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Do you still have Social Security deducted from your check if working and collecting Social Security?
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.
Yes. You are eligible to draw retirement benefits against a living ex-spouse's work record if you are at least 62 years old, were married 10 years or more, are not currently m…arried, and your ex-spouse is entitled to receive benefits. If you ex-spouse is not entitled to receive benefits, you may still be able to entitled to compensation if, in addition to the requirements mentioned above, your ex-spouse is at least 62 years old and you have been divorced for two or more consecutive years.
Do you have to contribute to Social Security if you collect Social Security benefits and work full time?
Yes as long as you are still living and have any type of earned income you are required to contribute your social security and medicare taxes on the income that you work for.
Possibly. Under certain circumstances, you may qualify for Social Security disability benefits under a spouse's or ex-spouse's (if married at least 10 years) work record, or u…nder a parent's work record if you became disabled before age 22. If you are not eligible for Social Security Disability Insurance (SSDI), you may be able to receive Supplemental Security Income (SSI) benefits, a form of welfare that doesn't require you to have a work history. You may also qualify for other state and federal assistance. For more information, contact the Social Security Administration at 1-800-772-1213 Monday through Friday, between the hours of 7:00 am and 7:00 pm EST.
Yes. You pay FICA at the same rate as before you retired.
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.
Yes, however if you begin drawing retirement benefits at age 62 you would only receive approximately 75% of the amount you would be entitled to by waiting until full retiremen…t age to file (66). Also, if you are earning more than $14,160 per year, your benefits will be temporarily reduced by $1.00 for every $2.00 you earn over the limit. If you earn enough income, filing early can become a zero-sum game. You can request a statement from Social Security to help determine whether drawing early benefits is in your best interest, or whether you should wait for now. For more information, see Sources and Related Links, below.
Absolutely. As long as you qualify for each of them individually. Three states currently will offset your unemployment benefits by your Social Security (not the other way arou…nd) and they are Illinois, Virginia, and Utah.
Yes, under certain circumstances. If you are the spouse or ex-spouse (married at least 10 years) of a worker who has earned at least 40 social security work credits, you would… qualify for "spousal benefits" equaling 50% of your husband's or wife's retirement payment. You can only receive retirement benefits if you are at least 62 years old and your spouse has applied for his or her own benefits. The widow, widower, or ex-spouse (if married at least 10 years) of a qualifying worker may receive survivors' benefits as early as age 60 for retirement, or age 50 for disability. You may collect benefits at any age if you are caring for the decedent's minor children under age 16. If you don't qualify for regular Social Security benefits, you may be eligible to receive Supplemental Security Income (SSI) if you are at least 65 years old or disabled. SSI is means-tested assistance for people with no or low income and few assets. For more information, see Sources and Related Links, below.
Yes she can collect her own social security if she has paid into the fund during the required amount of work years.
Payment for retirement begins at 62 (at a reduced level), but payment for disability can be at any age.
Possibly. Under certain circumstances, you may qualify for Social Security disability benefits under an ex-spouse's (if married at least 10 years) work record, or under a pare…nt's work record if you became disabled before age 22. If you are not eligible for Social Security Disability Insurance (SSDI), you may be able to receive Supplemental Security Income (SSI) benefits, a form of welfare that doesn't require you to have a work history. You may also qualify for other state and federal assistance. For more information, contact the Social Security Administration at 1-800-772-1213 Monday through Friday, between the hours of 7:00 am and 7:00 pm EST.
Only under certain circumstances. A wife can collect Social Security at age 62 while the husband works only if the husband has already reached full retirement age (65 for peop…le born before 1943; 66 for those born between 1943 and 1954). The working spouse must also retire in order for the non-working spouse to draw benefits against his or her record; however, if the working spouse has already reached full retirement age, he may elect to suspend his portion of the benefit in order to continue earning delayed retirement credits. If the working spouse is below full retirement age, this option is not available. He or she must retire, reducing both spouses' benefit checks, and will only be allowed to earn a maximum of $14,160 per year until the month he or she reaches full retirement age.
You may be an independnet contractor, not an actual employee. If you are, the company/employer doe sNOT have to provide much for you plius YOU MUST pay many things, incl the …7.65% of the 15.3% FICA tax hey normally would.
For most beneficiaries, Medicare Part B for 2010 is $96.40/month (same as 2009).If you are enrolled in Medicare Part B, your premium is automatically deducted from your social… security check. For 2009, if you make less than $85,000.00 per year, $96.40 will be deducted from your social security check.