Sentences with phrase «social security benefits under»

If you would be allowed social security benefits under your spouse's name, these benefits wouldn't be valid in a state that doesn't recognize same sex marriages.

Benefits you receive from the Thrift Savings Plan will not reduce your Social Security Benefits under the WEP.

If you receive a pension or retirement benefit from work in another country, it may have an effect on your Social Security benefits under the Windfall Elimination Provision.

Not exact matches

Possible reforms could include raising the full retirement age for Social Security to 70 for workers who are currently under age 40; cutting benefits; increasing payroll taxes on workers; increasing Medicare premiums; and making Social Security benefits more progressive — meaning cutting benefits for high - income workers, while preserving payouts for low - income earners.

Even if you have never worked under Social Security, you may be able to get spouse's retirement benefits if you are at least 62 years of age and your spouse is receiving retirement or disability benefits.

The net result is a slower rate of inflation with chained CPI that keeps the inexorable rise in Social Security benefits somewhat smaller than it would be under the normal CPI.

Posted by Nick Falvo under aboriginal peoples, Balanced budgets, child benefits, Child Care, corporate income tax, CPP, debt, deficits, early learning, economic thought, federal budget, fiscal federalism, fiscal policy, homeless, housing, income distribution, income support, income tax, Indigenous people, inequality, labour market, macroeconomics, OECD, Old Age Security, poverty, privatization, public infrastructure, public services, Role of government, social policy, taxation, women.

«For each year participants defer claiming Social Security, they receive a 6 - 8 % increase in lifetime benefits, under current conditions, which can make a big difference in their quality of life in retirement.»

According to a 2011 Pew Research Center poll, more than 40 percent of people aged 18 to 30 believe they will receive no retirement income from Social Security, even though Social Security receipts are estimated to equal about 75 percent of benefits on a sustainable basis under the current regime.5

Your unmarried children who are under 18 (up to age 19 if attending elementary or secondary school full time) can be eligible to receive Social Security benefits when you die.

This planner provides detailed information about your Social Security retirement benefits under current law.

We've made a lot of promises under Social Security Medicare and the Affordable Care Act and government debt will have to be used to fund the entitlement benefits — I don't see any other way around it.

If you are 55 or under and hope to enjoy some of those benefits you have been paying into from your paychecks for the last 30 years, of which the Government has borrowed 5 trillion dollars for other spending such as defense and tax breaks for the rich, which is why the current social security system is in jeopardy, then you will be voting for Obama.

(B) his waiver of all benefits and other payments under titles II and XVIII of the Social Security Act on the basis of his wages and self - employment income as well as all such benefits and other payments to him on the basis of the wages and self - employment income of any other person, and only if the Commissioner of Social Security finds that --

Providing for benefit payments (i.e., social security and veterans benefits) and the performance of contract obligations under no - year or multi-year or other funds remaining available for those purposes;

In the 1998 reshuffle Angela was moved to the Department of Social Security, again as a Parliamentary Under - Secretary of State, where she had a number of responsibilities including Income Support, Jobseekers Allowance, Family Tax Credits and the Benefits Agency.

«Florida Republican Senate candidate Marco Rubio was pressed on Sunday on statements he made earlier that he believed Social Security benefits should be cut for Americans now under the age of 55.

Social Security Administration Pays monthly benefits to over 39 million people under the various programs it administers.

But the new campaign group is alarmed about a drift to the right in attitudes to the jobless and has seized on warnings by the government's own advisers, the social security advisory committee, to suspend plans to force single mothers with children under 12 to seek work or face benefit cuts.

This is feeding the demonisation of people on benefits Disabled people have already suffered the most under this government's cuts to social security — with the failed Work Capability Assessment for Employment and Support Allowance (ESA), the cuts to Disability Living Allowance (DLA), the closure of Remploy and the forthcoming abolition of the Independent Living Fund.

A bill to extend by 5 months (through Sept. 1982) the date by which a child must have been enrolled in a postsecondary school to be eligible for benefits under Title II of the Social Security Act and...

And the reality of comparatively low salaries and minimal retirement benefits in many school districts coupled with the fact that most teachers are not covered under Social Security has implications for stability and longevity in the teacher workforce overall.

Even if you have never worked under Social Security, you may be able to get spouse's retirement benefits if you are at least 62 years of age and your spouse is receiving retirement or disability benefits.

