How are retirement benefits computed by the social security administration?

Answer The American Social Security system was originally enacted in 1935 as an old-age pension system, a social insurance program funded by a payroll tax on employers and employees. In later years, the ... Read More »

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Do state retirement benefits affect Social Security disability benefits?

Receipt of state retirement benefits based on earnings for which you did not pay Social Security taxes will reduce the amount of your Social Security disability benefit. You also will encounter red... Read More »

Are both retirement benefits and Social Security Disability insurance benefits taxable?

SS retirement benefits ARE taxable - SS disability benefits MAY be taxable depending upon circumstances. See the Related Link below.

Are social security benefits considered private retirement benefits?

Social Security benefits are not considered private retirement benefits. Although both can provide a monthly monetary benefit, unlike private benefits, Social Security benefits cannot be transferre... Read More »

The Effect of Teacher's Retirement Benefits on Social Security Benefits?

Teachers in 14 states--including California, Texas, Ohio and most of Missouri--do not pay into Social Security. Their teachers' pensions will offset Social Security benefits received under their ow... Read More »