10 Things to Know About Social Security Benefits 

Andy Markowitz,

Updated May 27, 2026

AARP

Reviewed by

Stephen Richardson

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En español

Updated May 27, 2026

Social Security provides benefits to more than 71 million people, and those monthly payments have an enormous impact on older Americans’ financial health. According to the Social Security Administration (SSA), Social Security accounts for more than half of income for 2 in 5 beneficiaries ages 65 and over and more than 90 percent of income for 1 in 7.

Without it, the Center on Budget and Policy Priorities reports, nearly 23.5 million Americans would fall into poverty.

An institution that looms so large in American life is bound to generate questions about what it does and how it works. Here are the answers to some of the most frequently asked questions about Social Security.

1. Is Social Security just for retired workers?

No. As of April 2026, 76.4 percent of beneficiaries were retirees. The remainder were spouses, ex-spouses and children of retirees (4 percent); people with disabilities and their families (11.4 percent); and survivors of deceased beneficiaries (8.2 percent).

2. At what age can I start collecting Social Security benefits?

You can begin receiving retirement benefits at age 62, but your payments will be greater if you wait until your full retirement age (66 and 10 months for people born in 1959 and 67 for those born in 1960 and after). If you are eligible for survivor benefits or Social Security Disability Insurance (SSDI), you may be able to start collecting earlier.

3. How do I sign up for Social Security?

You can apply for retirement or spouse benefits online if you have a My Social Security account, by phone at 800-772-1213 or in person at a local Social Security office. The same option is available for SSDI. For survivor benefits, you can apply only by phone or in person.

To file your claim in person, you need an appointment. Call 800-772-1213 to schedule one at a Social Security office.

4. How long do I need to work to become eligible for benefits?

For retirement benefits, at least 10 years. Social Security uses a system of credits, which you collect by working and paying Social Security taxes. You can earn up to four credits a year, and you need 40 credits to qualify for retirement benefits. The credit threshold may be lower for disability benefits.

5. Must I stop working to collect retirement benefits?

No, you can receive benefits while working. However, if you are under full retirement age and earn more than a specified amount, your monthly benefits will be temporarily reduced. Once you reach full retirement age, the reduction is eliminated, and your benefits will be adjusted so that, over time, you recoup what was withheld.

6. How much will I get from Social Security?

That depends on a few factors, most crucially your lifetime earnings from work for which you paid Social Security taxes. Social Security takes your 35 highest-earnings years, calculates an inflation-adjusted average and plugs that into a progressive formula that determines your “basic” benefit. How old you are when you claim benefits will also affect the amount. You won’t know it for sure until you file, but you can use the AARP Social Security Calculator to get an estimate.

7. What’s the maximum monthly Social Security payment?

For a worker claiming Social Security in 2026 at full retirement age, the highest possible payment is $4,152. That’s about double the estimated average retirement benefit ($2,081 in April 2026). To draw the top benefit, your earnings must have exceeded Social Security’s maximum taxable income — the annually adjusted cap on how much of your income is subject to Social Security taxes — for at least 35 years of your working life.

8. How can I boost the amount of my benefit?

The longer you wait to collect after you become eligible, up until age 70, the more you will receive. Say you were born in 1964. If you claim Social Security in 2026 upon turning 62, you’ll get 70 percent of the benefit amount calculated from your lifetime earnings. If you wait until full retirement age — in your case, 67 — you’ll get 100 percent. Delay past full retirement age and Social Security will increase your benefit by 8 percent a year until you hit 70. There’s no financial incentive to delay past age 70.

9. Can I receive Social Security benefits based on an ex-spouse’s earnings?

You may be able to claim a divorced spouse benefit if the marriage lasted at least 10 years, you are at least 62 and you have not remarried. If so, you could get up to 50 percent of your former spouse’s full benefit amount — but only if that exceeds your own retirement benefit. Social Security will pay the higher of the two amounts, not both.

10. When someone dies, how does Social Security know?

The SSA receives reports of beneficiaries’ deaths from family members, funeral homes and government agencies. Even if you know another entity will report the death of a member of your family, it’s a good idea to inform Social Security yourself (by calling 800-772-1213) as soon as possible.

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The key takeaways were created with the assistance of generative AI. An AARP editor reviewed and refined the content for accuracy and clarity.

Andy Markowitz is a writer and editor for AARP, covering Social Security and fraud. He is a former editor of The Prague Post and Baltimore City Paper.

Stephen Richardson is a retired New England regional communications director for the Social Security Administration and AARP consultant on Social Security benefit issues. He began his career with the agency in 1982 as a claims representative.

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