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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 year did the retirement age change?

The retirement age has changed multiple times in various countries over the years. In the United States, for example, the age for full Social Security benefits has gradually increased from 65 to 67, starting with changes enacted in the 1983 amendments to the Social Security Act. In many European countries, similar adjustments have been made in recent years in response to demographic shifts and economic factors. Specific years of change can vary widely depending on the country and the legislation involved.

How much can you earn and still get ssi before full retirement age at 66?

If you are under full retirement age (66 for those born between 1943 and 1954), you can earn up to $1,470 per month in 2023 before your Social Security Income (SSI) benefits are affected. For every $2 you earn above this threshold, $1 is deducted from your benefits. Once you reach full retirement age, you can earn any amount without affecting your SSI benefits.

Can one stop social security benefits and reapply for them later?

Yes, individuals can stop their Social Security benefits and reapply for them later. This is typically done through a process called "suspension," where benefits can be suspended if the individual is still within their full retirement age and wants to earn delayed retirement credits. However, once benefits are stopped, it's important to understand the implications for future benefits and to follow the proper procedures for reapplication. It's advisable to consult with the Social Security Administration or a financial advisor for personalized guidance.

Who receives help from the social security act?

The Social Security Act primarily provides assistance to retired individuals, disabled persons, and survivors of deceased workers through various benefit programs. It also supports low-income families and children through programs like Temporary Assistance for Needy Families (TANF) and Supplemental Nutrition Assistance Program (SNAP). Additionally, Medicare and Medicaid under the Act help seniors and low-income individuals access healthcare services. Overall, it aims to provide financial security and support to vulnerable populations in the United States.

Why is it wives of disabled veterans can not receive any medical benefits and their husbands can?

Wives of disabled veterans may not receive medical benefits because eligibility for those benefits typically depends on the veteran's disability rating and the specific programs available. While the Veteran's Affairs (VA) provides healthcare to veterans, spouses are generally not included unless the veteran is enrolled in certain programs or has a service-connected disability that qualifies for additional benefits. However, spouses may have access to separate programs, such as the Civilian Health and Medical Program of the Department of Veterans Affairs (CHAMPVA), if applicable. It's essential for spouses to explore available options and resources for healthcare benefits.

Can you get social security income for scoliosis and polycystic ovarian syndrome?

Yes, you may be eligible for Social Security Income (SSI) if your scoliosis and polycystic ovarian syndrome (PCOS) significantly impair your ability to work or perform daily activities. The Social Security Administration (SSA) evaluates medical conditions based on their severity and impact on functional capacity. To qualify, you would need to provide medical documentation demonstrating how these conditions affect your life. It's advisable to consult with a disability attorney or advocate to navigate the application process effectively.

How much will I receive if I retire at 62 born 1957 from S.S.?

If you retire at age 62 and were born in 1957, your Social Security benefit will be reduced because you are claiming benefits before your full retirement age (which is 67 for your birth year). The exact amount you will receive depends on your earnings history and the Social Security formula, but you can expect to receive about 70-75% of your full retirement benefit. To get a more accurate estimate, you can check your Social Security statement online or use the Social Security Administration's calculator.

Why was the Social Security Act so controversial?

The Social Security Act, enacted in 1935, was controversial for several reasons. Critics argued that it represented an overreach of federal government power, infringing on states' rights and individual freedoms. Additionally, the act's reliance on payroll taxes raised concerns about its long-term sustainability and fairness, particularly for those who did not benefit from the program. Opponents also feared it could foster dependency on government aid rather than encouraging personal responsibility and initiative.

Why do comfort objects provide a security bridge between home and school?

Comfort objects, such as stuffed animals or familiar blankets, serve as tangible reminders of home, offering emotional support and familiarity in new or stressful environments like school. They can help reduce anxiety by providing a sense of safety and stability, making it easier for children to navigate social interactions and academic challenges. These objects create a bridge between the known comforts of home and the unfamiliarity of school, fostering resilience and emotional regulation. Ultimately, they help children transition more smoothly between different settings.

What are the income limits for extra help for people on supplemental security income?

The income limits for Extra Help with Medicare prescription drug costs for individuals on Supplemental Security Income (SSI) are generally set at 135% of the federal poverty level. For 2023, this translates to an income limit of approximately $1,664 per month for individuals and $2,239 for couples. However, specific eligibility can vary based on other factors, including assets and other income sources. It's important for individuals to check the latest guidelines or consult with a benefits counselor for precise eligibility criteria.

How many house can you own when on ssi?

When receiving Supplemental Security Income (SSI), there is no specific limit on the number of houses you can own. However, the value of your assets, including real estate, cannot exceed $2,000 for individuals and $3,000 for couples to remain eligible for benefits. Additionally, your primary residence is generally excluded from this asset limit. It's important to consult with a legal expert or a benefits counselor for personalized advice.

When is full retirement age when born in 1973?

