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This is not an IRS form. SSA-25 is a form from the Social Security Administration that allows a spouse who is at least 62 years old, but has not yet reached full retirement age, to receive Social Security benefits based on the other spouse's income. Choosing to receive retirement benefits early results in a permanent reduction of the monthly payment, even after that person reaches full retirement age. Once the form is completed and signed, the spouse is bound by the terms of the agreement.
The benefit reduction is calculated according to a formula noted in the SSA explanation, below.
Form SSA-25 (01-2010) EF (01-2010) Certificate of Election for Reduced Spouse's Benefits
"A spouse's insurance benefit may be payable for months between age 62 and full retirement age (FRA), even if you do not have in your care a child of the worker under age 16 or disabled entitled to a child's insurance benefit.
"Choosing to receive spouse's insurance benefits before FRA will result in a permanent reduction in your monthly benefits. Since such benefit will be at a permanently reduced rate and will continue at a permanently reduced rate even after FRA, the law requires that we obtain a certificate of election if you wish to receive the permanently reduced benefit.
"The amount of the reduction is 25/36 of 1 percent for each of the first 36 months from the start of the permanently reduced benefits to, but not including, the month you reach FRA.
"The reduction is 5/12 of 1 percent for each such month in excess of 36. In addition, if another beneficiary(ies) other than the wage earner (e.g., a student child beneficiary) is entitled to a monthly benefit on this Social Security number, election for a reduced spouse's benefit may cause a reduction in total monthly benefits. These reduced benefits may be paid for as many as 12 months before the month this certificate is filed. No reduced spouse's benefit may begin before the month you are 62. If you are eligible for retirement insurance benefits in the month this certificate takes effect, you will be considered to have applied for them."
Wiki User
∙ 13y ago
Wiki User
∙ 13y agoCertificate of Election for Reduced Spouse's Benefits - SSA uses the information collected on Form SSA-25 to pay a qualified spouse who elects to receive a reduced benefit at an earlier age.
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do i have to use form 1040a if i am receiving social security?
do i have to use form 1040a if i am receiving social security?
What is the full form of SSA in the term SSA Gov?
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A social security form is filled out by filling out the appropriate questions. These questions include your full name, date of birth, place of birth, your address and your social security number.
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Social security recipents get a 1099 at tax time.
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The social disability application is a form filled out by someone who is disabled and unable to work. A person who can not work and earn an income would fill out the form and try to get social security disability income.
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