa.gov/planners/retire/agereduction.html

Click on your birth year then another chart for that year comes up with month by month percentages
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Old 02-17-2016, 09:50 AM
 
4 posts, read 6,445 times
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Check out this chart:
https://www.ssa.gov/planners/retire/1942.html
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Old 02-17-2016, 11:04 AM
 
Location: Cape Elizabeth
425 posts, read 388,308 times
Reputation: 745
Quote:
Originally Posted by Rich Cabeza View Post
Is there a chart that tells you how much you'll get each year between 62 and 66? SS tells me I'll get $1300 at 62 (now, 8 months later it's up to $1400) and $1900 at 66. That's about $150 more every month for every year. Can I figure at 65 I'll get about $1750/month? More or less?
Here's another link to a little different version. If you know your Full Retirement Age amt, you just apply the percent that the "Early/ Late Retirement" gives you when you plug in your birth date and the month you would like to begin.
https://www.socialsecurity.gov/OACT/...arly_late.html
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Old 02-17-2016, 02:46 PM
 
Location: Great State of Texas
86,093 posts, read 72,563,848 times
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I just checked my SS account today..says 2015 earnings not posted yet.
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Old 02-18-2016, 08:16 AM
 
Location: Northern VA
512 posts, read 633,942 times
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Last year I found my 2014 earnings updated on March 11 and posted the results in post #7.
As of today my 2015 earnings aren't shown but my estimated benefits have all increased:

May 2014:
FRA (67) - $2,501
age 70 - $3,177
age 62 - $1,673

March 2015:
FRA (67) - $2,544
age 70 - $3,233
age 62 - $1,700

February 2016: (2015 Earnings not reported)
FRA (67) - $2,609
age 70 - $3,311
age 62 - $1,748

I'll update this again once 2015 earnings are reported.
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