Social Security Report

Retiring With Young Children

You are eligible for extra monthly income when filing for retirement while still raising young children, up to 80% more. This full amount is the family maximum payment and cannot be exceeded, rather it is divvied up between all eligible recipients whether it is one child or five. You could even file and suspend so that your dependents receive their portion of the benefits while you continue to work and increase your own. You are only eligible for these family benefits until your children reach 18 years of age. For more information on this subject visit Jim T. Miller in this article hosted on The Huffington Post.

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