Minor child's Social Security Beneifts
If parent takes early retirement at 62 is the 50% payment to the minor based on the reduced amount of age 62 or the full amount at age 66?
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Read More Answered By: Brent Rose |
Re: Minor child's Social Security Beneifts I see why you're confused. The rule says your child's payment is based on 50% of your "full retirement benefit amount." My understanding is that the child's payment would be based on the the age-62 amount, not the age-66 amount, since your "full retirement benefit" would then be the age-62 amount. But I've never come across the question before, and I could be wrong.
I hate to say this, but I think you'll have to spend an hour or so on the phone with SSA, since I can't find a definitive answer to your question, and I hope for your sake I'm wrong. |
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