Issue 26.12
RETIREMENT
Question:
I just started my first job and my paycheck is less than I expected. Why am I paying for retirement benefits when I have a lifetime to live before retirement?
Answer:
Besides being required by law, you are securing your own financial future through the payment of Social Security and Medicare taxes. The taxes you pay now translate to a lifetime of protection, whether you retire or become disabled. And when you die, your family (or future family) may be able to receive survivors benefits based on your work as well. Aside from all the benefits in your own future, your Social Security and Medicare payments also help today’s retirees. To learn more, visit our website at www.socialsecurity.gov.
Question:
My father receives Social Security retirement benefits, and I will be in charge of his estate when he dies. Should that occur, do I need to report his death to Social Security or will benefits automatically stop?
Answer:
When your father dies, please notify Social Security as soon as possible by calling us at 1-800-772-1213 (TTY 1-800-325-0778). Another person, such as a spouse, may be eligible for survivors benefits based on his record. Also, we might be able to pay a one-time payment of $255 to help with funeral expenses. We suggest reading a copy of our online publication, How Social Security Can Help You When A Family Member Dies, at www.socialsecurity.gov/pubs/10008.html.
DISABILITY
Question:
I have been getting Social Security disability benefits for many years. I’m about to hit my full retirement age. What will happen to my disability benefits?
Answer:
When you reach “full retirement age” we will switch you from disability to retirement benefits. But you won’t even notice the change because your benefit amount will stay the same. It’s just that when you reach retirement age, we consider you to be a “retiree” and not a disability beneficiary. To learn more, visit our website at www.socialsecurity.gov.
SUPPLEMENTAL SECURITY INCOME
Question:
My 15-year-old sister has been blind since birth. I think she should apply for Supplemental Security Income (SSI), but my parents think because she’s a minor, they’re responsible for her and she won’t qualify. Who is right?
Answer:
To qualify for SSI, an individual must meet certain income and resource limits. Since your sister is a minor, some of your parents’ income and resources will determine whether your sister is eligible for SSI. Once your sister turns 18, their income and resources won’t be considered when deciding her eligibility and payment amount. Tell your parents they can check at any Social Security office to see if your sister qualifies. To learn more, visit our website at www.socialsecurity.gov or call us at 1-800-772-1213 (TTY 1-800-325-0778).