No. The retirement age for qualifying for SS benefits is different depending upon the year in which the person was born, the minimum age for collecting a reduced benefit is 62. Persons who have become disabled either by injury or illness may be eligible for Social Security Disability or Supplemental Security Insurance depending upon the individual's circumstances. Information about all SSA programs and procedures can be found on the website, Social Security Online, http://www.ssa.gov
No president can raid the social security fund. The President has no control over the social security fund . Only Congress can put money in or take money away from social security. No money has ever been actually set aside for social security. Money collected for social security has always been spent as quickly as it comes in. A record is kept and the fund is credited with the amounts taken in and debited for money paid out . They even add interest to the balance of fund, but no real money.
is there a limit as to how much money a person on social security can accumulate
Yes. osteoporosis can be call a disability to get Social Security money.
No, you cannot use a social security card to withdraw money. A social security card may be useful if you want to open a bank account, though, and you can withdraw money from that.
Thats where the money comes from to pay you social security.
The government taxes for most social security benefits. If you make no money, then you don't have to pay taxes for social security.
No, you can continue to collect social security until the day you pass away.
what presidents borrowed from social security ?
Yes, social security money can be claimed from a deceased father after one year.
The people will take money out you account and you will have to give the money to the person who social security number you was using
Before social security people didn't have any money for retirement. The social security administration collects money from everyone's pay check and when they retire they get it back. A person needs to have 40 quarters into the system.
Social Security has been in trouble for years and years, I will never see my money, this I know.
I had always understood it was 1957 when congress enacted the 'steal from social security' law. We owe so much money now that we can't afford to repay the Social Security account. And also: Social Security IS NOT AN ENTITLEMENT!
You can make as much money as you want if you are on Social Security. If you are younger than a specified age, your Social Security payment will be reduced by a fraction of the money you make that is greater than a set amount (one dollar for every three dollars you make over that amount). But the result is always that you have more money than you would if you were on Social Security alone.
You cannot access your social security entitlement until you are eligible to collect social security. Then the people who are working will fund your entitlement.
When you are running a $19 trillion deficit, there is no general fund. The Social Security money is gone.
The only way to access Social Security money early is to retire early, but within the restrictions of the Social Security System. If you do that, your monthly payments will be smaller than if you retired at the "normal" time or later.
Social security premiums may influence staffing because certain jobs are not required to pay social security. If one is an independent contractor and works from home, they will pay the IRS money, but not social security.
Can a student Loan garnish money, From your social security disability check when it is under $750.00
where the money where the money
None; Social Security is a Federal program.