How can I take money out of my Social Security before retirement?
Just got a job and cant keep up with basic bills.
Asked By: Ben P - 12/2/2008
Best Answer - Chosen by Asker
I'm sorry but the short answer is no for the reasons outlined above... More
Answered By: Jeanne R - 12/6/2008
Additional Answers (5)
No can do. You don't have an "account" at Social Security.
Answered By: src50 - 12/2/2008
It doesn't work that way. It's not a personal account, it's a promise to pay you when you retire.
Answered By: v b - 12/2/2008
You can't. That's not the way Social Security works. You get specific payments based on your age. The only way you can collect Social Security funds before reaching retirement age is if you become disabled and can't work.
Answered By: rtfm - 12/2/2008
Hahahaha! Thanks for the laugh. The money you speak of is not yours, it belongs to the Federal government who promised to pay you Social Security benefits when you become elligible. Which you are not now. George Bush tried to change Social Security so a portion of your taxes could go into an acount directed by you... More
Answered By: David M - 12/2/2008
The only way to access that money early is to get seriously disabled. People who can't take care of themselves get SSI payments, although they are usually less than someone would make doing a 40 hour a week job at minimum wage... More
Answered By: Tom M - 12/2/2008
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