What would you like to do?
Can you be on Social Security Disability and still get your retirement?
for those who are unable to work due to health
Does your employer still withhold Social Security if you are retired and collecting Social Security?
Yes. If you work after retirement, you will still have contributions to Social Security and Medicare (FICA) withheld from your paycheck at the same rate as before retirement.
Can you receive Social Security disability benefits and Social Security retirement benefits at the same time?
No. You can only receive Social Security disability benefits if you are below full retirement age and meet SSA disability severity guidelines. Once you reach retirement age (6…5 for people born before 1943; 66 for those born in 1943-1954; gradually increasing to 67 for those born in 1960 and later), your disability benefits automatically convert to retirement benefits at the same base rate.
If you draw disability Social Security at the age of 58 when will you draw Social Security retirement benefits?
Social Security Disability (SSDI) benefits automatically convert to retirement benefits at the same rate of pay when the person reaches full retirement age. There is no increa…se in benefits or additional payment at retirement, only a change in administrative status and loss of earned-income restrictions. For people born before 1943, full retirement age is 65; for those born between 1943 and 1954, the age is 66; for those born between 1955 and 1960 and later, the age gradually increases to 67.
Can you receive Social Security benefits when you retire if you already receive veteran disability benefits?
Yes, if you have the right number of quarters in and are at least 65 or blind or disables.
Yes, if it is severe enough. Look at the listing of impairments on the social security website
If an individual goes off of Social Security Disability for a lengthy amount of time, a new Initial Claim would need to be filed in order to ask for the benefits again.
Yes. You can receive Social Security benefits while living in most foreign countries, and Canada is one of them.
Yes. If you retire at age 62, you can earn $1,180 per month ($14,160 per year) in wages and an unlimited amount of income from passive sources, like 401k, annuities, dividends…, non-government pensions, etc. The most you can earn in any year prior to reaching full retirement age (most likely 66) is $14,160. If you exceed the limit, the SSA will temporarily reduce your future benefits by $1.00 for every $2.00 earned over the cap. Social Security will withhold your benefit check beginning in January of the following year until the entire overage has been offset.
Legal businesses who employ individuals for work in exchange for money in the USA have a tax ID number that is unique and attached to all finances which is on file by the Inte…rnal Revenue Service (IRS) and the Federal Treasury Department (also known as FMS, Financial Management Services). To be a legal and legitimate employee, an individual employee must have a Social Security Number that is unique and attached to their personal full name, date of birth, city and state of birth and mother's maiden name and is kept on a Master Beneficiary Number file through their lifetime for earnings, taxes, identification, and other references. From each pay check earned for services, work, compensation or tips that an individual receives from their employer it includes a taxation from their gross earning that is set aside into an account for Social Security and Medicare. It is strictly money that comes from the EMPLOYEE only. The taxed funds do not include money from any other source: not the employer, the county, or state. It is from the worker's earned income only. It is not the same as Workers Compensation Fund. A person may have one employer his entire working career or he may have several, dozens, hundreds of different employers until he retires or becomes disabled and unable to do any gainful work. The uniquely identifiable Social Security Number assigned to you, the employee, follows your earning history and the special taxable amounts set aside into the Social Security and Medicare funds are always accruing and kept up to date. Therefore, when you retire from your profession, trade, skilled labor, etc., you notify Social Security Administration and begin to receive back all the moneys you paid into that fund which the Federal government taxed out of your paychecks in monthly benefit checks. So you receive a monthly check, a pension, regularly, from money which YOU EARNED AND SAVED for retirement or should a serious disability arise that forces you to stop working and begin receiving those funds. The funding in Social Security Administration to beneficiaries comes from THEIR paid work. It is not generated by the government itself nor public taxes: the social security administration check I received this month is actually money I saved while I was younger and able to work at my job. This is not to be confused with Social Security Insurance, known as 'SSI'. Social Security INSURANCE recipients receive a monthly stipend that is funded by state and county public taxes. Therefore, a small child can be a recipient of SSI, or a young blind person, or anyone who is ultimately unable to fend for themselves financially and would otherwise be unfed, without a home or the ability to pay for medication and living expenses necessary for survival. Due to our society's economic structure, this social insurance is funded