No. Social Security (FICA) is paid on earned income.
No. FICA taxes (Social Security, Medicare, etc) are only paid on earned income.
Yes. The workers comp settlement is compensation for past injury and loss of earning capacity, and is a finite amount. Social Security disability is for inability to work in the present and future and may be a permanent monthly stipend.
You don't buy a social security number. You go to your local social security office and apply to receive your own personal social security number.Buying a social security number is against the law.
yes
When Social Security receives notice of the bankruptcy action, we stop all actions to:Approve or disapprove a fee agreement
yes
This will depend on how much income you lost. You may be eligable for SSD, depending on whether or not you are disabled. Consult an attorney who specializes in Social Security issues. It will not cost you anything unless you get a settlement from Social Security.
The auto insurance settlement wouldn't be taxable unless you realize a gain from it. Being on Social Security Disability doesn't exempt you from paying any taxes that may be due as a result.
If you are referring to making Social Security pay out your total account, then no it is not possible. If you are referring to a settlement from a lawsuit or a lottery winning, then yes you can still draw Social Security. However, you must be past 70 1/2 to not have it affect your current amount from Social Security. Under that age, you will be required to return one dollar of Social Security for every two dollars that the settlement paid out. In addition, you are still required to pay Federal and State taxes on the settlement amount that you receive. If this is a very large amount, consult your accountant and a lawyer to determine what your best course of action is. It might be that an annuity until you reach the "magic age" would be the best course.
No
Personal accident and social security
Private pensions must be addressed in the divorce settlement. You may be entitled to collect under your ex-spouse's social security if you meet those requirements.Private pensions must be addressed in the divorce settlement. You may be entitled to collect under your ex-spouse's social security if you meet those requirements.Private pensions must be addressed in the divorce settlement. You may be entitled to collect under your ex-spouse's social security if you meet those requirements.Private pensions must be addressed in the divorce settlement. You may be entitled to collect under your ex-spouse's social security if you meet those requirements.