Social Security is a federal government program that may provide you with monthly retirement benefits beginning anywhere between the ages of 62 and 70. The amount of your social security benefit depends on the age you start receiving benefits and your earnings over your working career. Employees are required to contribute a percentage of each paycheck, as is Northrop Grumman.
Visit www.ssa.gov to learn more and for information on how to apply.
You can begin receiving your reduced Social Security benefit as early as age 62, or you can wait to receive your full Social Security benefit. The age at which you are eligible to receive your full benefit depends on the year in which you were born, as shown in the chart below.
The amount of your Social Security benefit is determined by:
Age You Can Receive Your Full Social Security Benefit
Year of Your Birth |
Age Eligible to Receive Your Full SS Benefit |
---|---|
1937 or earlier |
65 |
1938 |
65 and 2 months |
1939 |
65 and 4 months |
1940 |
65 and 6 months |
1941 |
65 and 8 months |
1942 |
65 and 10 months |
1943 - 1954 |
66 |
1955 |
66 and 2 months |
1956 |
66 and 4 months |
1957 |
66 and 6 months |
1958 |
66 and 8 months |
1959 |
66 and 10 months |
1960 and later |
67 |
You should apply for Social Security three months before you want your benefits to begin. You can apply in one of three ways:
When you apply for Social Security benefits, you may need original or certified copies of the following:
When you submit your documents, be sure to keep copies for yourself. If you do not have all of the required documents, contact your local Social Security office for help.
The Social Security Retirement Benefit Estimator is an online tool that offers a personalized estimate of your Social Security benefit based on your earnings.