by public taxes and is necessary for the health, safety and welfare of the general public. Without it, those who are unable to have adequate jobs and medical benefits for illness, medicine, hospitalization, childbirth, etc. would be at a total disadvantage, mainly through no fault of their own for whatever reason exists, to survive and would basically resort to desperate crimes to be able to eat, have shelter and live with the rest of the society. However, the beneficiaries of Social Security Administration Retirement are people who are receiving money they earned themselves and are classified different ways. Some are early retirement people, who became disabled and paid enough into their funds to collect it sooner; some are veterans who are retirement age or were injured while serving in the military forces; some are retired that worked for the railroad industry their whole working career, which is a major contributor and factor in our country's economic success. Others are spouses who did not work outside of the home but contributed by raising children and making sure they were educated and fed in a safe home so they could go on and become independent, self sufficient members in society and therefore are entitled to receive a retirement pension of their own from the husband or wife's working fund, because the Federal government and society recognizes that to be the same as being employed full time, even more so. We hope you have a better understanding and answer about how or where the funds come from regarding Social Security Administration's Retirement. It is a good question that many people think about often but is often overlooked when talked about or read in books and newspapers.
ZERO your husbands disability income has to do with his inability to work and has nothing to do with you in life or death.
Yes, so long as you earn less than $1,010 a month, after deducting "work expenses" related to your disability. There is no limit for the first nine months.
Potentially, yes-it depends on your income level. The amount taxed could be very low. In general, up to 50 percent of your SSDI benefits may be taxed, which is determined by a…dding up one-half of your SSDI benefits plus all of your other income sources. For the 2012 tax year, taxes are owed on any amount above a base level of $32,000 for couples filing jointly and $25,000 for individuals. Additionally, SSA benefits can be taxed up to 85 percent if the total of one-half of your benefits and all your other income for the tax year is more than $34,000 if filing single or $44,000 if you are married filing jointly; or if you are married, filing separately and lived with your spouse at any time during the tax year.
Social security disability and social security benefits are the same thing and would be subject to income on your correctly completed 1040 income tax return When you have othe…r sources of world wide income. Generally, if Social Security benefits were your only income, your SSB benefits are not taxable and you probably do not need to file a federal income tax return. If you have any other sources of worldwide income and (tax exempt interest and exempt dividends) then it is possible for some of your SSB to become taxable income on your income tax return and then you would be required to file an income tax return.
In Federal Laws
it depends, there are some regions or countries that allow tax on your SSN, and some are don't include or don't get tax on it.... See below link: http://official-online-ss…n-card.org/
In 2010, People on disability can earn up to $1,000 per month ($12,000 per year) for most disabilities, or $1,640 per month ($19,680 per year) if legally blind. Earning more t…han these limits would be considered engaging in Substantial Gainful Activity (SGA), would trigger a continuing disability review, and likely result in termination of the person's disability status with Social Security. If you decide to return to work, the SSA allows nine non-consecutive months where earned income is unlimited; however, any month a disabled person earns more than $720.00 is counted toward the nine-month trial work period. Social Security disability benefits may be temporarily reduced if the person is also receiving Worker's Compensation or other public disability payments. The total amount of all sources of government disability income, including SSDI, cannot exceed 80% of the worker's average current earnings at the time of disability. SSDI benefits are based on the amount of money a worker paid in FICA (insurance) taxes during his or her working years, and is not means-tested. The Social Security Administration only cares about earned income as a measure of work performance. There is no limit on passive income a disabled person can receive from other sources, such as pension, annuities, capital gains, dividends, gifts, etc. There is also no limit to the amount of income other family or household members may earn. None of this money affects your SSDI disability benefits. Different rules apply for people who are on SSI (Supplemental Security Income, a form of welfare for the disabled) or a combination of SSDI and SSI, which is means-tested. Only the SSI portion of the person's income may change; the SSDI payments are affected exactly as detailed above.
In most cases, people will not be able to receive social security disability if they move overseas. However, each case is different and there is no way to know until the S…ocial Security Administration makes a decision.