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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

What social system provides separate facilities for minority groups?

The social system that provided separate facilities for the minorities was called 'separate, but equal.' The Supreme Court eventually found that they were not equal.

What is your entitlement for being a MBE?

Having an MBE or other award or a knighthood does notentitle the holder to anything at all beyond having the letters MBE after one's name. It is simply an honour.

What were the major social changes of the renaissance era?

There were many things that changed during the Renaissance. Such as the art, literature, and even religion which would have never be allowed in medieval times. The Renaissance was a whole change of mind.

How are social security and the fdic still important today?

Social Security is important today because it prevents the applications in which the President can take from a Credit Card Holder. A Social Security holds one's identity and cannot be replaced.

Which was the first political party to tap into social security?

President Eisenhower was the first President to tap into Social Security, but he was the last President to pay it back.

Most all Presidents since then have tapped into the Social Security. There is really no money in Social Security, it has been subsidized and paid for by today's income earners, due to the pilfering over the years of the fund.

This fact is not a true referendum as to whether Social Security is a failure; it's our politicians that have failed us not the program, which has kept so many elderly out of poverty over the many years. I would consider that a big success.

How did social security act during the great depression effect Georgia?

by giving african amercans more money i guess im trying to to find the answer my self but this isnt a good site to look on cause any body can type anything

so byyeee have nice day

Can you collect both unemployment benefits and Social Security in Louisiana?

I believe this answer is slightly incorrect -- "Yes, you can. Under "Non monetary Issues" > "Disqualifications" item (f) on page 5 of the Related Link below, Social Security benefits are excluded from the disqualifying chargeable benefits you receive." As I understand it, people who live in Louisiana and Illinois and receive social security payments and are eligible for unemployment benefits will have money deducted from their unemployment checks. In illinois, half a person's weekly social security payment is deducted from that person's weekly unemployment check. Illinois AARP has made repealing the social security offset law a priority.

Does the Government reuse Social Security Numbers?

SSA has issued about 365 million Social Security numbers, and about 10
million new numbers are assigned each year. But even at this rate, there
will be no need to reissue the same numbers, revise the present system, or
devise a new numbering system for several generations. For this reason, SSA
plans to continue using the nine-digit number.

What are the benefits of public coporation?

ADVANTAGES

1) shares are being sold to the general public via stock exchange, therefore there is an incentive to raise capital.

2)THere is a limited liability- if business fail to pay off its debts, then debtors could not force them to sell their private possessions.

3)the load of work is being divided among the shareholders

DISADVANTAGES

1) Accounts of the business would not be kept secret. for example Accountant could know about the company's trading methodology.

2)If a company becomes too large, the chances of bankruptcy would increase because management may loose control.

What does Entitlement program mean?

An entitlement program is one in which all eligible applicants must receive all the benefits for which they are eligible; i.e., benefits cannot be reduced or denied because of budget problems, etc. An example of a non-entitlement program is subsidized housing; even if you're eligible, you will probably end up on a waiting list.

What is the importance of maslow's hierarchy of needs?

Maslow's hierarchy of needs is a reference frame for discussions or actions when dealing with or trying to influence an audience (whether one or one million). I believe you must first consider the Maslow Level the target audience or group is residing on to develop an effective strategy to influence them. This is especially important to avoid putting your own values on others. This may be people from other political groups, races, religions, or countries. I have many times in travels seen Americans living on the self actualization plane frustrated or ineffective due to failure to understand that their target audience lives on a significantly different level in the hierarchy of needs.

What are the benefits of multithreaded?

A major benefit of multi-threading in computer operating systems is that the processor and other system resources are utilized to the maximum. With single-threading, system resources may remain for periods of time.

When getting social security disability does vacation or holiday pay count as income?

Yes, vacation pay counts as income when receiving survivor benefits. It shouldn't change the social security benefits you are receiving, however.

Is social security optional?

Not really. Some religious groups have been allowed to opt out of the program, but short of that it's pretty much mandatory.

(The groups that have been allowed to opt out have a long-established tradition of providing for their own elderly, so that social security was for them effectively something they'd already been doing on their own for decades. You can't just say "it's against my religion" and get out of it.)

What is the earliest that you can draw Social Security benefits if you were born in 1952?

You can collect Social Security retirement benefits as early as age 62 in 2014, but they will only be approximately 75% of the amount you can collect at your full retirement age of 66, in 2018.

Can your mother who has never worked collect social security?

No. There really is no such thing as "unused" benefits. If a person pays FICA (Social Security and Medicare) taxes but dies before he or she can collect benefits, his or her widow or widower and minor children, or adult children disabled before age 22 (if applicable) can collect monthly checks for survivors' benefits.

Able-bodied adult children or those who became disabled after age 22 cannot collect benefits from their mother's Social Security (FICA) contributions. The unpaid amount remains in the Social Security trust fund.

Can you get ssi for lead paint poisoning?

In some cases, individuals can receive SSI for lead paint poisoning. A disability lawyer can help individuals with lead paint poisoning claims. The social security office can further help with questions.

Can you draw unemployment benefits and Social Security benefits at the same time in Missouri?

Yes you can, and only 4 state's offset your unemployment compensation by a portion of your Social Security benefits (Illinois, Louisiana, Utah, and Virginia).

YES. The two programs are different. Social Security is a Federal program that you pay into from your paycheck, as does the employer, and you are eligible to receive after you turn 62 (unless earlier due to being disabled, which is covered under a different part of the program). The longer you delay receiving Social Security the larger the monthly benefit you would get. The amount you receive depends on your age, how many 'quarters' you worked, and the amount of your earnings.

On the other hand, unemployment security, a federal/state program, administered by the state, comes from contributions paid into the program by the employer and the amount he pays in is a percentage of his payroll based on the employer's turn-over rate of employees (the lower the turn-over, the lower the percentage). This way the employer is encouraged to retain employees in order to reduce his costs. The employee, generally, receives unemployment benefits from the state's collected 'employer's unemployment contribution pool', IF he was laid off, i.e. reduction in staff, etc., or was fired without cause (not caught stealing, harassment, drugs, etc.), or other reasons not due to his own actions. Thus you can both draw Social Security while still working (as I had done) or if drawing unemployment because the reason for drawing both are different, from different government agencies, and for different causes.

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