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What happens if you marry while receiving Social Security Benefits?
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 getting 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.
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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 Texas repealed the Social Security offset regulations that reduced unemployment compensation for people who were… claiming both benefits.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.
You not only can get unemployment benefits while on Social Security (provided you qualify for each separately) but you can receive SS even while you are working, under certain… conditions. Yes, you can receive both unemployment and Social Security at the same time, as long as you have qualified for both of them.
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, and in any other investment, since SSDI is simply accelerated Social Security Benefits you would be entitled to due to your work history and the fact you paid taxes durin…g your working career. The SS administration simply estimates what a disabled person would get at full retirement age had they not been disabled and pays the benefit to the disabled person when they qualify as disabled. So, the money is up to the recipient to do with as they please and has nothing to do with checking accounts or savings account or any other assets. SSI benefits, confused with SSDI, is "needs based" and IS affected by a low-income persons assets.
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 su…fficient work credits).
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,
Yes, they are separate and unconnected programs.
Yes. It has been found, however, that for some reason some states (Virginia, for example ) reduce the amount of your unemployment compensation by the amount of your SS, which …they should not because they are 2 separate and distinct programs that have no bearing on the purpose of each other. You should check with your own state for its handling of the matter.
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.
If income is earned in the year of full retirement age, the 2008 income threshold is $36,120. If income is earned prior to the year of full retirement age, the 2008 inco…me threshold is $13,560. After those thresholds are reached, social security benefits are reduced. The excess earnings reduction is $1 of Social Security benefits for every $2 of earnings over the lower threshold for people who are not yet in the year they reach full retirement age. In the year a person reaches full retirement age, the excess earnings reduction is $1 of Social Security benefits for every $3 of earnings over the higher threshold. During the month of reaching full retirement age and thereafter, beneficiaries can earn an unlimited amount without a reduction in their Social Security benefits.
You are supposed to be too disabled to work