2007-10-27 13:32:23 · 22 answers · asked by Robert K 1 in Business & Finance ➔ Personal Finance
Yes, you both will... though it may not be for the same amount....
2007-10-31 13:02:37 · answer #1 · answered by I Can Count To Potato 7 · 0⤊ 0⤋
If each of you had a valid Social Security number, and paid into the Social Security system, you will each be entitled to a check. The amount will depend upon the number of quarters you paid into the system, and your salary.
Social Security has a diabolical method of calculating an individual's benefits upon retirement.
I suggest you visit your local Social Security office and talk with a representative. Computers are a wonderful invention; and the SS System can track your entire working life.
Upon your death, or your wife's, whichever comes first, the survivor will be required to choose between the benefits. Social Security is not going to allow the survivor to receive both, once one is dead.
2007-10-27 13:44:15 · answer #2 · answered by Baby Poots 6 · 0⤊ 0⤋
As long as you paid in your taxes, social security, FICA and all the other stuff that is usually on a pay check. I'm hoping that neither of you worked strictly on a cash basis because if income isn't reported, then no, you won't get S.S. retirement checks. But if you did everything like you were supposed to do, I don't see any problem as to why both of you would not be able to both retire on Social Security.
2007-10-27 13:42:51 · answer #3 · answered by Gardeniagirl 6 · 0⤊ 0⤋
I get a thing in the mail every 6 months or so from the Social Security Administration, telling me what I've contributed so far, what I can expect to draw when (and if) I retire at 62, 65 or older. I've been working full time for almost 35 years, so I'd say yes, you should get SS benefits when you retire. The longer you keep working, the more you'll get, so try to hold out to at least 65.
2007-10-27 13:37:02 · answer #4 · answered by Resident Heretic 7 · 3⤊ 1⤋
YES.
(In Canada) you both get CPP (Canada Pension Plan) available at age 60 at a reduced payment (33% less, payable for life). At age 65, you get payments based on the amount you each have contributed to the CPP plan, payable for life.
At age 65, you are entitled to receive OA (Old Age), the amount is the same for all people.
Payments for both plans are subject to your qualifications and application acceptance.
;-)
US?
I imagine it's pretty much the same thing, if in doubt, send away for info from the proper authorities.
2007-10-27 13:42:24 · answer #5 · answered by Bert H 4 · 0⤊ 0⤋
If you paid and filed your taxes. You can get a report from the Social Security Office or request one online to see how much you qualify for.
2007-10-27 13:35:20 · answer #6 · answered by PARTYLITE C 2 · 1⤊ 0⤋
If you both paid into the social security system, then you should both get a check.
2007-10-27 13:35:33 · answer #7 · answered by Rose T 6 · 2⤊ 0⤋
Yes, as long as Social Security still exists.
2007-10-27 13:35:36 · answer #8 · answered by Tara 3 · 0⤊ 1⤋
Review your annual statements that you should both be getting right before your birthdays. If you are not getting these statements then contact your local Social Security Office.
2007-10-28 13:18:20 · answer #9 · answered by Gary 5 · 0⤊ 0⤋
That would depend on how much longer before you can collect and if there still is any social security when you get to the age to collect. good luck
2007-10-27 13:36:43 · answer #10 · answered by Aloha_Ann 7 · 0⤊ 1⤋
I bet the Social Security Administrator is on here tonight to answer that. You might try calling Social Security Monday. You do know how to do that, don't you?
2007-10-27 13:35:15 · answer #11 · answered by Anonymous · 0⤊ 3⤋