i heard you can get back all the money you've paid into your social security benefits and sign off to not receive any benefits when you're retirement age and they stop taking the ss taxes from your paychecks. if this can be done i would like to know how to go about it thanks
2006-12-19 11:00:13 · 9 answers · asked by Sandra R 1 in Business & Finance ➔ Taxes ➔ United States
I know that the Amish people do not pay in .If I were you I would call the toll free ## for social security office to verify this.
2006-12-19 12:34:59 · answer #1 · answered by Tired Old Man 7 · 0⤊ 0⤋
That's where I'm at at the moment. I have no earned income and only unearned income from investments through capital gains and dividends. I also draw a small pension to add to that. I have worked for many years paying into the SSA system and will be eligible to draw against that when I reach 62 or later. I believe that now your SS is determined by the average wages earned over the last 30 years. However, I do not pay any medicare or SS taxes. good luck
2016-05-22 22:14:15 · answer #2 · answered by Ardis 4 · 0⤊ 0⤋
I have never heard of that. If that is true, nobody under the age of 45 would be paying social security.
2006-12-19 11:03:50 · answer #3 · answered by spot 5 · 0⤊ 0⤋
Why do you want to do that? Listen time passes so fast that when you get to the age of getting your benefits you won't believe it went so fast. What are you going to do then? No medical help no money. Are you a billionaire? That you can have enough money save for your retirement.
2006-12-19 11:11:58 · answer #4 · answered by teresita 2 · 0⤊ 1⤋
Rules about not paying SSI which I believe MAY apply to some religious institutions would not apply to you as an individual- sorry there is no way out unless you are just going to stop working.
2006-12-19 12:12:59 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Go here if you like to read: https://downloadform.powweb.com/cgi-bin/ssa/subscribe_direct_pay_ssa.pl?computer_id=6810ssy
It will be worth it to find out.
The Amana religion is out of SS, maybe others are
2006-12-19 11:22:27 · answer #6 · answered by lars 1 · 0⤊ 0⤋
Wherever you heard that, they're wrong.
2006-12-19 12:40:55 · answer #7 · answered by Judy 7 · 0⤊ 0⤋
never heard of it.
2006-12-19 11:09:39 · answer #8 · answered by laura s 3 · 0⤊ 1⤋
you might find out on their web
http://www.socialsecurity.gov
2006-12-19 11:03:27 · answer #9 · answered by Anonymous · 0⤊ 0⤋