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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
If my d.o.b. is 12 14 1956 when is the earliest I can retire at full retirement age?
That depends on where you live and what the retirement age is in that country
When will the tax rebate come if your social security number ends with 69?
the economic stimulous checks are mailed out (or direct deposited) according to when you filed your 2007 income tax statement. If your refund was direct deposit to your bank account - you will be among the first to receive a check. if you filed late, and requested a regular check (instead of direct deposit) you will get your check last.
A foreign national cannot obtain a US Social Security number without proof that he or she is within the US legally. The issue of the pending marriage to a permanent resident of the US, is not relevant, as marriage to an individual with such status or a US citizen does not automatically confer residency rights to the foreign spouse. In addition those persons who are found to be illegally will not be allowed to marry, be employed, etc. and will be deported to their country of origin.
Social Security was originally intended to only be a supplement to retirement, with the majority of living expenses coming from savings, investments, etc. As such, a person still working past the earliest eligibility age would need less, or offset by a portion of the employment (i.e. losing $1 for each $2 earned) until full retirement age, when you can earn as much as you want without offsets. Also consider that if you earned more, in these latter years, than your least earnings in the highest 35 years of earnings, your benefits would actually increase, on average. If you earned less now, than your lowest income is those early years, your benefit would decrease. Also, consider that they may be using this method to help extend the Social Security program for a few more years.
How do you find out how money is being taken out of your social security check for medicare?
The gross FICA tax is 15.30% of the first $110,000 of earned income. Of that common law employees (most of us, especially if you receive a W-2)pay 50% of that 15.30%, the employer pays the other 50%. So then the 7.65% left is split between the pension/disability fund, and medicare. The prior gets 6.2% and the latter 1.45%.
A few notes: That maximum of 110K only applies to the 6.2% for old age/disability. There is no limit on the medicare 1.45% If you earned 500k(taxable)your medicare tax would be $7,250!!
Politicians reduced the employees Old Age portion to 4.2%. Why you would reduce the funding source of a program already in a deep DEEP hole I don't know, but who ever said politicians do logical things in our favor. Also I THINK it has to be revisited every year or two.
Why a Rekey to Help Your Personal Security?
Rekeying is suggested when moving to a new residence or office, and is a great safekeeping solution that will keep aged tenants, prior residents and disgruntled ex-employees who may still have a copy key off your belongings. Rekeying works by manipulating upper and lower pins of a lock. When you put in a key into the lock, it pushes the pins into arrangement, enabling you to unlock the door, so a locksmith can change the lower pins with ones that fit completely along the ridges of a new key. This way, only that key will open the door, even with the existing lock still in place. It is a simple procedure that takes only minutes to do.
Why is it necessary to have a social security number before you apply for a job?
Technically it's not. It's necessary to have a social security number before you start a job, which is slightly different.
The US requires that all businesses obtain proof that their employees are actually eligible to work in the country, in the form of either a social security card or a "green card" (A US Passport can be used instead of a social security card, but it will still have the social security number on it.)
This is dependent on the type of social security benefit he is collecting. SSI cannot be attached, however the others can be.
Can someone who never worked in the us and has a valid social security number collect pension?
Possibly, if you are a citizen of a country with which the United States has a reciprocal treaty, and you qualify for benefits under the other country's guidelines.
You may also be eligible for survivors' benefits if you are the widow or widower of a qualifying US citizen.
For more information, you can speak with a Social Security representative at 1-800-772-1213 Monday through Friday, between the hours of 7:00 am and 7:00 pm.
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.
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.
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?
This is an archival or historical document and may not reflect current policies or procedures
Otto von Bismarck
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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 I become disabled I will get a check for not working
Can your ex-wife sell your collectibles and property if you don't return to collect them?
this normally is a no no but a lot depends on state law.
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.
