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Possibly, if you are a citizen of a country with which the United States has a reciprocal treaty, and you qualify for benefits under the other country's guidelines. You may …also be eligible for survivors' benefits if you are the widow or widower of a qualifying US citizen. For more information, you can speak with a Social Security representative at 1-800-772-1213 Monday through Friday, between the hours of 7:00 am and 7:00 pm.
Are teachers who receive state retirement ever able to collect Social Security My State says no. Do I have to move to one of the 14 States without state pensions I need more info.?
It depends on several factors. First of all if your entire working career has been as a teacher in one of the 14 states whose teachers do not pay into social security, then th…e answer would be that you would receive no social security benefit because you never paid any money into it. Now, lets say you work as a teacher for 15 years in a state whose teachers DO pay into social security, such as Pennsylvania. You then decide to work for 15 years as a teacher in Ohio whose teachers do NOT pay into social security. Once you retire, you would indeed get social security due to the fact you worked 15 years in PA and paid into SS. HOWEVER, you would take a hit (called the Windfall Provision) because you are also collecting money from Ohio's pension.
Well since I am not a pensioner, i really don't know! Why don't you ask someone that works at a bank?!
Yes you can and most often are entitled to both. Each makes it's own separate decisions though. One doesn't automatically make you eligible for the other. You must apply f…or each one separately. Most people consult an attorney for military disability through service groups usually that can be found with offices at major VA hospitals.
If you have 40 or more quarters that you have paid into Social Security--you are eligible for Medicare AND can collect a PORTION of your SS. There is an offset because of your… teacher pension.
Yes, you can receive both a teacher's pension and Social Security benefits without the two affecting each other. Although administered by individual states, SSA operates und…er federal statutes and regulations. Your state of residence is irrelevant under benefit guidelines. Only earned income is counted toward the $14,160 annual cap in place between the ages of 62 and the year you reach full retirement age (typically 66, at present). The earning cap increases to $37,680 in January of the year you turn 66, and is lifted completely the month of your birthday. Afterward, there is no earned-income limit. Pension checks, 401k payouts, annuities, capital gains, and other investments are not counted toward the income limit at any time.
Call 1-800-772-1213 or visit Social Security Online for answers. You should contact SSA for specific answer. Of course a teacher can collect social security from a spouse. H…OWEVER, if a teacher worked in a state whose teachers do NOT pay into Social Security (there are 14 of them), their spouse's social security will be reduced. Again, please consult your attorneys, tax advisor, and social security for detailed information and specifics. Ask about WEP (Windfall Provision) and GPO (Government Pension Offset).
Because, according to the Related Link below, under "What income counts...", if pensions do not count as earnings for Social Security, then the reverse is also logical. They a…pparently do not interfere with each other.
Yes it is very possible that the amount of pension income could cause some of your SSB to become taxable income on your 1040 income tax return.
Social Security can be collected by anyone who qualifies for it, whether unemployed, retired, or even if still working. Some states offset unemployment by SS's benefits, but t…he main question is whether teachers are even qualified to receive it. In Nevada, for instance, because teachers are paid by government, no Social Security taxes are deducted from their paycheck, so they are not eligible. They have, instead, a state pension plan to take its place.
Are Texas teachers who receive state retirement able to collect on husband's Social Security disability when they reach age 62?
no....because most teachers pay only into TRS (Teacher Retirement System) and not into SS, they will receive their TRS only...the government stopped a loop hole back in 2004 f…or receiving TRS and SS, because the government considers it double-dipping...so if a spouse paid into SS, the teacher cannot get spousal benefits from the spouse because it would be considered double dipping...there is a small chance that the teacher would be eligible for a small amount of her spouse's SS, or even her own if she worked her 40 quarters before teaching, but the amount would be subject to two penalties called the GPO and Windfall...please check your local SS office on more of these two penalties.
You can receive partial Social Security Benefits if you receive an Illinois Pension.
Yes, but if your retirement income rises above a predetermined level the payments may be reduced.