How to increase social security payments? (state, friend, years, benefits)

[secretfriend2]

I get the minimum social security payments $906 a month.Is there a process or appeal to get this increased?Are there lawyers or professional services that can help?

[GCharlotte]

Originally Posted by secretfriend2

I get the minimum social security payments $906 a month.Is there a process or appeal to get this increased?Are there lawyers or professional services that can help?

Are you receiving benefits because you are disabled or because of age? Why do you think you're entitled to more cash?

There are probably better groups for this discussion unless somehow this is Charlotte related. I encourage you to use the Search function to see what's out there and Google to find non CD forums on Social Security.

[chicagocubs]

seems like I saw this thread once before..

[Sean_CLT]

Social Security is based on a funding formula called AIME. You'd need to demonstrate income in the past which Social Security did not know about.

Oh, and you could owe back taxes to the IRS, if you now document unreported income...

[TuborgP]

Originally Posted by secretfriend2

I get the minimum social security payments $906 a month.Is there a process or appeal to get this increased?Are there lawyers or professional services that can help?

Minimum Social Security retirement amount

There is no minimum monthly Social Security benefit amount. For administrative reasons, we will not pay a benefit of less than $1.

[accufitgolf]

Maybe not a simple question but if one was to retire today (at 65 and whatever months) what would be the max Social Security they could collect? Also what would have been the general breakdown of what they would have had to earn to obtain the max.

There might be many variations but........

Thanks

[rjm1cc]

You should get a statement from the SS adm that shows your taxable earnings for each year since you started working. If those amounts are correct you benefit is probably correct. You can use the calculators on the SS web site to see if you come close to what they are paying. If you see any errors write to them and see how you can resolve.
Depending on your age you maybe able to stop your ss payments and go back to work until you are at full retirement age or up to 70.

[Escort Rider]

Originally Posted by secretfriend2

I get the minimum social security payments $906 a month.Is there a process or appeal to get this increased?Are there lawyers or professional services that can help?

Originally Posted by TuborgP

Minimum Social Security retirement amount

As TuborgP has shown, the OP is not getting the "minimum" Social Security amount. I get $149 a month, and I know that is not the minimum either.

[reed303]

Originally Posted by accufitgolf

Maybe not a simple question but if one was to retire today (at 65 and whatever months) what would be the max Social Security they could collect? Also what would have been the general breakdown of what they would have had to earn to obtain the max.

There might be many variations but........

Thanks

This from:

Maximum Social Security retirement benefit

"What is the maximum monthly Social Security retirement benefit?



The maximum benefit depends on the age a worker chooses to retire. For example, for a worker retiring at age 66 in 2012, the amount is $2,513. This figure is based on earnings at the maximum taxable amount for every year after age 21."


IOW, the "highest 35 years" would all have to have been at least at the "maximum taxable amount"



The maximum taxable earnings amount in 1977 was $16,500. It increased each year until 2012 it was $110,100.

[akck]

The only way I know of to increase your SS payment is to work more years at higher income levels. The SSA will then re-compute your basis and increase your payments.