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Q: Can you cash in savings bonds while on social security?
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Is there a cap on savings account while receiving social security disability benefits?

No cap. Your savings are not a factor in receiving social security benefits. After all, the government is simply returning YOUR money that you paid into your whole working life.


If a savings bond has your name on it but someone elses social security number who does it belong to?

For a while my kids received savings bonds and I didn't know their SS# so it was issued in their name and the SS# was mine so when we cash them in I will be paying the taxes and they will get the money. I don't know the legal answer and our bonds are easy since it is my child. But that might help. * It belongs to the person who is named. It is not an unusual occurrance.


Can you get social security while in a mental hospital?

While on social security disability if sentenced to a mental facility can you still collect


What is the difference between secured and unsecured bonds?

Secured bonds are those bonds on behalf of which company has pledged some kind of assets security in bank for refund of bonds while unsecured bonds are reverse of secured bonds which means these bonds don't have the security of any assets for refund.


Will social security fail?

Not till a while.


Does marriage infect social security benefits including social security disability social security income and social security associations?

If while receiving social security retirement benefits, I get married, can my wife receive thru me, and if so how much if my monthly check is, $1738.


Does georgia tax social security disability?

Some Social Security Disability beneficiaries have to pay federal income taxes on their Social Security Disability benefits, while others do not.


What is the portability of social security benefits?

The portability of social security benefits is in regards to the ability of workers to maintain social security rights while in the midst of changes. To learn more, Wikipedia has all the information about the portability of social security benefits.


How To Purchase Savings Bonds?

For many years, one of the more popular choices for gifting money to a young person has been savings bonds. People love them because they're easy to buy, can be bought in small denominations and give the child something tangible to hold on to. While savings bonds have given way to UGMAs and 529 accounts as investment vehicles of choice, savings bonds still maintain popularity. If you're in the market for savings bonds on your own, the options have changed a little over the years but the process remains simple and quick. Your easiest option may still be visiting your local bank. Most banks both small and large offer you the ability to purchase individual bonds. Go into the bank and tell them you'd like to purchase a savings bond. A representative of the bank will walk you through all the options. There are different types of bonds and each has its own rules and maturity schedule so you'll need to figure out which works best for your situation. It'll probably be helpful to have all the information for the person you're buying the bond for. That includes address and contact information as well as the recipient's social security number. If you don't want to make the trip down to your bank, you can buy your savings bonds online as well. The Treasury Department has set up a website - www.treasurydirect.gov - where you can purchase savings bonds (and other Treasury products like T-bills) directly. You can purchase your bonds in about 10 minutes. Unlike purchasing bonds at a bank, there is no paper bond issued when you purchase online. All account information and balances are maintained online at the government's website. While there are a couple more methods of purchasing savings bonds, these two methods continue to be the most used. Regardless of the way you choose to buy bonds, purchasing those remains easy and cheap. With savings bonds, you'll have a gift that a child will enjoy for years to come.


How can you use your social security while still making a good salary?

If you are 65 you can keep working while you draw Social Security. You can do it at 62, but you have to give them 1/2 of what you make.


What is the role of the social security act today?

Social Security pays retirement, disability, and survivor benefits.


Can you collect Social Security while living in a communist country?

No.