Latest News
Social Security Basics: Who Is Eligible? - Motley Fool
It may seem unlikely, but a fair number of Americans who think they can get Social Security benefits in retirement may not actually be able to do so. Just like most everything else, there are certain eligibility criteria which must be satisfied to be eligible to collect Social Security benefits, the biggest of which is that you must have worked and contributed to the program long enough to earn the minimum 40 “quarters of credit.” And how do you earn those credits? This Motley Fool article by Maurie Backman explains, and also reveals that some folks may be able to claim benefits even if they haven’t worked a day in their life. Click here to read more.
Also, if you’re unsure about how these basics apply to you, or if you have any questions about your individual situation under Social Security, note that the AMAC Foundation provides a free-to-the-public advisory service to help Americans navigate the complexities of this program. Learn more about it here…