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Benefits for all retirees could be cut by twenty-six percent and continue to be reduced every year thereafter by the year 2040.

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What can a 26 year old individual in 2006 expect to receive in retirement benefits if nothing is done to change social security?

Benefits for all retirees could be cut by twenty-six percent and continue to be reduced every year thereafter by the year 2040.


If nothing is done to change social security what can a year old individual in 2006 expect to receive retirement benefits from the program?

Benefits for all retirees could be cut by twenty-six percent and continue to be reduced every year thereafter by the year 2040.


If nothing is done to change Social Security, what can a 26-year-old individual in 2006 expect to receive in retirement benefits from the program?

Benefits for all retirees could be cut by twenty-six percent and continue to be reduced every year thereafter by the year 2040.


If nothing is done to change social security what can 26 year old individual in 2006 expect to receive in retirement benefits from the program?

Benefits for all retirees could be cut by twenty-six percent and continue to be reduced every year thereafter by the year 2040.


If you receive retirement from employer vs ss do you get a stimulus of the 250.00?

The $250 payment is going to people who receive Social Security, Railroad Retirement, disabled veterans' benefits from the U.S. Department of Veterans Affairs. or SSI benefits only. Whether or not you receive retirement from an employer has nothing to do with it.


What is the proper balance Between national security and individual right?

nothing.


What states do not tax retirement pay?

There are different kinds of retirement pay. Some, such as Illinois, exempt all retirement pay from taxes. Others exempt Social Security benefits, and/or military pensions, and/or public pensions, and/or private pensions, or nothing at all. So there is no one-size-fits-all answer to your question. Instead, here is a good resource for you to explore: http://www.retirementliving.com/RLtaxes.html.


What benefits do you receive once you are retired?

That depends entirely on your retirement plan. Sometimes you'll be lucky enough to get life insurance, other times you won't. It's become the current trend for employers to offer you ways to fund your own retirement rather than offering you a retirement plan. These types of plans are generally just accounts that safely generate a return and offer nothing more than a source of income after retirement. In other words, you should consult the HR rep of your employer to find out exactly what benefits you can expect to receive.


What Social Security benefits are available for newly released prison inmates?

Nothing... you are a felon... not disabled or elderly


How does Social Security payments effect the unemployment amounts?

They don't affect each other. Florida repealed its statutes allowing unemployment compensation to be offset (reduced) by Social Security benefits. If you qualify for both unemployment and Social Security, you will receive your full check under each program.


Can an eviction notice get me approvED for disability in Florida?

No. Evictions have nothing to do with disability. A person can apply for disability benefits from Social Security if he qualifies for it.


Does Line R on a Social Security application concern disability?

"Line R" is part of a come-on used to promote Steve Sjuggerud's TrueWealth investment advisory; you won't find a specific reference to this anywhere else, unless the person is talking about Steve Sjuggerud's investment program.Line R refers to "File and Suspend," filing for Social Security retirement benefits and immediately telling the Social Security Administration to suspend the claim. This allows a spouse to receive retirement benefits while the person who filed the claim continues working.This particular "secret" only applies to married couples, and only if one spouse is full retirement age (65, if born before 1943; 66 if born between 1943-1954) and plans to continue working beyond retirement age. It provides the most advantage to a family where one spouse doesn't work, or only works part-time and earns $14,160 per year or less, and the other spouse works full-time until age 70.The non-earning (or low-earning) husband or wife can retire as early as age 62 and draw social security benefits against the working spouse's earnings record, if the working spouse is at least full retirement age. Minor children, if any, are also eligible to receive benefits.In order for this to work, the 65/66-year-old worker must file for Social Security retirement then suspend the claim (on Line R) and continue working in to earn credits toward higher future benefits (these max out at age 70). Under these circumstances, the family will receive social security payments for the non-working spouse, but nothing for the working spouse until he or she re-files for retirement a few years later.Contrary to popular belief, this is not really a "secret the government doesn't want you to know," but the bi-product of too many regulations and loopholes and too much documentation for most people to keep track of.You can learn other tips about maximizing your Social Security benefits and minimizing your taxes by reading free articles from credible sources. To get started, see Sources and Related Links, below.