Want this question answered?
There is no age limit on paying income taxes. It is based on your income. http://taxresolutionaries.blogspot.com
There is no universal retiring age, it varies with the country.
Requirements to file taxes is not based on age but income. If your income is below a certain amount, you do not have to file.
There is no age limit on the requirement to file and income tax return. As long as you have more income than the filing threshold, you will be required to file a return, no matter what your age.
There is no income limit once you're over the Full Retirement Age. If you are 67, you're over that limit today - Full Retirement Age for folks born between 1943 and 1954 is 66. In addition, 401(k) distributions are not considered "earnings" for the purpose of the earnings limit for Social Security benefits. Earnings counted toward the earnings limit (for those under Full Retirement Age) includes wages and self-employment income.
No, individuals over the age of 70 are generally exempt from paying Social Security or Medicare taxes (FICA taxes) on any earned income. There is no age limit for paying income taxes on investment income, though.
65
If you were born between 1943 and 1954, you will reach full retirement age at 66. In the year prior to your 66th birthday, the Annual Income Test remains at $14,160, with a benefit reduction of $1.00 for every $2.00 you earn over the limit. Your social security check will be withheld beginning in January of the next year until the entire overage is offset.If you retire this year, special rules apply to prevent retirees from being penalized for high income earned prior to their retirement date. Nothing you earn before filing for retirement will be counted toward the limit; however, you cannot earn more than $1,180 in each of the months following retirement the first year without incurring a penalty.In the year you reach full retirement age, you can earn $37,680 annually, but for every $3.00 over the limit, $1.00 is withheld from your benefits until the month your reach full retirement age.The income cap is lifted completely and permanently the month you reach full retirement age.Retirement and Earned Income SummaryRetirement yearNo penalty for income earned before retirementCan earn $1,180 per month for remainder of first year, if taking early retirementCan earn $37,680 per year until birth month if you reach full retirement age during your retirement yearNo income cap and no penalty if you have already reached full retirement ageAge 62Apply the first-year rule if retiring at 62Age 63Apply the first-year rule if retiring at 63;Otherwise, $14,160 per year earned income capAge 64Apply the first-year rule if retiring at 64;Otherwise, $14,160 per year earned income capAge 65If born before 1943, no income limitIf born between 1943 and 1954, apply first-year rule if retiring at 65Otherwise, $14,160 per year earned income capAge 66If born before 1943, no income limitIf born between 1943 and 1954, income cap of $37,680 until birth monthNo income limit after birth monthAge 67If born before 1955, no income limitAge 67 will gradually be phased in as full retirement age for people born in 1955 or laterAge 68 and olderNo income limit
There is no age limit ... someone could be 95 years old and have a tattoo.There may be a minimum age limit however, and that could vary from state to state. The tattoo parlor would have such information.
retiring at any age other than 62 [later] giving your time or space in line to someone else temporariy
There is no age limit for contributing to a traditional IRA, but contributions to a traditional IRA are no longer allowed once a person reaches the age of 70 ½. For a Roth IRA, there is no age limit for contributions as long as the individual has earned income.
no, not as long as someone is willing to publish it