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Can you receive Social Security benefits and a 401k?
Yes, if you meet eligibility requirements for both programs. Texas repealed the Social Security offset regulations that reduced unemployment compensation for people who were… claiming both benefits. Both Social Security and the State of Texas allow workers to collect unemployment and Social Security at the same time without applying a penalty to either check.
Yes, if you meet eligibility requirements for both programs. New York repealed the Social Security offset regulations that reduced unemployment compensation for people who w…ere claiming both benefits. Both Social Security and the State of New York allow workers to collect unemployment and Social Security at the same time without applying a penalty to either check.
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.
They have no affect.
No. A person who lives for more than 30 days in a tax-supported facility, like jail, prison or a nursing home, cannot receive Social Security benefits. If the person is later …released, he or she can begin receiving payments again, but will not be paid back benefits for the time spent incarcerated.
If the child is of a deceased person who is receiving Social Security benefits, he may be entitled to Survivor's benefits under certain circumstances. See the Related Link be…low for more information.
Widows are eligible to begin drawing retirement benefits at age 60 if they have not remarried before that time. Disabled widows are eligible at 50. A widow or ex-spouse may …draw survivors' benefits at any age if she is raising the decedent's dependent minor children who are under age 16. The children should also qualify for separate survivor benefits. Please call the Social Security Administration at 1-800-772-1213 to speak with a representative about your specific situation.
You can receive social security benfits at the age of 65 or if you were born after 1959, 67. This is said to possibly increase with the increasing number of older individuals …in our country and the dwindling number of younger individuals putting money into social security.
Unless you are blind or disabled, the earliest you can receive benefits is at age 62,
No. There really is no such thing as "unclaimed" Social Security benefits. If a person pays FICA (Social Security and Medicare) taxes but dies before he or she can collect ben…efits, his or her widow or widower and minor children, or adult children disabled before age 22 (if applicable) can collect monthly checks for survivors' benefits. Able-bodied adult children or those who became disabled after age 22 cannot collect money from a parent's Social Security (FICA) contributions. The unpaid amount remains in the Social Security trust fund. It is possible that a deceased parent was due one monthly Social Security payment at the time of death. Under these circumstances, the benefit can be paid to the next of kin. For more information, see Sources and Related Links, below.
Social Security benefits are awarded to the wage earner, his/her spouse and/or child(ren).
After "full retirement" age (currently 66 for people reaching retirement this year) there is no limit. I am 67 and still earning in the six figure range and get full social se…curity. People taking retirement at 62 can earn up to $14,640 without any reduction in their benefits; for income over that limit, benefits are reduced by $0.50 for every $1.00 earned. The ammount you lose is reduced on a sliding basis until at full retirement age there is no reduction.
You will have to get that information from the SSA. Go to the SSA gov web site to find some contact information are maybe some information about the time frame that it may tak…e before you start receiving your benefits You could use the search box for this purpose. Click on the below Related Link