Question: I already made $17,000 this year and cannot receive my unemployment benefits at this time. Am I still eligible to collect Social Security at this time? Otherwise I will have no other income.
Answer: Yes, Lila, provided you are 62 or over, you can collect reduced retirement benefits based on your work record.
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When it comes to personal finance, economics and our software care about one thing—your living standard. All questions in personal finance boil down to your living standard. Your decision about when and how to take Social Security can affect your living standard throughout your retirement.
I am a professor of economics and I’ve spent a good part of my academic career studying personal financial behavior. Here’s why my colleagues and I developed Maximize My Social Security. Deciding, on your own, which Social Security benefits to take and in which month to take them is incredibly difficult. Most households face millions of options. You can easily lose tens of thousands of dollars making the wrong choices.
My company’s software Maximize My Social Security, can help you avoid costly mistakes and instead discover your maximized lifetime household benefits.
