0
Social Security
U.S. OASDI social insurance system funded by FICA payroll taxes and originally created by the Social Security Act of 1935
3,984 Questions
Is the monthly social security check prorated if they die in middle of month?
Social Security benefits are paid in arrears. That is, benefits are paid on the 1st of the month AFTER the beneficiary has earned them by living the previous month. The requirement is a person must live the entire month to earn the benefit. For instance, if one dies during the month of September - even September 30th - then no benefit should be paid on October 1st.
If a beneficiary dies, you should notify the Social Security Administration immediately, as well as any other federal retirement office which pays retirement annuities. If a check is sent, don't cash it but return it. If money is directly deposited in the bank, don't spend it as it will be transferred back to the government.
You should first call (800) 772-1213 and speak with a Social Security agent for more information.
How will the bailout affect Social Security?
No effect at present. Social security trust funds are not being used in the bailout. Of course, there is an ongoing concern that the funds in social security are insufficient to meet future demands. It would be difficult to be more precise than this, because the government will be buying "troubled assets" that may have value in the future.
What does a security bouncer do?
keeps order as well as other duties including checking ID's, searching patrons, patrol of the property, etc.
You can retire whenever you want to without collecting social security benefits. The longer you wait before signing up for social security, the higher your benefits will be. You can go to the social security site and calculate what your benefits will be.
You can retire whenever you want to without collecting social security benefits. The longer you wait before signing up for social security, the higher your benefits will be. You can go to the social security site and calculate what your benefits will be.
I currently collecting unemployment and will be eligible for SS in a month. May I apply for my Social Sucurity while I am collecting unemployment?
Is Social Security considered socialism in the sense of not being Republican or Democrat?
No, Social Security is an insurance plan paid into by workers in order to receive payments when they no longer work due to retirement or disability.
Republicans and Democrats are the largest political parties in the US. that support people running for office. There are other political parties in the US. such as the Independents, Labor Party, Green Party, and many other including the Socialist Party.
Is it true the Social Security program is very secure and continues to grow at a constant rate?
No, the social security program is not secure and it does not continue to grow at a constant rate.
Yes. Although you must report any earnings you receive while getting unemployment benefits, the Related Link below says you do not have to report the Social Security benefits, meaning it does not affect your unemployment.
What is deducted from social security checks at age 62?
I am 62 and working, does Social Security Tax still come out of pay check
When was the social security act added to us culture?
Social Security was introduced in the United States during the presidency of Franklin Delano Roosevelt. The Social Security Act was signed into law in 1935, during FDR's first term in office and remains in effect today, albeit amended.
Is the Social Security Administration funding twenty four million dollars?
This is from an e-mail hoax originating about December 2009 indicating that the SSA was funding a new electronic medical records system for congress.
False. The money is going to speed processing of applications for disability benefits. Furthermore, the money is coming from the stimulus bill and not from "withholding cost of living increases."
If you change your social security number will it start your credit score over?
That is a nice idea, but not possible. You are assigned one number and that is it. Your credit score is up to you: pay your bills, straighten out your affairs and don't make the same mistakes.
If mother is deceased and father is on death bed who gets his social security?
If the father has any children under 18 years old, they do.
Social security benefits are based on your income, adjusted to represent current value; however, there are minimum and maximum benefit levels.
What is the maxium benefit payment for SSI Disablity?
SSI (supplemental security income) program for low income people to help with the necessary living expense and SSI is not a part of the social security benefit insurance program.
The federal payment amount in 2010 per month for an individual is $674 and some states do add to this amount.
Go to the SSA gov website and use the search box for Monthly federal SSI payment (maximum)
Why do they call social security an entitlement when you pay into it?
They do call it an entitlement but shouldn't. We the people have payed into it, for in some cases decades. We in reality have entered into a contract with the Government. Then they tap into the fund and have the gall to call it an entitlement, to justify changing the rules and making the age requirement higher. Another example of Government robbing the working person..
Does flipping houses effect social security payments?
No. Social security payments are based entirely on wages earned.
Does Italy tax US Social Security?
Yes they do.
ARTICLE 18
Pensions, Etc.
1. Subject to the provisions of paragraph 2 of Article 19
(Government Service), pensions and other similar remuneration
beneficially derived by a resident of a Contracting State in
consideration of past employment shall be taxable only in that
State.
2. Payments made by a Contracting State under provisions of
the social security or similar legislation of that State to a
resident of the other Contracting State shall be taxable only in
the other State.
Where is the head office of Enterprise Security Management located?
There are many Enterprise Security Management organizations and offices in the United States. The head office of Enterprise Security and Risk Management is in the state of New Carolina.
Where can one find one's Social Security statements online?
Social security statements can be found online from many different sources. The most reliable source is the official government website SSA, which allows one to look up their social security statement.
What is earnings limit for social security for 2014?
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.
What age is the earliest you can retire and not pay any tax penalties?
59 1/2, or in certain cases 55
You can retire at any age if you have the mans.
You cannot start drawing social security or withdraw from from qualified retirement accounts without penalty at any age.
However, you can start taking withdrawals from a qualified retirement account at any time without penalties...under many circumstances....and as long as the distribution are to be continued equally over your lifetime without stopping. (Not a one time withdrawal).
Can an illegal alien get a Social Security number if they graduated from high school in the US?
The United States Code [42 U.S.C. § 405(c)(2)(B)] defines the groups of people to whom social security numbers are to be assigned. High school graduates are not one of the groups.
Illegal aliens may obtain an Individual Taxpayer Identification Number. ITINs are issued regardless of immigration status because both resident and nonresident aliens may have U.S. tax return and payment responsibilities under the Internal Revenue Code.
