Question: I am receiv- ing Social Security retirement benefits and I recently went back to work. Do I have to pay Social Security (FICA) taxes on my income?
Answer: Yes. By law, your employer must withhold FICA taxes from your paycheck. Although you are retired, you do receive credit for those new earnings. Each year Social Security automatically credits the new earn- ings, and if your new earnings are higher than in any earlier year used to calculate your current benefit, your monthly benefit could increase. For more information, visit www.ssa.gov or call us at 1-800-772-1213 (TTY 1- 800-325-0778).
Question: My child, who gets Social Security, will be attending his last year of high school in the fall. He turns 19 in a few months. Do I need to fill out a form for his benefits to continue?
Answer: Yes. You should receive a form, SSA-1372- BK, in the mail about three months before your son’s birthday. Your son needs to complete the form and take it to his school’s office for certification. Then, you need to return page two and the certified page three to Social Security for processing. If you can’t find the form we mailed you, you can find it online at: www.ssa.gov/forms/ssa-1372.pdf.
Question: I worked for the last 10 years, and I now have my 40 credits. Does this mean that I get the maximum Social Security retirement benefit?
Answer: Probably not. The 40 credits are the minimum number you need to qualify for retirement benefits. However, we do not base your benefit amount on those credits; it’s based on your earnings over a lifetime of work. To learn more about how you earn Social Security credits and how they work, read or listen to our publication How You Earn Credits, available at www.ssa.gov/pubs.
Question: How can I get proof of my benefits to apply for a loan?
Answer: If you need proof you get Social Security benefits, Supplemental Security Income (SSI), and/or ,…
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