SSI stands for Supplemental Security Income. Social Security administers this program. We pay monthly benefits to people with limited income and resources who are disabled, blind, or age 65 or older.

Is Social Security considered retirement pay?

Only earned income, your wages, or net income from self-employment is covered by Social Security. Pension payments, annuities, and the interest or dividends from your savings and investments are not earnings for Social Security purposes. You may need to pay income tax, but you do not pay Social Security taxes.

How do you apply for Social Security retirement benefits?

Select the “Apply for Retirement Benefits” button (above). You’ll be asked to create or sign in to your my Social Security account and then go through a series of screens that will ask you questions about yourself, your family, and your work. Fill out the online application .

How to calculate your Social Security retirement benefits?

Go here for resources to maximize your retirement. My Social Security Retirement Estimate Get personalized retirement benefit estimates based on your actual earnings history. Apply For Retirement Benefits Our online retirement application lets you apply for retirement in as little as 15 minutes.

How to find out if you are still eligible for Social Security?

Your answers will help us figure out if you still are eligible for benefits. Return the questionnaire to the office that sent it as soon as possible. If you don’t, your payments will stop. In addition to responding to the questionnaire, notify us promptly about changes that could affect your payments.

When to apply for Social Security and railroad retirement?

All of that said, if your SS benefit is higher than your tier 1 railroad benefit, it may well be optimal for you to wait until age 70 to apply for Social Security. You can still accrue delayed retirement credits on your Social Security record from full retirement age until age 70, even if you are already drawing railroad retirement.