Wiki User
∙ 14y agoif starting to draw s s at age 70 do you get money from age 66 in a lump sum?
Wiki User
∙ 14y agoYou are not required to take a lump sum dist. at age 62 (RMD start at 70 1/2).
You can draw a reduced Social Security benefit starting between age 62 and your full retirement age. Someone born in 1953 has a full retirement age 66. You should become familiar with the Social Security website given in the related link.
14 years old Actually, you can be any age as long as you can reach the buttons on an ATM and have a card linked to the account you want to draw money out of.
Any lump in the breast at any age should be taken seriously, as it could very well be cancer.
18 Depending on your state, if the account is a UTMA/UGMA (Uniform Transfers to Minor/Uniform Gifts to Minor), the minor may not be able to withdraw money until s/he reaches 21.
You can only draw Social Security benefits at age 55 if you are disabled.
no. he has a minnimum age
First you need to have earned income. Anyone who has earned income, of any age (including children), can open an IRA. The earlier you start your IRA, the longer it has to grow. While a concrete/suggested age is not specified to my knowledge, the sooner a person begins contributing part of their income to an IRA the more money will be available come retirement age. Therefore, everyone who is employed (starting at any age) would be wise to start putting money aside for their future.
It is possible. Get to the doctors so that you can have it examined and properly diagnosed, a lump on or near the breast is nothing to play around with.
4y
NEVER The money a person has paid into Social Security is already spent. Current benefits are paid from money being put in now. As long as there is money available, a person will get their benefit. Even if they were drawing on the money they had paid in, most people will not live long enough to draw it back out.
One should buy an endowment plan when they are of middle age. Since endowment plans are essentially life insurance policies, they pay a certain amount of money in a lump sum only after a significant amount of time has passed.