1. If you retire in some foreign countries
If you are planning on retiring outside the US borders, then you should know that you won’t be able to receive Social Security payments. And there is a list of countries available where you won’t be able to receive the payments: Azerbaijan, Belarus, Cuba, Moldova, North Korea, Uzbekistan, Turkmenistan, Cuba, Belarus, Kazakhstan, and Tajikistan.
There are probably many others on the list, so before you decide where you want to relocate, make sure you would still be receiving the benefits.
If you still want to move to some of the countries mentioned above, you need to make sure you will have enough income to support your lifestyle in retirement.
TIP: For more safety, you might want to check out the government’s website, the Payments Abroad section, to find out the exact details regarding this.
You neglect to mention those affected by the GPO and WEP issues that reduce or, in some cases, remove the Social Security benefits that should be paid.
Don’t forget the people who earned their 40 credits, but also worked under a state retirement plan. I get my state retirement, but no social security. Not even using my husband’s social security amount.
Agree with Tamia. I get a federaal retirement. My husband retired from the Navy after 43 years after which he worked in the private sector for over 20 yrs. I can not get anything from Social Security based on his history.
Losing social security is a risk for all Americans. we reached budget limit. Yellen announced accounting trick to delay default until June. Yesterday she announced not reinvesting in govt retirement bonds. no plan on repayment, so this eliminates another year of social security. Medicare payments being delayed. Tell yellen and congress don’t use my social security to pay your bills. Cut military expenses. Stop developing new weapons that US can use to start more wars.
If my wife don’t have enough credits can she use some of mine to bring her up to the amount
she need?