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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
Do you need a taxpayer identification number if you already have a social security number?
They ae one and the same
If you held the account in name either solely or jointly and used the credit available you are still responsible for the debt, the error of the SSN is irrelevant.
It depends on how long he was married to his first wife. If he was married to his first wife for 10 years or more, the second wife would have to share it with the first wife, unless the divorce decree states something different.
The Medicare tax is this type of tax?
The medicare insurance tax is a part of The (OASDI) Old Age Survivor and Disability Insurance (FICA) (social security and Medicare taxes) all mean the same tax for social security benefits (SSB or SSDI). All mean the same thing.
Can you work part time in New York if collecting Social Security Disability Income?
Social Security Disability Income is a Federal program. The rules are the same for all states. This site, in the Related Link below, may be able to answer some of your questions,
yes but it all depends how well u did in drivers ed if u need to test or not
When did you first borrow against social security?
I never borrowed against Social Security, so I'd say the answer is "Never."
It is very likely given the circumstances that the person would be "judgment proof". The legal term is actual execution proof, meaning that a creditor could sue and be awarded a judgment, but the judgment could not be enforced. The vast majority of person's who are sued are execution proof. However this does not stop creditors from filing a lawsuit in the expectation that the debtor will eventually have property that is not exempt and therefore can be attached.
Should retirement be compulsory at 65 years of age?
i don't think so because some of the people at the of 65 and above cannot continue their job because maybe some of them get a serious illness
If i applied for social security four months late do i get retroactive check?
I'm in that position. I believe if this happened to you before your full retirement age (usually 66 or 67) you lose those four months you delayed in applying. One guy at social security said to put in for an earlier date but another rep said you can only do that if you're retiring at full retirement age.
Can you lose your disability benefits if you get a prosthetic leg?
If I choose to have my foot cut off will I lose my social security benefits?
yes
How much can you make on Social Security in 2010 if you are under the age of 65?
If you were born between 1943 and 1954, you will reach full retirement age at 66. In the year prior to your 66th birthday, the Annual Income Test remains at $14,160, with a benefit reduction of $1.00 for every $2.00 you earn over the limit. Your social security check will be withheld beginning in January of the next year until the entire overage is offset.
If you retire this year, special rules apply to prevent retirees from being penalized for high income earned prior to their retirement date. Nothing you earn before filing for retirement will be counted toward the limit; however, you cannot earn more than $1,180 in each of the months following retirement the first year without incurring a penalty.
In the year you reach full retirement age, you can earn $37,680 annually, but for every $3.00 over the limit, $1.00 is withheld from your benefits until the month your reach full retirement age.
The income cap is lifted completely and permanently the month you reach full retirement age.
Retirement and Earned Income Summary
Retirement year
- No penalty for income earned before retirement
- Can earn $1,180 per month for remainder of first year, if taking early retirement
- Can earn $37,680 per year until birth month if you reach full retirement age during your retirement year
- No income cap and no penalty if you have already reached full retirement age
Age 62
- Apply the first-year rule if retiring at 62
Age 63
- Apply the first-year rule if retiring at 63;
- Otherwise, $14,160 per year earned income cap
Age 64
- Apply the first-year rule if retiring at 64;
- Otherwise, $14,160 per year earned income cap
Age 65
- If born before 1943, no income limit
- If born between 1943 and 1954, apply first-year rule if retiring at 65
- Otherwise, $14,160 per year earned income cap
Age 66
- If born before 1943, no income limit
- If born between 1943 and 1954, income cap of $37,680 until birth month
- No income limit after birth month
Age 67
- If born before 1955, no income limit
- Age 67 will gradually be phased in as full retirement age for people born in 1955 or later
Age 68 and older
- No income limit
Is a spouse eligible for monetary benefits from ex spouce?
There are many elements to be considered before a spouse is granted any monetary settlement in a divorce. There is not any usual way to revisit a decree, unless you have minor children. Regarding social security, though, there is a possibility of retirement benefits based on the spouse: if you were married at least ten years, are 62 or older and did not remarry before you were 63. Check the social security site.
Are there organizations to help you apply for social security disability?
Yes, in order to qualify for Social Security Disability benefits you must have worked and paid into the program through mandatory payroll taxes for five of the last 10 years. Visit www.allsup.com to learn more about SSDI general guidelines.
How many people have a security clearance?
This question is absolutely impossible to answer. There are millions (if not billions) of people who have some sort of security clearance.
KFC offers a lot of benefits to their workers. Medical, dental, flexible spending accounts, supplemental vision, 401(K), profit sharing, and financial planning are available to employees of KFC.
What is a social security watch?
Cams or alarms set up inside your home to prevent robbers or molesters
How much money am I allowed while on Social Security at the age of 40?
There is WAY TOO MUCH information lacking in order to answer this question. Call your local office of the Social Security Administration. THey are listed in the front of the phone book in the blue government pages, or go to your nearest office. They really are very helpful.
What are the North Carolina laws on social security disability and veteran's disabilty?
State laws do not govern SSD or Veteran Disability benefits. Such benefits are protected under federal exemption laws and are not subject to attachment for creditor debt only.
Can you collect Social Security and Unemployment Benefits in North Carolina at the same time?
Yes, you can collect them both at the same time.
Can social security be borrowed from if not receiving funds yet?
You can't borrow from the Social Security Administration at any time. Whether or not a creditor will count Social Security benefits not yet claimed as available income in determining your credit worthiness is up to them. When it comes to determining your income lenders tend to use your current income like last month's income, or last year's income. They generally consider your future income to be best predicted by your past income.
What are the social security retirement benefits one should expect to receive when one retires?
Social Security benefits change per person depending on particular things that happened in their life leading up to the current time. You will need to fill out an application to apply and there are also online estimators to help you estimate the benefits you will be receiving.
