What are the disadvantages of social security?
Social Security is benefits provided under the Social Security Act(1935), financed by the Social Security Tax authorized by theFederal Insurance Contributors Act (FICA) and administered by theSocial Security Administration. The term usually refers toretirement income benefits, but other benefits inc…lude SocialSecurity Disability Income Insurance Aid to Families with DependentChildren (AFDC); the Food Stamp program; Unemployment Insurance;Medicare; Medicaid; Public Assistance for the Aged, Blind andDisabled; Veterans' Compensation and Pensions; Housing Subsidiesand Public Housing; Nutritional Programs for Children; and StudentAid. (MORE)
You don't have to "sue" for Social Security in any state. You file an application. If your application is denied, you are probably ineligible, but you can appeal that denial, and some people win!
More emphasis is placed on the health of the entire society, with less material recognition to top individuals. In contrast to capitalism, socialism tends to have a higher tax rate. The higher the tax rate, the point at which people are still willing to trade off work for personal life becomes lo…wer. Regulations will often be seen as unfair by individuals affected by the regulations. This proves more true within specific industry regulation, as people will feel targeted by the regulation. These factors can retard individual ambition. Government controls can also promote the creation or expansion of black markets. Engels, Marx and Lenin assumed the human condition would naturally strive to the middle of the pile. Possibly from personal experience. Possibly a conclusion based on their times. A chicken in every pot begot a happy camper, until they grew tired of chicken. Socialism is unrealistic, not to mention that it is virtually impossible to achieve equality within modern societies. Socialism might redistribute some of the wealth of the richest members of society yet it does not eliminate poverty. Although intended to improve the living standards for all, socialism lowers the income of the richest to be nearer the income levels of the poorest. Socialism can be economically inefficient as it puts off entrepreneurs from generating wealth because they have to pay higher taxes. As socialism provides the poorest with higher levels of income via social security payments, it may deter them from working hard, if at all. Instead of working for basic needs, other non-productive pursuits may be taken instead. Socialism keeps poorer or less advantage people around who may not be the fittest. As a result, some people will act as parasites to the socialist society, taking but contributing little besides a sense of magnanimity to society, and further they are more likely to remain to breed resulting in children whom are less likely to succeed. Further, a sense of unrealistic entitlement may arise from people who receive the benefits, causing difficulties among all. Socialist governments can be more easily manipulated into giving bailouts to industries who may not spend the money on the reasons they requested it. Eg: bank bailouts where obscene amounts of money went to executive bonuses as opposed to shareholders or lower employees. Socialist governments are not immune from corruption. Socialist economies work on the premise that central planners (bureaucrats & socialist economists ) in government are in the best position to guide economic activity. These planners decide what goods and services are produced, how much to produce and who will produce and consume the various goods & services. The utopian idea behind central planning is that only the government can organize economic activity in a way that promoted the economic prosperity for the nation as a whole. Historically this has been a failure. The former "communist" nations are perfect examples of socialist failures in economics. With all that said, the clear disadvantage of socialism is that it creates markets that do not conform to supply & demand. And, it demonstrates that "predicting" in an economic sense is a risky business. Even China, a "socialist" nation, has seen that for them, a good degree of free economics has improved their society as a whole. While these policies are centrally controlled, in that what has been given, can be taken away, that would be based on political situations. It's clear that aside from free markets providing prosperity, history has shown that when a centrally controlled political situation seems to have become less oppressive, the more it does, the more the chance of political unrest. So far, the Party in China has been able to balance this out. However, the recent riots in Hong Kong are a perfect example of how leniency can lead to political unrest. (MORE)
There are many advatages of Information security. You get protection of all information. financial transactions and other sensitive material is protected. The chances of fraud and theft are minimized.
Social Security has been in trouble for years and years, I will never see my money, this I know.
Cost can be a big factor. This being the price to purchase software / getting it installed / any down time caused by software etc... Inconvience. Just think of the UAC in Vista. Some networks have software which really takes the biscuit. For example, heroin, it insists all users have a second pas…sword no less than 12 characters. You have to type in this password every time you open / print / save a document on the network. All passwords expire every 2 months. Password has to be 5 normal letters, 3 capitals, 3 symbols and 1 number. False sense of security. Alot of admins, because they have implemented some security precautions stop checking logs, and start getting too confident in the system. Some night the whole network gets taking down and then going back over the logs the admin sees clear as day, the attackers probes on the network. Had he have being more security conscious he would have being checking the logs and spotted the probbings and he would have had time to do something about it. (MORE)
Advantages = Relatively low risk stable investment (vs. bonds and stocks) that tends to earn a return greater then a checking or savings account.. Disadvantages = Not insured (like checking and savings accounts) by the FDIC (federal depository insurance co.), therefore it can technically lose all o…f its value. Also the interest rate that you earn tends to be variable, whereas most checking and savings accounts are fixed rates.. If you like this answer, you may also like the topics on my blog here: www.onemillionbucks.net (MORE)
if they have over paid you or you were collecting workers comp or some kind of retirement and did not tell them about it.
The main disadvantage today of information security is that the IT industry has been falling behind malicious users. The IT industry, currently, does not have the resources or ability to find and patch vulnerabilities before hackers find them and use them to hack customers. As computer systems only …get more and more advanced and powerful, this situation will change in either one of two ways: 1) The IT industry will completely fall behind hackers and will be in a state that will be either impossible or extremely hard to recover from. 2) The IT industry will use the technology available to their advantage to collaborate and come up with new and creative ways to find and fix vulnerabilities before hackers can exploit them. (MORE)
That, even though it all sounds good on paper, it doesn't work inreal life. People in the government get greedy and end up gettingmore power than other people. There also is free enterprise,something that let us have our own businesses. Check the link formore info.
