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What health insurance program is designed to complement the retirement survivor and disability insurance enacted under Title II of the Social Security Act?
Medicare
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Does someone on Social Security Disability have to pay taxes on an auto insurance settlement?
The auto insurance settlement wouldn't be taxable unless you realize a gain from it. Being on Social Security Disability doesn't exempt you from paying any taxes that may be d…ue as a result.
Who pays the social security taxes that are levied by federal insurance contributions act?
Half is paid by employers, the other half by employees. If you are self-employed, you get to pay both halves.
Can disabled veterans VA compensation or his social security disability insurance be divided in divorce?
VA disability compensation should NOT be included in the calculations as income for either spousal and child support. It is completely a separate property asset that is no…t divisible.
Freddie Washington
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How did the social security act try to maintain a distinction between insurance and public assistance?
Roosevelt's Economic Security Act maintained a clear demarcation between social security, which Roosevelt believed Americans would feel they had earned because they paid i…nto it, and public assistance, which he felt discouraged people from working and undercut their initiative.
Can you get married while drawing social security disability insurance?
depends if you are drawing in pen or pencil
What is the different between social security insurance and social security disability?
None. Social security benefits ((SSB) social security insurance, and social security disability are all the mean the same thing and it is possible for some the SSB to become t…axable income on your federal income tax return at your marginal tax rate.
Gouse Ashrafi Mohamed
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Which of these terms best describes a collection of programs created in 1935 that includes Old-Age Survivors Disability and Hospital Insurance?
Social Security
How long do you need to be out of work to qualify for Social Security disability insurance?
You can apply immediately after leaving the workforce, but your disability must be expected to last at least 12 months, or result in death, in order for you to be eligible to …receive Social Security Disability benefits.
Can social security disability insurance be garnished for unpaid student loans?
Yes, if it was a federally insured student loan or a federal student loan, within limits. Often what occurs is the monthly disability check will be reduced each month at an am…ount that allows one enough income for basic expenses and provide a sum for the repayment of the loan, until the loan is repaid in full.
What is the maximum amount one can receive on Social Security Disability Insurance?
The SSA does NOT have any set amounts for this purpose. You will have to get the correct numbers that you might be qualified to receive depending on your work record by goin…g to the SSA website and at the top of the page choose DISABILITY
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Programs such as Social Security Medicare and unemployment insurance are termed?
They are called Transfer Payments
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What is the difference between social security disability insurance and social security supplement insurance?
Social Security Disability Insurance (SSDI) SSDI benefits are given to people who are unable to work anymore because their disability or medical condition is expected to las…t at least one year or result in death. To be qualified, the disabled applicant must also meet the SSA's strict definition of a disability. Your medical condition must significantly limit your ability to do basic work activities such as walking or sitting for at least one year. However, further eligibility requirements to impose earnings test to ensure that the applicant meets the earning requirements. The "recent work" test is based on your age at the time you became disabled while under the "duration of work" test, you must have worked long enough under Social Security. Supplemental Security Income (SSI) Benefits under the SSI are not based on the work credits accumulated by a disabled employee - rather, it is needs-based and paid out to people who have low income and few resources. Also, SSI may be provided to the following people: • Those who are 65-years old or older • Those who are blind • Disabled individuals
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How do you qualify for social security disability insurance?
There are a few requirements for qualifying for Social Security Disability Insurance. The first, you must be insured. That generally means you must have worked and paid into t…he program (payroll taxes) for five of the last 10 years. You must also have been disabled before reaching full-retirement age (65-67). Your full retirement age varies depending on your birth date. Finally, you must meet Social Security's definition of disability.
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What is the Chip Health Insurance program?
The CHIP in CHIP Health Insurance is an acronym representative of Children's Health Insurance Program. It is a government sponsored program that covers children whose families… do not meet the requirements for Medicaid but cannot afford to purchase standard health insurance.
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Is a social security number always required to obtain health insurance?
No. Find the company you want coverage from and then see what they will do. Recent legislation prohibits Insurance Companies from using your Social Security # in your ID card…. For more info see www.SteveShorr.com