While there is some variety in the laws of each state, a worker is generally eligible for unemployment benefits if they are:. Some states permit unemployed workers to apply for benefits despite having been terminated with cause, and some even permit benefits for workers who have voluntarily quit.
Circumstances play a large role in determining eligibility for unemployment benefits, and the approval process may take a long time if the employer contests the former employee's claim. Social Security retirement benefits are available to eligible American adults who have reached retirement age and have a qualifying work history.
The maximum amount paid each month is set by law, and the specific award to each beneficiary depends on the earnings they reported during their 10 highest earning years of work. To receive Social Security benefits, a person must be:.
As a rule, seniors become eligible for a partial retirement stipend at age 62, full retirement at age 65, and enhanced retirement benefits beyond that. It used to be the case that many states reduced the amount of unemployment benefits they paid to older workers who also received Social Security payments.
Such offset laws were on the books in 20 states in the early s, though active advocacy has all but eliminated these laws. In , only Minnesota still uses an offset formula for reducing unemployment benefits for unemployed workers who get Social Security, and even this is a limited rollback of benefits, rather than a complete disqualification.
Both Social Security and unemployment assistance place limits on how much income you are allowed to earn outside of the program. Beneficiaries who exceed these limits may see a reduction in the benefits they get from both the SSA and their state's unemployment agency.
Fortunately for recipients, the SSA does not count unemployment benefits as income for reporting purposes, and 49 states excluding Minnesota do not count Social Security benefits as income for unemployment reporting. The process of applying for both unemployment and Social Security is not significantly different from applying for each program on its own. To apply for retirement benefits, visit the SSA website and submit an application online. You may also apply by mail or in person at your local SSA office.
Most people can apply for unemployment online or by phone through their state's unemployment office. In some cases, you may be scheduled for a telephone interview to confirm some of the details of your application. Outside of Minnesota, you do not generally have to disclose Social Security payments as income, though it is a good idea to mention your benefits to an unemployment intake worker to make sure the required paperwork is in order.
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Javascript must be enabled to use this site. Please enable Javascript in your browser and try again. Now Reading:. Membership My Account. Rewards for Good. Share with facebook. Share with twitter. Plus, for every year you postpone benefits until age 70, those checks will be even larger.
That deal has only gotten better as interest rates have gone down and payouts from private annuities have also declined, said David Blanchett, head of retirement research at Morningstar. The answer is yes. Generally, unemployment insurance doesn't count Social Security retirement benefits in its income calculations, said Demetra Nightingale, institute fellow at the Urban Institute, a nonpartisan think tank.
Other sources of income, such as annuities or investment income, also typically don't count. Some states previously had Social Security offsets, which meant they would reduce unemployment benefits when someone is also receiving Social Security.
But those rules have largely been repealed, according to the National Employment Law Project. Of note, if you are receiving Social Security disability benefits, it means you are too disabled to work and therefore ineligible for unemployment benefits, said Gary Burtless, senior fellow in economic studies at the Brookings Institution, a think tank. If you decide to claim benefits now, there are a couple of ways you may be able to adjust your strategy later if your circumstances change.
If you start receiving checks now and later change your mind, you have up to one year to withdraw your application.
There are restrictions, however. For example, you cannot do this 12 months after you made your decision. And you can only do this once.
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