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Nationwide Social Democratic Party was created in 2006.
No. Social security payments are based entirely on wages earned.
The answer is that it can not. Refer to Title 42 United States Code Sec. 407. The problem arises if the State levies on a bank account that has SSDI income deposited in the account but it is mixed with other funds. It will then probably be your burden to prove that some portion of the account levied on consists of SSDI payments. For this reason, it is important to keep a record of all SSDI payments made into the account.
Disability payments are Social Security Payments. When a person reaches full retirement age (66), the payments continue as normal, but are no longer considered disability payments. A person does not receive two payments.
Social Security payments cannot be garnished at all. Pension payments sometimes can be, depending on a number of factors. Typically mortgage lenders do not garnish wages, though, they simply foreclose on the property.
Yes AND no. Generally speaking, Social Security benefits are exempt from liens EXCEPT federal taxes. However, you will probably have to prove that ALL the money in your bank account comes from NOTHING but the SS payments.
The four largest expenditures are Defense spending, Medicare, Social Security, and Interest payments on the national debt. These account for over two thirds of the entire federal budget.
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No. You cannot "opt out" of social security.
Answering "Is Social security payments received by a retired factory worker included in this year's GDP?"
No, ALL Social Security benefits are exempt from creditor attachment. The person should take care to not commingle funds in a bank account. For SS benefits to be completely protected they should be kept in a separate account, and the bank notified of the account deposit status. Any SS or private disability benefits are mixed with other funds, the person should be aware that bank accounts are subject to garnishment and therefore all SS benefits deposited in said account should be clearly identified as such.
NO, your SS benefits would be exempt under federal law. However, avoid co-mingleing funds in the same account as your SSD benefits.