For individuals born in 1973, the full retirement age for Social Security benefits is 67 years old. This means that you can receive your full benefits without any reductions when you reach this age. If you choose to retire earlier, at age 62, your benefits will be reduced. Conversely, delaying retirement past age 67 can result in increased benefits.

What social security numbers are associated with saratoga springs ny?

Social Security Numbers (SSNs) are unique identifiers assigned to individuals in the United States and are not associated with specific locations like Saratoga Springs, NY. Each SSN is unique to a person and is used primarily for tracking earnings and benefits. If you need information about Social Security in Saratoga Springs, it would be best to contact the local Social Security Administration office.

What is Security Surcharge?

A security surcharge is an additional fee applied by airlines, hotels, or other service providers to cover the costs associated with enhanced security measures. This can include expenses for personnel, equipment, and procedures implemented to ensure the safety of passengers and property. The surcharge is often added to the base price of a ticket or service and varies based on the perceived level of risk or the specific security requirements of a given location.

Do your social security benefits after you collect full benefits if you continue to work?

Yes, you can continue to work and collect Social Security benefits after reaching full retirement age without any reduction in your benefits. Unlike before full retirement age, when earnings could affect benefit amounts, once you reach this age, your benefits are not impacted by how much you earn. However, your earnings may still be subject to income taxes depending on your total income level.

Can social security disability be garnished for restitution in the state of Virginia?

In Virginia, Social Security Disability benefits are generally protected from garnishment for most debts, including restitution. However, there are exceptions under certain circumstances, such as if the benefits are deposited into an account that exceeds a certain balance. It's advisable to consult with a legal expert or financial advisor to understand the specific implications based on individual circumstances.

How do you fix security mismatch?

To fix a security mismatch, first, conduct a thorough assessment to identify the discrepancies between the current security measures and the required standards or policies. Implement necessary updates or changes, such as patching software, updating configurations, or enhancing access controls. Additionally, ensure that all stakeholders are aware of the security protocols and provide training if needed. Finally, regularly monitor and audit the security measures to prevent future mismatches.

How much additional income can I earn on Social Security at 68 years old?

At age 68, you can earn additional income while receiving Social Security benefits, but the amount may be subject to income limits if you haven't reached your full retirement age (FRA). For 2023, if you earn more than $21,240, $1 will be deducted from your benefits for every $2 you exceed this limit. However, once you reach your FRA, there are no earnings limits, and you can earn any amount without affecting your benefits. Additionally, delaying benefits past your FRA can increase your monthly benefit amount.

Can I receive my North Carolina teachers pension and social security if I move to Ohio?

Yes, you can receive your North Carolina teachers pension and Social Security benefits if you move to Ohio. Your pension benefits from North Carolina are not affected by your relocation, and you can still qualify for Social Security if you meet the necessary requirements. However, it's important to check for any specific state tax implications or regulations related to your pension and Social Security benefits in Ohio.

What makes disabled people an example of social injustice?

Disabled people often face systemic barriers and discrimination that limit their opportunities and rights, highlighting social injustice. These barriers can include inadequate access to education, employment, healthcare, and public spaces, which perpetuates inequality. Additionally, societal attitudes and stigmas can marginalize disabled individuals, further entrenching their disadvantage. Addressing these injustices is essential for promoting equity and inclusion for all members of society.

What are the benefits of safta?

The South Asian Free Trade Area (SAFTA) promotes economic integration among South Asian countries by reducing tariffs and barriers to trade. This leads to increased trade volume, economic growth, and improved regional cooperation. Additionally, SAFTA can enhance competitiveness among member nations, fostering innovation and efficiency. By facilitating trade, it also aims to uplift the standard of living and reduce poverty in the region.

How can i see a check of mine from Social security to see my deductions?

To view your Social Security check and see your deductions, you can log into your My Social Security account on the Social Security Administration's website. If you don't have an account, you can create one using your personal information. Alternatively, you can review your Social Security statement, which is mailed to you annually, or contact the Social Security Administration directly for assistance in obtaining your payment details.

What state is 471 social security?

The Social Security number prefix 471 is associated with the state of North Dakota. This specific prefix indicates that the number was issued to individuals in that state. Social Security numbers are often used for identification and record-keeping purposes within the Social Security Administration.

What is a deemed application from ssa?

A deemed application from the Social Security Administration (SSA) refers to a situation where an individual is considered to have applied for Social Security benefits even if they haven't formally submitted an application. This typically occurs when a person is eligible for benefits, such as disability or retirement, and the SSA initiates the application process on their behalf. This can help streamline the process and ensure that eligible individuals receive benefits in a timely manner.

Can you stop having OASDI deductions when you reach retirement age?

Yes, you can stop having OASDI (Old-Age, Survivors, and Disability Insurance) deductions from your paycheck when you reach retirement age and begin receiving Social Security benefits. However, if you continue to work and earn income beyond a certain threshold, OASDI deductions may still apply. It's important to check with the Social Security Administration for specific details related to your situation and any earnings limits that may affect your benefits.

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