There are many benefits with your Social Security Card this can provide you, your spouse, and other qualified members of your family with benefits. When you retire, if you are a disabled person, and when you die you can claim your benefits. The Social Security administration provides a planner that can help you understand better your Social Security protection when you plan for your financial future. You can choose a calculator that can calculate your benefits to find out your monthly benefit amounts.
You can see the application for Social Security benefits online, or if you cannot see the online application for the benefit that you want, you can call your local Social Security Administration office.
The types of benefits you can apply for are Retirement or Spouse’s benefit, Medicare, Disability, Survivor’s benefit, and Children’s benefit.
- Retirement Benefit:
People who are at least 61 years and 9 months old; who are not currently receiving benefits on your own Social Security record; who have not already applied for retirement benefits; and those who want to claim their benefits to start no more than four months in the future.
Social Security Administration uses Retirement Estimator to know the personal estimate of how much your benefits will be at different ages and the year you stopped your work dates before you start the application.
- Spouse’s benefit:
A person may be able to apply for a spouse’s benefits and claim your spouse’s retirement benefits if you are at least 62 years old and your spouse is receiving a retirement or disability benefits. Even if you are divorced, you can still receive your ex-spouse’s benefits
Medicare is a health insurance program for people who are 65 years old and older, people who are younger than age 65 can also apply for medicare but must qualify on some certain requirements.
The health insurance program helps with the cost of health care, but most of the time it does not cover the whole medical expenses or the cost of long-term care.
With medicare, you have a hospital insurance where it lessens your cost for inpatient care and the medical insurance helps you lessen your cost for the physician’s services and other medical services.
- Disability benefit:
People who are age 18 or older can apply for disability benefit, who are not currently receiving benefits on your social security record, who are unable to work because of a medical condition that is expected to last at least 12 months or may result in death, or who have not been denied disability benefits in the last 60 days.
- Survivor’s benefit:
One cannot directly apply for a survivor’s benefit, most cases the funeral home are the ones who report the person’s death to the Social Security Administration. If you are a beneficiary of your parent’s or spouse’s record, the administration will automatically change the benefits to survivor’s benefit. Some benefits get higher if you are a widow or a widower.
- Children’s benefit:
A child can get benefits if they are a biological child, adopted child, or a dependent stepchild of their parents. Other times, a child is a beneficiary of their grandparents’ earnings.
For a child to get the benefit, a child must have:
- A parent who is disabled or retired parent, and entitled to a social security benefit;
- A parent who died after having worked long enough in a job where they paid Social Security taxes.
The child must also be:
- Younger than 18 years old;
- 18 to 19 years old and a full-time student;
- 18 or older and disabled.