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What is the percentage that you pay back if drawing social security at age 62 and make 21000 annually?
Wiki User
∙ 13y ago
The SSA does not have a percentage amount that they will use to determine the amount. Do not let this discourage from earning as much as you want because of the earnings test amount because in future years your monthly benefits will be increased because of this pay back amount.
The below information is available by going to the SSA gov website SOCIAL SECURITY BENEFITS ONLINE and use the search box for earnings test amount
Wiki User
∙ 13y ago
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Do you pay social security tax when drawing social security?
yes
Can you get Medicaid without drawing social security?
You may receive Medicaid regardless of your Social Security status.
If you are drawing unemployment and drawing a Social Security check is that OK to do?
Yes. They are mutually exclusive.
You are currently drawing unemployment and will be eligible for your Social Security in July can you draw Social Security and unemployment at the same time?
Yes.
Why do we now pay more percentage into social security than before?
The percentage amount paid into social security has not changed at this time.
Will unemployment benefits be reduced if you are drawing Social Security in Alabama?
No. Alabama is not one of the 4 states that do offset unemployment with the Social Security.
What percentage of income do employees pay in social security and Medicare taxes?
Social security: 6.2%
Can you draw unemployment while drawing social security in Arizona?
Yes
Can you draw social security as well as drawing money out of your 401k?
yes
Is interest income included in earnings if at age 62 you are drawing social security?
No. Only earned income is counted against your Social Security.
Can you still draw unemployment if you start drawing Social Security in Texas?
Yes.
How much is your social security payment reduced if you continue to work?
hi my name is evny How much can I make this year if I start drawing my Social security at 62?
