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Can an older person who is living off Social Security and retirement income co-sign a car loan?
Wiki User
∙ 12y ago
Some lenders might be willing to accept the person. However, many will not, simply because it is a very bad idea for a person on a fixed and perhaps limited income to take on extra financial responsibility. The other reason would be that if legal action such as a lawsuit became necessary for the lender collecting from the cosigner in such circumstances would be difficult.
Wiki User
∙ 12y ago
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Is social security considered income for v.a pension?
Social Security Retirement & Social Security Disability Insurance (SSDI) are. Supplemental Security Income (SSI) are not.
You have unclaimed property Will claiming it reduce your social security retirement check?
No. Social Security retirement (vs. SSI) is not based on income or assets.
What is one benefit by Social security?
Retirement income for the elderly.
What tax is paid for retirement income?
estate Social Security tax A+
Is your social security retirement income exempt for chapter 7 bankruptcy?
yes
Is social security retirement income allowed to be garnished for alimony arrears and payments?
no
What type of tax is levied on income that will will be used in retirement?
Social Security Tax
What type is tax is levied on income that will be used in retirement?
Social Security Tax
Social security was a new deal program designed to?
provide retirement income
What has the author W Robert Walton written?
W. Robert Walton has written: 'The retirement decision' -- subject(s): Old age pensions, Retirement age, Retirement income, Social security, United States 'A time to live' -- subject(s): Retirement income, Social security
Does Social Security disability income count as income for medicaid?
Social Security benefits (retirement and disability) count as income for Medicaid. However, Supplemental Security Income (SSI) does not count as income for Medicaid.
Does a union retirement fun affect Social Security Disability pay?
It is possible that some of the social security benefits could become taxable income on your income tax return.
