Lima, 02/02/2024, 08:14 p. m.
The United States Social Security Administration (SSA) provides benefits to 66 million retired beneficiaries, who can receive up to $4,822 per month. But upon reaching retirement age, not everyone qualifies to receive the payment.
The SSA must make 12 annual deposits to an average of 66 million retirees and survivors, as well as 8.7 million Social Security Disability Insurance (SSDI) beneficiaries.
IN WHAT CASES CAN YOU NOT RECEIVE THE SSA RETIREMENT PAYMENT?
Below, find out in which cases or circumstances you cannot receive the benefit:
Insufficient number of credits
- It is essential to have accumulated a minimum of 40 credits required by the Social Security Administration (SSA) to be able to collect the pension, which is equivalent to ten years of work. In 2024, the amount of earnings needed for 1 credit is US$1,730.
Government or railroad employees
- Workers who are part of the Civil Service Retirement System (CSRS), which is being replaced by the Federal Employees Retirement System (FERS) for those workers who first entered covered service on or after January 1, 1987.
Federal retirees have other types of insurance (Photo: Shutterstock)
Retirees living in certain countries
- The U.S. Treasury Department prohibits paying benefits to people residing in Cuba or North Korea. You can receive the withheld payments when you return to the United States. According to the Social Security Lawthose who are not US citizens will not be able to receive benefits for the months they lived in Cuba or North Korea.
Tax evaders
- Self-employed workers must file their tax return and contribute if they wish to receive Social Security benefits in retirement, and they must also have proof of all these documents when entering the system. If you don’t do it, you don’t qualify.
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2024-02-03 01:39:39
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