How to become eligible for monthly social security amount?

This is for all kind of entrance exam like GATE, GRE, TOFEL, GMAT, IPCC, CSAT, CLAT, CA Final, JEE-Main, NEET-UG, IELTS, CAT etc.. WHich will help you for better career and admission outside and inside the India..
mike123
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How to become eligible for monthly social security amount?

Postby mike123 » Sun Feb 18, 2018 4:40 am

How to become eligible for monthly social security amount? What is the minimum age to get monthly social security benefit? Is US government giving any Social security to you? is it enough to live without jobs?


sachin23
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Re: How to become eligible for monthly social security amount?

Postby sachin23 » Sun Feb 18, 2018 5:18 am

While you work, you pay Social Security taxes. This tax money goes into a trust fund that pays benefits to those who are currently retired, to people with disabilities, and to the surviving spouses and children of workers who have died.

Each year you work, you’ll get credits to help you become eligible for benefits when it’s time for you to retire. Find all the benefits Social Security Administration (SSA) offers.

Code: Select all

There are four main types of benefits that the SSA offers:
- Retirement benefits
- Disability benefits
- Benefits for spouses or other survivors of a family member who's passed
- Supplemental Security Income (SSI)


https://www.usa.gov/retirement

dan1234
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Re: How to become eligible for monthly social security amount?

Postby dan1234 » Mon Feb 19, 2018 12:16 am

When work in USA when you get Paycheck they deduct money for Social Security, so when you retire they calculate how many years you work. then According to your life expectancy they divide how Much Payment you receive Monthly.

Government does not give us anything, it is our money They give us.



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