Ok here is the thing I'm 16 years old and thinking of getting a job but will the income I earn effect my social security benefits that I been receiving for my father death? (I think the benefit is call SSI or something I don't know). I really need help with this so please give me a good explanation and answer. They going to cut me off of my benefit when I'm 18 anyway.
2007-12-29 10:47:02 · 9 answers · asked by .callingallcars 1 in Business & Finance ➔ Personal Finance
Your survivors benefits will not be affected as long as you earn under $12,960 per year. Over that amount the Social Security Administration will deduct $1 from your benefits for each $2 you earned above $12,960.
2007-12-29 11:04:24 · answer #1 · answered by Judy L 4 · 3⤊ 0⤋
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2016-10-08 07:42:22 · answer #2 · answered by Jorge 3 · 0⤊ 0⤋
First, I'm sorry to hear about your loss. The answer is it depends. Your earnings have to reach some level before they affect your SSI benefit. Social Security will know exactly what that amount is. They will ask for a quarterly accounting of your earnings to see if an adjustnment needs to be made. However, I think you have to earn more than several hundred dollars a month before your benefit is reduced. Just remember that once you turn 18 the benefit ends.
2007-12-29 10:58:16 · answer #3 · answered by alb_4 3 · 0⤊ 0⤋
If you are receiving survivors benefits, and still in school at the age of 16, you can go to work and it will not affect your benefits unless you make over a certain amount per year. That dollar amount, I can't tell you exactly what it is now, but a few year ago was over $12,000 per year! Anything over that has to be refunded to the SSA @ half of the amount over.
They do not cut you off at the age of 18 if you are still in high school.
Have your Mom or whoever your representative payee is call the SSA to verify the dollar amounts - I know they have changed in the last few years.
Actually - a teens income usually doesn't affect other benefits such as food stamps, etc. It is not common for a teen to make enough money to affect the benefit amount - but your better off knowing ahead of time.
2007-12-29 11:08:21 · answer #4 · answered by Dominicks Granny 4 · 0⤊ 0⤋
Social Security Survivors Benefits allow you to earn so much but the amount you can earn is set on a sliding scale so you should check with your local office to find out what the exact dollar amount would be based on what you are currently drawing. Also they will probably ask you to fill out a monthly or yearly report of your earnings.
2016-05-27 20:44:59 · answer #5 · answered by ? 3 · 0⤊ 0⤋
I scanned thru this site: http://www.ssa.gov/ww&os3.htm
I couldn't find if a 16 year old getting a job would affect his survivor benefit. You should check with Social Security. I suspect a part time job wouldn't decrease your benefits.
You should also know that as long as you are a full time student, your benefits will continue to age 22. You do have to apply for the extension past 18.
2007-12-29 11:15:35 · answer #6 · answered by bdancer222 7 · 0⤊ 1⤋
Sorry for your loss, if the check is payable to your mother I don't believe there would be a problem. Your Dad paid into S/S so there not giving you and your Mom anything that your not entitled to. I would check with S/S. Good Luck .
2007-12-29 11:12:23 · answer #7 · answered by Liz 5 · 0⤊ 1⤋
I belive so. All they do is deduck the amount you earn in your work check before they give your s.s. check to you. At least that is what I have been told from a relitve that has Social securtiy benefits.
2007-12-29 10:57:12 · answer #8 · answered by Anonymous · 0⤊ 5⤋
The real question is, how are you sixteen and receiving social security? Shouldn't that be going to your mother/guardian?
Ugh. Sometimes I just want to run away to Canada.
2007-12-29 10:52:17 · answer #9 · answered by Anonymous · 0⤊ 5⤋