There is no specific time limit for filing a claim for survivors benefits; however, it's important to start the process as soon as possible, because back benefits are only available from the date you file, not from the date of death.
For more information about Social Security Survivor Benefits, see Related Links, below.
Social Security benefits are not "means tested" - i.e., there is no limit to the amount of property or other assets you may own. Millionaires receive Social Security benefits. Are you referring instead to Supplemental Security Income?
The earnings limit for Social Security in 2014 is $15,120/yr. ($1,260/mo.)One dollar in benefits will be withheld for every $2 in earnings above the limit.
These days, there are many elderly people who depend on social security as a main source of income. For some people, social security benefits are their only form of income. If this is your case, then you will not be required to pay taxes on your social security benefits. Social security benefits that are the only source of income for an individual do not need to be taxed. However, if your modified adjusted gross income exceeds the limit set forth by the IRS, then your social security benefits will be taxed. For a single person, the income amount is set at $25,000.
Yes, you can collect Social Security and unearned income at the same time. There is no limit to the amount of unearned income (from investments, pensions, rental income, etc.) that you can receive while collecting Social Security retirement benefits. You are limited to how much earned income you can have (from wages or salary) if you are collecting Social Security before you reach your full retirement age, but there is no limit to the amount of unearned income you can have.
15500
No. Both Social Security retirement and disability benefits are tied to an individual's contributions to the fund during the course of his or her working life.* There is no means test, and no limit on household income. Your wife's income will not affect your ability to receive benefits, nor will it change the benefit amount.On the other hand, if you were born in 1943 or later and have not yet reached the full retirement age of 66, your personal earned income is restricted to $14,160 per year ($37,680 the year of your 66th birthday; no limit as of your birthday month and later), or the Social Security Administration will reduce your benefits for the next year by $1.00 for every $2.00 you earn over the limit. This can result in not receiving a Social Security check for several months, beginning in January of the following year.There is no restriction on unearned income at any time.*Spouses who were homemakers or didn't meet the required 40 credits to qualify for their own benefits may receive benefits based on the earning spouse's contributions.
$15,120
It was under the Clinton administration. It gave term limits on how much social security welfare one person could be given at one time. It in other words made a limit on how much social security one person could get.
is there a limit as to how much money a person on social security can accumulate
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16500
Your wife earnings will NOT be counted as a part of your earnings for the social security earnings test.