Social Security is set up to be a safety net for people who are working and may become injured as well as people who are too old to work. There is a general agreed upon age of retirement, which is 65 years old. However, some people may retire at 62 and receive less money per month while others wait until they are older than 65 to receive more money per month.
Still, there are others who pay into the system their entire life but for one a few reasons may never receive any benefits from Social Security. Still, a full 97% of adults aged 60-87 have received or will receive benefit payments. Furthermore, 97% of young people 20-49 years of age who have worked a job and made payments into the Social Security system have earned life insurance protection.
Awareness is Key
There is a government website which is available to citizens who wish to log-in and see what benefits they have earned and how much they have paid into the system in their lifetime. You can find that login prompt here
Furthermore, if you are having trouble receiving SSDI benefits, you can reach out to an attorney who specializes in these matters. They most likely can help you maximize your claim or get the ball rolling at the very least.
Maria, a Social Security Disability Attorney in Melbourne, FL., had this to say: “Very often we see people who are not aware of what they are entitled under the Social Security system. It is only after talking with us do a large portion of our clients understand what benefits they can receive from a system which they have paid into their entire lives.”
Conclusion
One has to realize that from the day they took their very first job and the U.S. government started withholding fees, that they were contributing into a system that would pay them back once they hit a certain age. Some peopel may never reach the age to qualify for retirement while others simply may ever begin the process because they are well-off or a variety of other reasons. But, the large majority of people who live to be at least 62 years of age will receive benefits. How much the individual receives depends on how much he or she has paid into it over a lifetime as well as what age they retired from the workforce.
