2006-12-28 11:39:18 · 4 answers · asked by florinc31 1 in Business & Finance ➔ Personal Finance
No. Go to http://www.socialsecurity.gov. Everything you need to know is plainly spelled out there.
I don't remember particulars but you need so many credits of years worked to qualify for SS. They they take the top 10 years of earning and base it on that average. If you continue to work and earn more than one of those 10 years, your monthly check will be a bigger amount.
There are also local SS offices everywhere. The SS Admin have always been very nice and very helpful in helping me in the past.
2006-12-28 11:45:39 · answer #1 · answered by towanda 7 · 0⤊ 1⤋
Your retirement income is based on the number of years/amount you and/or your employer contributed and the type of retirement plan. Social security is based on the amount paid from your salary to social security for all years worked.
2006-12-28 19:46:14 · answer #2 · answered by leslie 6 · 0⤊ 0⤋
You must pay into the system for forty quarters or 10 years to be eligible for benefits.
2006-12-28 19:51:31 · answer #3 · answered by Anonymous · 0⤊ 0⤋
you earn points for each year you worked after you reach I think it is 32 points you are vested and can collect SSDI if disabled and can collect SS benefits at a lower rate at 62 full benefits at 65 and 6 months. if you are young and become disabled they calculate it different you get SSI
2006-12-28 19:49:04 · answer #4 · answered by kissybertha 6 · 0⤊ 1⤋