answersLogoWhite

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

Why should a retired grandparent not cosigh a student loan?

Grandparents might not cosign a loan because they might not trust a grandchild or the grandparents might not think they will have the income. Sometimes grandparents simply do not like to cosign loans. Ask the grandparents. Most grandparents will give an explanation.

Can you get social security disability if you have Attention deficit disorder or Attention Deficit hyper disorde if you are unable to maintain a job for 6 months to a year?

I often hear that children with ADHD get disability, but I would imagine there are other things going on besides ADHD in order to get disability. People with ADHD can be extremely productive, energetic, creative. and get a lot of things done. They often can run circles around other people in terms of getting work done, so some employers love them. It depends on what type of job you can get and the environment. For example, people with ADHD work well with computers because it is hands-on so they make great software analysts, web designers, etc. Anything they can do with their hands - art, construction, cooking, writing, making things are all good choices, or physical work like farming, moving, construction, etc. So, it is unlikely that someone with pure ADHD with no other condition could get disability. In addition, the judge would want to know why that person was not medicated which makes ADHD symptoms quite manageable. If you are working and have not been able to keep your job for 6 months, reconsider the type of job you are doing and/or the environment in which you are working. Are there lots of distractions and lots of interruptions, chaos ? If so, maybe you could chose a different job or environment. Also, if the medicine you are on is not helping your symptoms you can change medicines or you may want to consider re-checking your diagnosis. There are other conditions that symptoms are similar but they are not ADHD.

What are the benefits of performing security assessments?

Performing security assessments offers several benefits. They help identify vulnerabilities before attackers can exploit them, ensure compliance with industry regulations, and improve overall resilience against cyber threats. Security assessments also build trust with clients, reduce the risk of costly breaches, and guide organizations in prioritizing the right security investments.

Can an older person who is living off Social Security and retirement income co-sign a car loan?

Some lenders might be willing to accept the person. However, many will not, simply because it is a very bad idea for a person on a fixed and perhaps limited income to take on extra financial responsibility. The other reason would be that if legal action such as a lawsuit became necessary for the lender collecting from the cosigner in such circumstances would be difficult.

In what year did Germany establish the social security law?

Germany became the first nation in the world to adopt an old-age social insurance program in 1889.
This is an archival or historical document and may not reflect current policies or procedures
Otto von Bismarck
Click on the below Related Link

Can ex-husband prevent a former wife of 29 years from claiming benefits from his social security benefits?

Absolutely not. Individuals do not have that degree of authority. Social Security is governed by law. See related link.

Absolutely not. Individuals do not have that degree of authority. Social Security is governed by law. See related link.

Absolutely not. Individuals do not have that degree of authority. Social Security is governed by law. See related link.

Absolutely not. Individuals do not have that degree of authority. Social Security is governed by law. See related link.

Can you work if you don't have a Social Security number but are in the process of getting one?

There is no requirement to have or use a social security number to live or work in the United States. The Social Security Administration will admit this to you IN WRITING if you write them via snail mail, or email them at http://www.ssa.gov The number IS required for EMPLOYMENT, but that is a term SPECIFICALLY DEFINED in Title 26, the Internal Revenue Codes. Working a regular job in the private sector in any of the now 50 united States doesn't constitute "employment" as defined in the revenue codes UNLESS THE WORKER VOLUNTARILY CHOOSES TO PARTICIPATE IN SOCIAL SECURITY. Employers are REQUIRED TO ASK for the SSN, but the worker is NOT REQUIRED TO PROVIDE ONE, unless he chooses to participate/pay into Social Security. Participation in Social Security would run afoul of the Constitution in the event that it was, by law, OTHER than 100% voluntary. Coercing people into "volunteering" is a wall of ignorance, fear, and corporate policy, but NOT any law.

If you retire at age 64 how mch can you earn while working and still collect Social Security and do you have to pay your own Medicare payment?

You pay for Medicare through your social security. They take a deduction out of your payment. Your full retirement age depends on when you were born. For example if you were born in 1955 you can get benefits at 62, but you would only receive 741.00 out of 1,000 you would be eligible for if you had waited until 67. This equals a 25% reduction in lifetime benefits. You also have to consider if you ave a pension. 401K, mortgage, savings impact when you should retire. The social security website has a retirement planning page I suggest you visit.

What is the maximum 2004 social security withholding?

For the year 2004 the maximum earnings subject to the 6.2% social security tax was 87,900. For the year 2004 the amount was 5449.80 maximum contribution amount to the OASDI program social security benefit program.

What does retirement with full benefits mean?

Retirement with full benefits typically refers to a situation where an individual can retire and receive the maximum pension, Social Security, or other retirement benefits they are entitled to, without any reductions. This often occurs when the retiree meets specific criteria, such as reaching a certain age or completing a required number of years of service. Full benefits ensure financial stability during retirement, allowing individuals to maintain their standard of living.

What is a social security number in the uk?

Usually it is a "National Insurance Number" or NIN, which is in fact made up of letters and numbers. Google National Insurance Number if you need more info.

Is social security considered retirement?

Your question is confusing. Are you asking about receiving monthly Social Security checks?

Or are you asking about Social Security Disability payments.

They are two different types of Social Security Benefits.

What is gross social security?

The gross social security benefits that you receive before any deduction for insurance or other deductions that are withheld from your gross benefits before your net amount is reported in the Box 5 of the SSA-1099 for the year.

Gross monthly amount 800 less insurance 100 net amount 700.

What does the Social Security Administration do?

It administers the social welfare system within the US. It controls Social Security

What is common to all definitions of social work?

Common to all definitions is the focus on both the individual and the environment, distinguishing it from other helping professions.

Understanding Your Taxable Social Security Benefits?

These days, there are many elderly people who depend on social security as a main source of income. For some people, social security benefits are their only form of income. If this is your case, then you will not be required to pay taxes on your social security benefits. Social security benefits that are the only source of income for an individual do not need to be taxed. However, if your modified adjusted gross income exceeds the limit set forth by the IRS, then your social security benefits will be taxed. For a single person, the income amount is set at $25,000.

In GA can an ex receive child support from the ex spouse's social security insurance?

Child support is an obligation, social security is a source of income. They really have nothing to do with one another. If you are asking if she can garnish your social security, the answer is yes.

Section 459 of the Act (42 U.S.C. 659) allows Social Security benefits to be garnished to enforce child support and/or alimony obligations;