If you were born after 1928, you qualify for Social Security retirement benefits if you accrued credits depending on the number of quarters you worked and paid taxes into the system. This assertion is true.
The Social Security Retirement benefit is a monthly payment that replaces a portion of your lost income when you reduce your work hours or stop working altogether. It's critical to discover other ways to meet your monthly expenses as you become older because it may not be able to totally replace your income.
A worker who was born after 1928 must have clocked up at least 40 quarters of "covered employment" in order to qualify for Social Security retirement benefits. A three-month calendar quarter is typically referred to as a "quarter of coverage."
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