• Question
  • age -- va disability and social security

    Asked on 11/19/2007

    I've been told that I can draw SS at age 59 1/2. Is this true. I am a disabled veteran of the Vietnam war and draw disability from the VA. I'm unable to draw disability from SS and SSI. will I be able to draw SS and at what %.

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  • Categories: Social Security, Military and Veterans Benefits, Pensions and Retirement Benefits

Answers

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  • The Social Security Administration has a good tool to help you figure out eligibility for benefits.

    It is located here: https://secure.ssa.gov/apps7/best/benefits/

    I don't know if it is true of veterans taking Social Security, but it is important for most people to weigh the pros of taking Social Security early and getting benefits for a longer period of time verses delaying the start of Social Security and earning a higher amount of money in each time period.

    NewRetirement has a calculator to help with this decision:
    www.newretirement.com/Services/Social_Security_Start_Age_Calculator.aspx

    And, for other benefits you might be eligible for, you should check out the VA's Federal Benefits for Veterans and Dependents booklet.

  • Login to rate this answer:   Answered on 11/20/2007
**All above answers are provided as general information only. No warranty is made regarding the fitness or accuracy of the information provided in this answer. You should seek advice from a licensed CPA, attorney or CERTIFIED FINANCIAL PLANNER™ as to your unique financial situation.