In fact, tens of millions of Social Security recipients get benefits under one of the SSA's other programs:

Your Social Security Statement, available through the SSA, provides an estimate of your retirement, survivor and disability benefits under current law and updates your latest reported earnings.

Under certain circumstances, special extra earnings for periods of active duty from 1957 through 2001 can also be credited to your Social Security earnings record for benefit purposes.

A disabled child might also be eligible for benefits under Supplemental Security Income, which is not a Social Security benefit, if her parents have low income and few resources.

Under current Social Security law, my benefits will not be reduced if I claim them at age 65.

In fact, a study by financial analyst William Shipman demonstrates that, if a 25 - year - old worker were able to privately invest the money he or she currently pays in Social Security taxes, the worker would receive retirement benefits three to six times higher than under Social Security.

For example, if you're married, one consideration is whether you or your spouse would gain more from taking a spousal benefit than from getting the Social Security benefit you had earned under your own name.

The good news for 2017 is that Social Security benefits will increase under the cost - of - living adjustment (COLA).

Under some circumstances, a taxpayer who receives tax - exempt interest will have a greater portion of his or her social security benefits taxed than if they received no tax - exempt interest.

Under some conditions, the federal tax rules consider Social Security benefits, including retirement and disability, as reportable income.

Certain types of income, such as Social Security benefits, unemployment benefits, some types of retirement income, and disability benefits, are safe from collection lawsuits under any circumstances.

By a qualifying child, we mean a child who is under age 16 or who receives Social Security disability benefits.

And social security or other government benefits (beyond $ 9,000 p / y) may be seized to repay government student loans, under a 1996 law upheld by the Supreme Court in 2005 But if the student loans are strictly private, not guaranteed by the government, then the lender can only use the collection options available to any creditor.

Under current and future laws, Social Security benefits are subject to federal income taxes above certain levels of combined income (see table below).

Ideally, an applicant should complete an Application for Old Age, Retirement and Survivors Benefits Under the Agreement on Social Security Between Canada and the United States when they apply for their pensions.

In addition, if you're still working it may not make sense to file for your Social Security benefit since there is a limit to the amount of money you can earn while receiving benefits if you're under your Full Retirement Age (FRA).

This planner provides detailed information about your Social Security retirement benefits under current law.

Even if they have never worked under Social Security, your spouse may be able to get benefits if they are at least 62 years of age and you are receiving or eligible for retirement or disability benefits.

If you are under 65 years old, you can qualify for no cost Part A coverage if you have received Social Security disability benefits for at least 24 months, you are getting railroad retirement disability benefits, you suffer from ALS and currently get Social Security benefits, you paid Medicare taxes and you are entitled or are receiving Social Security disability benefits for at least 24 months, or if you have serious kidney issues including end - stage renal disease, kidney dialysis, or have had a kidney transplant.

For purposes of the means test, the U.S. Bankruptcy Code defines current monthly income as including: «any amount paid by any entity other than the debtor (or in a joint case the debtor and the debtor's spouse), on a regular basis for the household expenses of the debtor or the debtor's dependents (and in a joint case the debtor's spouse if not otherwise a dependent)...» Benefits received under the Social Security Act, payments to victims of war crimes or crimes against humanity on account of their status as victims of such crimes, and payments to victims of international terrorism or domestic terrorism on account of their status as victims of such terrorism are excluded from the means test.

Specifically, seniors want to see policies that ensure Social Security benefits are well - funded and preserved under current rules.

(Source: 1985 Commissioner's Individual Disability Table A.) That's why it's important to know what disability benefits you may be entitled to under Social Security.

The Social Security Disability Insurance (SSDI) program pays benefits to qualified individuals who are under full retirement age, regardless of their income.

Note: This doesn't specifically cover the deduction of bank charges from your benefits under the Social Security Administration Act 1992 - this is an urban myth.

But the creditor must apply these tests fairly, impartially, and without discriminating against you on any of the following grounds: age, gender, marital status, race, color, religion, national origin, because you receive public income such as veterans benefits, welfare or Social Security, or because you exercise your rights under Federal credit laws such as filing a billing error notice with a creditor.

Clarifies current law's «undue hardship» exception to nondischargeability in bankruptcy as it applies to federal student loans by creating a rebuttable presumption that a debtor faces an «undue hardship» if the debtor is receiving disability benefits under the Social Security Act;

If you are under Full Retirement Age and you make more than Social Security's yearly earnings limit ($ 17,040 in 2018), Social Security will reduce your benefit.