Social Security - Application Flashcards
On what is the “indexing year” based?
It is based on the average indexed wage starting two years prior to first eligibility. For retirement benefits, this age 60 (62 - 2 = 60)
What is the difference between “First Eligibility” and “Entitlement”?
First eligibility is the year when the worker reaches age 62. It has significance for calculating AIME and PIA.
Entitlement is when you are not only eligible, but have a filed a complete signed application.
Can the online SS retirement benefits application be signed online?
Yes. It is done at the end of the application by pressing the “Sign Now” button.
What is the earliest one can apply for SS benefits?
For primary, max is 4 months prior to becoming entitled. For spousal benefits, earliest is 3 months prior to turning age 62. Survivors benefits should be applied for immediately upon death of the primary.
Which of the following benefits can be applied for entirely online?
Retirement, Primary
Retirement, Spouse
Disability
All of the above.
For vital records, what type of document is acceptable?
Original or certified copy
What supporting documents are needed in addition to the application for each of the following:
Retirement, primary
Retirement, spouse
Spousal with child
Age
Age + marriage
Marriage + child in care
T or F - Both the primary and spouse can apply for their benefits entirely online, including signing the applications.
True
What documents are necessary to apply for SS for a U.S. citizen?
Social Security Number
Birth certificate
W2 or self employment tax return for prior year
Military discharge papers if applicant had service
Bank account info (SS payments must be received electronically starting in 2013).
T or F - SS benefits must be received electronically starting in 2013.
True. This is why the SS application asked for routing info the beneficiaries checking account
Why does the supporting documentation for retirement benefits include last year’s W2 or self-employment return?
To determine if benefits withholding is indicated.
Why does the SSA retirement benefits application request information on your bank or checking accounts?
Because, as of 2013, all SS payments must be made direct deposit to the beneficiaries bank account.
What is the earliest age that one can apply for retirement benefits?
61 years and nine months. Note that this is four months before benefits would start based on being age 62 for at least one calendar month. Four months is longest allowable lag allowed between when one can apply for and then receive benefits. SSA won’t process applications for benefits five months before the benefits can begin.
