I'm teacher certified in TX after retired from a previous career. If I teach in Texas, will I have to surrender all my Social Security Benefits that I've paid into all these years?
Answer if you know or let me know what to find answer please?
TX Guy
2006-07-09 07:27:37 · 3 answers · asked by txguy8800 6 in Education & Reference ➔ Teaching
Do you already have 40 credits toward social security? If so, you are fully insured by SS for retirement. When you turn 65-68 (depends upon your birth year) you will be able to draw your full social security benefit.
In addition, if you work long enough under the Texas Teacher Retirement System, you will also qualify to receive a pension from them. If you also have a pension from your previous career, and were vested in it, you should be able to draw from that source as well.
For those who don't know, Texas teachers don't contribute to Social Security, and can not draw from it when they get old enough unless they have other work that has given them enough SS credits.
2006-07-09 07:35:20 · answer #1 · answered by Mama Pastafarian 7 · 2⤊ 0⤋
By the time you get old enough to actually draw your Social Security it may not be an issue.
Why don't you put the money you spend on internet access into an interest-bearing retirement account?
2006-07-13 12:48:26 · answer #2 · answered by Anonymous · 0⤊ 1⤋
where did you get that idea from? ... i'm going to teach next yr in texas and never heard any such thing...
2006-07-09 07:34:48 · answer #3 · answered by casadienickole 3 · 0⤊ 0⤋