Social security is a government program providing financial support for the elderly or disabled. Over the course of your life, you pay a certain percentage of your income to the government in the form of social security taxes. After you retire or become disabled, the government sends you monthly payments based on how much you paid in social security taxes.
If you are under full retirement age (age 65 and 4 months in 2004), then there is a limit to how much you can earn and still receive all of your social security benefits. If you are under full retirement age, the social security administration will deduct $1 from your social security benefits for every $2 you earn above $11,640.
If you are age 65 and 4 months or older, you are entitled to keep all of your social security benefits, no matter how much you earn in your part-time job.
The laws that regulate social security are very complex and confusing. It isn't always clear which benefits you are entitled to. An attorney can help you understand which social security benefits you should be receiving. A lawyer can also help you if you need to appeal a denial of social security benefits.
Last Modified: 02-27-2012 04:36 PM PSTLaw Library Disclaimer
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