In fact, you may get not a penny more back in exchange for all the taxes you paid to Social Security, grueling work week after grueling work week, year after year.
This piece dishonors the Social Security Administration staff who work hard to assure that only people with the most serious disabilities qualify for benefits, the Americans who have such serious medical problems they have no alternative but to seek disability benefits, and your readers who deserve the facts rather than a lot of hot air.
The trend got a boost in 2000 when Congress eliminated financial penalties for Social Security recipients who continue to work past 65.
The EITC is a refundable federal income tax credit targeted to low to moderate income working individuals and families since it helps offset Social Security taxes for taxpayers who work but make a limited amount of earned income during the year.
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Acting like social engineers who know what's best, legislators say that people who retire early are more likely to end up in poverty, and so, by Washington's perverse logic, they should face a ferocious tax if they take reduced Social Security benefits and continue to work.
The immigrants had bought stolen Social Security numbers to help them find work, Vondra said.
We should lift the income cap on Social Security and we should continue to work at fixing the healthcare status quo.
In this environment, AARP deserves tremendous credit for declaring its willingness last week to sit down and work out a Social Security deal.
The Federal government hires employees to work for the Social Security Administration and TSA employees who drive us crazy at the airport, but not as much so lately.
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It could be changed by a renewed surge in birth rates, for example, or a continued rise in immigration by Hispanics and Asians, most of whom are young and who will work and pay Social Security taxes for many years before the collect benefits.
To help older Americans, we will eliminate the tax on Social Security benefits, boosting the incomes of 17 million current beneficiaries who see their benefits taxed if they continue to work and earn income in addition to Social Security earnings.
Successful applicants will receive a Social Security number and will be eligible to work legally.
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Mr. BAKER: Well, the puppets don't get Social Security, but the people do that work the puppets.
Barbara Collins, a retired conference planner living in Woodside, was doing extra work to supplement her Social Security.
Self-employment tax, sometimes called SE tax, is a tax consisting of Social Security and Medicare taxes for those who work for themselves.
Of course, many IT and project managers are concerned about loss of productivity and compromised network security due to social media use on work computers.
In the early 1990s, my colleagues and I at the National Center for Policy Analysis proposed to end this anti-work bias in the Social Security system.
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In addition to the effect it would have on Social Security revenues, encouraging more teenagers to work, rather than attend (and in many cases waste their time in) college would benefit the economy in three other important ways.
They also propose a tax deduction to make work worthwhile for the 500, 000 people who currently earn less than they could get in social-security handouts, not to mention those who prefer not to work at all.
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Baby boomers who are taking early Social Security benefits (meaning before the age of 66) and still work at least part time, will see the amount they can earn without losing some of their Social Security checks frozen for 2010.
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Social Security makes assumptions based on your continuing to work at your current wage level.
In 2004, for instance, 44% of those ages 65 to 69, and 25% of those 70 to 74, reported income from work, according to the Social Security Administration.
She later got a license after she qualified for the federal program known as Deferred Action for Childhood Arrivals, which allows young illegal immigrants to stay in the U.S. and obtain work-authorization forms and Social Security cards.
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People who work just enough to qualify for Social Security benefits get very high payouts relative to their contributions.
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It is an incentive to work, or at least to report work and pay the FICA and Social Security taxes.
The reason: Work past age 70 incurs full Social Security taxes but usually doesn't add to the worker's Social Security benefits.
The class-action suit accused Zirkle Fruit Company of systematically ignoring blatantly forged work documents, even after the Social Security Administration told the company thousands of its employees' numbers were fraudulent.
Suppose you work your entire life and pay Social Security taxes week in and week out, but you earn relatively little in absolute terms and also relative to your spouse.
James Mahaney, vice president of strategic initiatives at Prudential Financial, has published research on similar, but largely overlooked, strategies that work for retirees who can collect Social Security from the earnings record of a divorced or deceased spouse.
This past weekend, I saw a story with a photo of an elderly woman sitting at a sewing machine working on prom dresses and the article went on to say that she has to work in order to supplement her Social Security.
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