Social Security

As a means of identification as well as for wage and tax reporting purposes. It may also help determine if you can validly work in that country.

Here are some details - If you are getting SS benefits and you die this month, even if it's the 31st, your next check has to be sent back to Social Security. Then, your spouse can collect money on your account. They have rules about things - like you have to have been married for ten years. Or, the spouse has to be 65 to get it. If you aren't collecting benefits your spouse has to wait until they are 65 to collect it. If you have minor children, they get a check each month until they are of legal age. If you have no spouse and your children are grown, the children get a lump sum payment which is only a few hundred dollars.

Yes, the government can garnish up to 15% of social security income. If you consolidate your loans, you can opt for an income sensitive repayment plan and possibly get a lower payment than you are paying now. I have seen payments at $0 a month. If you need help on consolidating your student loans, click on the link at he bottom of this text box.

Before I begin, bear in mind that this is an incredibly contentious issue, and a political football for both major parties.

Workers pay into the Social Security Trust Fund through a separate tax structure, and the money collected is invested in financial markets. If the Trust Fund runs a surplus from these collections (combined with interest earned from investments), the extra money can be given to the General Fund of the Treasury, in exchange for federal government bonds. Therefore, money isn't "taken out" of the Independent Trust Fund, but loaned to the Treasury. At the end of 2010, Social Security had a $2.6 trillion dollar surplus, which given current policy, will continue to grow until the year 2022. After 2022, the fund will decline until it is exhausted in 2033.

The General Fund *cannot* be "raided" by the Treasury; the Treasury can only borrow money, which it has an obligation to pay back (plus interest). Since this borrowing happens all the time, and the borrowed money is used for a variety of purposes, one party or the other will often claim that money has been "stolen" from seniors. This actually means that the Treasury is paying for something the complaining party doesn't like. Since there's always something one party thinks shouldn't be funded, and Social Security is such a potent political issue, politicians will continue to claim that funds were stolen, even though this has never happened.

In the United States, Social Security is financed through taxes taken from the employee and a percentage of the employee's wage that the employer is required to pay. That is, the employer pays the percentage in addition to that which is paid as a wage or salary to the employee.

At the start of the scheme, the percentages were rather low, and the representation to the public, in order to gain approval of the system, was that the payments would stay low and that the money would be kept in a proverbial "lock box". This led people to believe that the money would not be used for any other purpose than to pay retirement benefits that were initially promised. The stated purpose of the plan was to make sure that upon retirement, if people had not provided for themselves, they would have some minimum income.

Among the things that have happened over the years is that the government has "raided" the lock box (sometimes called a "trust fund") and replaced money with IOU's, using the funds for other purposes.

Another thing that has happened is that people are living longer and birth rate has slowed, such that more people collect than there are active employees paying into the system. That is contributing to the insolvency of the system. There is an unfairness inherent in this in that younger workers are taxed disproportionately to pay benefits to the elderly and therefore money is drained from them that might otherwise be applied toward their own ultimate retirement.

This link https://secure.ssa.gov/apps6z/FOLO/fo001.jsp will take you straight to the Social Security Office Locator. From this you will be able to select your state and locality and will be directed to the nearest office.

Minor children are only eligible for SS benefits when a parent dies. In cases such as mentioned above, once a child has been legally adopted the biological parent is no longer responsible for the financial welfare of that child.

SSA is part of the US Department of Health and Human Services.

If they are receiving benefits, yes, a soon as possible.

If you wish to receive the SS death benefit, you will need to file the appropriate forms.

If there are survivors (spouse or minor children), they may be entitled to continue receiving SS benefits.

So that you don't get nasty viruses

A person generally receives one or the other SSD or SSI benefits. A disabled adult child cannot get social security from his parent's benefits and get SSI at the same time. Also, when one person in the family gets full SSD, all other persons in the household who receive SSI receive a lowered amount of benefits.

False A+ answer

The wage base limit for social security tax withholding for 2008 is $102,000. The withholding is 6.2%, so the maximum per employee for the year is $6,324. Any amount withheld beyond that limit due to multiple employers is available as a credit against your income tax. If one employer erroneously withheld excess social security tax, that employer should make the correction.

My daughter is a hairdresser and she cut her hand today at home. Surgery is going to be on Tuesday. She is going to be out of work for 6-8 weeks. She only has medical insurance. Is there any disability insurance that she can collect under for the 6-8 weeks.

TEXAS

What happens if I marry while I am receiving social security disabilty

Born between 1943 and 1954 Full Retirement age (FRA) or Normal Retirement age (NRA) will be age 66.

Go to the SSA.gov web site Social Security Benefits ONLINE

Establishing social welfare for the elderly.

You have to call your social security office to see or you could even go on the website to see the office hours.

Yes you can use the SSB amounts that you receive each month to pay your debts and any thing else that you want to pay.

Because people need someone to connect with when no one else will listen to them. It"s called "Connectivity.

To prevent a loss of trust,

To keep reputation high,

Data Protection- Not to break the law,

Keep sensitive and private documents, (Bank details etc) secure,

So that things don't get leaked to competition.

No; the Social Security number you are first assigned is yours for life. The only thing you need is your name changed on your social security...the add your new surname