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Do married couples each receive their individual Social Security benefit?
Yes. Each spouse receives his or her own benefit check/deposit, calculated from his or her own work record (or up to 50% of the spouse's benefit if one person hasn't earned sufficient work credits).
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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 New York repealed the Social Security offset regulations that reduced unemployment compensation for people who w…ere claiming both benefits.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.
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 Texas repealed the Social Security offset regulations that reduced unemployment compensation for people who were… claiming both benefits.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, each person should have their own will, although there is certainly no law against having interlocking wills. It is somewhat rare for both parties in a marriage to die at… the same instant, meaning the will of one of them will be administered before the will of the other.
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, you can. You served your country and you deserve to reap the benefits from what you worked so hard at. You get your social security benefits to because you contributed to… the social security system for your working adult life. Therefore, you receive both benefits.
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.
Yes you can choose to receive your monthly social security check in the mail if that is really what you want to do.
If nothing is done to change Social Security what can a 26-year-old individual in 2006 expect to receive in retirement benefits from the program?
Benefits for all retirees could be cut by twenty-six percent and continue to be reduced every year thereafter by the year 2040.
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,
Social Security retirement benefits are calculated for each individual, based on his or her own earnings, assuming both parties worked and accumulated the minimum 40 credits e…ach to qualify. Spouses who were homemakers or disabled may draw against the working spouse's record, and typically receive 32.5 - 50% of the spouse's monthly benefit. In 2010, the maximum individual benefit is $2,346 (or $4,692 for a couple). This assumes the person retires in 2010 at age 66, and has made the maximum FICA contribution every year since age 21, an unusual scenario. The average monthly payment at the beginning of 2010 was $1,164.00. Benefits are calculated based on the number of years worked, your 35 highest income-earning years, and the age at which you retire, as well as the total amount of all benefits paid and the total number of people receiving benefits. It would be impossible for us to calculate this number for you, and also impossible to predict any changes in your income or made to government policy between now and when you retire. You can get a rough estimate of projected retirement income using the SSA benefits calculator, accessible via Sources and Related Links, below.
Yes, they are separate and unconnected programs.
You can receive it for a qualifying child.
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Generally, you cannot get widow's or widower's benefits if you remarry before age 60. But remarriage after age 60 (or age 50 if you are disabled) will not prevent you from get…ting benefit payments based on your former spouse's work record. And at age 62 or older, you may get benefits based on your new spouse's work, if those benefits would be higher.
For the year 2010, if you did not reach your full retirement age, they will deduct $1 from your benefit for every $2 earned over $14,160. If you reach full retirement in 2010,… they will deduct $1 for every $3 earned over $37,680 (earned by the month before your birthday). After your full retirement birthday, you can earn an unlimited amount any time after your birthday. See the Related Link below for full details.