The Social Security Administration averages your income for your 35 highest earning years.
Not if you are already receiving Social Security. If you are still in your earning years, your ultimate benefits my reduce as they take the average of your last 40 quarters of earned income (which does not include unemployment benefits) to determine the benefits you receive.
To qualify for Social Security benefits, you typically need to have earned 40 credits. You can earn a maximum of 4 credits per year, and each credit generally corresponds to earning a certain amount of income (which changes annually). Therefore, it would generally take about 10 years of work, or 40 quarters, to qualify for Social Security benefits.
No. Social Security benefits are calculated based on your 35 best income-earning years, and are unique to the individual. You can estimate your retirement benefits using one of Social Security's online calculators, or request that they mail you a statement with your projected benefits. For more information, see Sources and Related Links, below.
No. Social Security does not pay prisoners.
Social Security has been in trouble for years and years, I will never see my money, this I know.
Yes the limit is 45yrs old.
The person is on social security benefits at this time and has been since ten years ago.
Social Security Retirement Age is sixty two years of age
Social Security numbers were first issued by the Social Security Administration in November 1935, more than 2400 years after Pythagoras died.
No, but if you are not on Social Security disability, you must be at least 65 years old to enroll.
Every two years