Us social security
Hi am a green card holder have lives in california for 5 years. I am considering citizenship. There are multiple factors to consider but one thing i cant seem ti find out is....
The US pays a retirement pension based on earnings average for 35 years. Does tha clock start ticking the minute you start paying us taxes? I assume so but if someone.knows it would help Thanks Lee |
Re: Us social security
Originally Posted by Leedufty
(Post 12779194)
Hi am a green card holder have lives in california for 5 years. I am considering citizenship. There are multiple factors to consider but one thing i cant seem ti find out is....
The US pays a retirement pension based on earnings average for 35 years. Does tha clock start ticking the minute you start paying us taxes? I assume so but if someone.knows it would help Thanks Lee |
Re: Us social security
Originally Posted by Nutmegger
(Post 12779223)
To be eligible for social security you must work ten years or earn forty credits, which you start accruing as soon as you start working and filing tax returns. |
Re: Us social security
Originally Posted by Rete
(Post 12779230)
As well having paid into the SS system. BTW it is not a pension. It is a retirement benefit. Many self-employed persons do not pay SS contributions.
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Re: Us social security
Does tha clock start ticking the minute you start paying us taxes? |
Re: Us social security
Originally Posted by civilservant
(Post 12779386)
Yes, so long as those 'taxes' you are paying are Social Security taxes.
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Re: Us social security
How would a self employed person not pay into SS? When I had self employment income I paid double ( as the worker and as the employer). |
Re: Us social security
Originally Posted by ddsrph
(Post 12779547)
How would a self employed person not pay into SS? When I had self employment income I paid double ( as the worker and as the employer). |
Re: Us social security
Originally Posted by ddsrph
(Post 12779547)
How would a self employed person not pay into SS? When I had self employment income I paid double ( as the worker and as the employer). |
Re: Us social security
Originally Posted by Rete
(Post 12779627)
Simple, they just don't pay. My son-in-law doesn't pay into SS and neither did my now departed former fiancee. They both figured they will work until they died. One did.
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Re: Us social security
Originally Posted by robin1234
(Post 12779321)
Not just self employed - many government workers do not pay into SS. For instance, teachers and other town, county & state employees in Massachusetts do not pay into SS. Several other states too. |
Re: Us social security
Originally Posted by ddsrph
(Post 12779637)
So they didn’t file any federal tax returns? A money saving idea but risky. Rene |
Re: Us social security
Originally Posted by Sugarmooma
(Post 12779658)
I am one of the government workers that does not pay into SS. I have what is called an alternate social security. It means I will be receiving minimum SS from the 14 years I paid into with previous jobs. It kind of sounded complicated when I first applied but now I know who is paying what I feel a bit more comfortable ( I think:fingerscrossed:)
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Re: Us social security
Originally Posted by ddsrph
(Post 12779637)
So they didn’t file any federal tax returns? A money saving idea but risky. |
Re: Us social security
Originally Posted by Rete
(Post 12779817)
They do file federal and state returns.
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