Database security involves the methods of security for databases.The main advantage of this include protecting the system fromoutside threats. Disadvantages include possible security flaws andfrequent patch updates.
Internet Security suites are precariously system hogs. Which means that most suites use a lot of your ram and cause your CPU to work almost at its maximum. Which means when you try to do something else like watch a streamin video on youtube your computer is slow. However AVG does a great job in the …memory it uses to run. It runs very slowly. Irregularities are very uncommon and most of the time any system crashes will be caused by other programs stalling or not responding. So all in all AVG internet securiy has no major or outstanding disadvantage (MORE)
No. Once one begins receiving Social Security benefits, they are received for life, regardless of how long the person lives.
Currently, the social security retirement age is 65. However, you can get the funds out earlier if you were willing to receive less in the way of a benefit. You can check out some great calculators on the Related Link below that will show you the impact of taking the distribution early. Check o…ut the attached link. (MORE)
Advantages: . Protects your computer from: . Viruses . Trojans . Worms . Hackers . Ensures your privacy and safety Disatvantages: . None
An advantage of network security is that it will keep your computerfrom getting viruses or hacked. A disadvantage of internet securityid that the security may block websites or emails that you want toget.
No. Someone cannot receive both Social Security retirement anddisability benefits at the same time. Social Security DisabilityInsurance provides monthly benefits to individuals who are underfull retirement age (age 65 and/ or older) and who can no longerwork because of a severe disability. The impai…rment must beexpected to last for more than 12 months. (MORE)
The initial setup of a wireless connection infrastructure thatimplements security is not complicated as that of wiredconnections. The disadvantage of wireless security is that most ofthe encryption methods are common and have weaknesses.
In normal scenarios if you are born in the US they would apply for you when you were born, if you are into US by for some work then you have to apply by yourself in the Social Security Office.
Once you reach retirement age, your Social Security Disability benefits convert to regular retirement benefits, payable at the same rate. You cannot collect an additional amount due to disability. It is possible that you could qualify for the SSI supplemental security income, which is based on di…sability and income, in addition to your month Social Security benefit, but this is a different program and is not administered by the SSA. The amount of SSI paid is adjusted monthly based on what the person was able to earn in that month. (MORE)
If you legally change your name, you should inform your employer and SS ASAP. This will make sure your withholdings and SS benefits are not interrupted.
Conservatives and libertarians feel people should be responsible for their own retirement. They also think a private, market-based system would produce much higher returns.
not if they do not have citizenship or possibly have a higher chance of it if they are applying for citizenship.
The Social Security Act is known as SSA; those are also the initials for the agency that administers it, the Social Security Administration.
The problem that many people see is that as the Baby Boom generation retires, social security costs are going to become so high that the system may not be adequately funded by the payments made by the existing work force. .
The Social Security Act (1935) provided for: a pension for retired and disabled workers ("Social Security"); Aid to Dependent Children (ADC, later Aid to Families with Dependent Children, AFDC, still later Temporary Assistance for Needy Families, TANF); Aid to the Aged, Blind and Disabled; and unemp…loyment insurance benefits. (MORE)
Network security usually is not that simple to implement and support especially on industrial level. Also it costs a lot of money to have proper equipment.
Usually it is a "National Insurance Number" or NIN, which is in fact made up of letters and numbers. Google National Insurance Number if you need more info.
If you are an employee and you have an employer you will NOT have any amounts withheld out of your net take home paycheck. You NEVER do have any deductions for federal taxes or other items from your net take home paycheck when it is issued to you. The net amount that is on the paycheck that you have… in your hand is your net pay for the pay period after all of the federal taxes and other necessary withholding amounts have been withheld from your gross earnings by your employer payroll department. You should get the information from your employer payroll department if you really need to know the correct numbers or amount that should be deducted from your gross earnings not from your paycheck. It is possible that the one that is paying you is treating you as a self employed taxpayer (independent contractor) and will be issuing you a 1099-MISC at the end of the tax year for your business operation. If that is what is going on and it is not correct then you may have to contact your local IRS for some assistance with this matter. Go to the IRS gov website and use the search box for Form SS-8 If, after reviewing the three categories of evidence, it is still unclear whether a worker is an employee or an independent contractor, Form SS-8, Determination of Worker Status for Purposes of Federal Employment Taxes and Income Tax Withholding (PDF) can be filed with the IRS. The form may be filed by either the business or the worker. The IRS will review the facts and circumstances and officially determine the worker's status. Be aware that it can take at least six months to get a determination, but a business that continually hires the same types of workers to perform particular services may want to consider filing the Form SS-8 (PDF). The information that is on the 1099-MISC is used to report the income that you received during the year using the 1040 income tax return and if the amount from the 1099-MISC is in box 7 nonemployee compensation then you are a self employed taxpayer. You will need to report that income, and any related expenses, on Form 1040, Schedule C, Profit or Loss from Business, or you may qualify to use Form 1040, Schedule C-EZ, TO determine your Net Profit from Business. You will also need to use Form 1040, Schedule SE, Self-Employment Tax to compute and report your social security and Medicare tax. For instructions and forms go to the IRS gov website and use the search box for publication 334 a very good place to start with examples Publication 463 Travel, Entertainment, Gift, and Car Expenses Use the search box at the IRS gov website for Small Business and Self-Employed Tax Center Filing Season Central is your one stop assistance center for filing your business returns. This includes Highlights of Tax Law Changes, Tax Tips, and more. 2 of the seven tax tips for starting a business enclosed below. #4 Good records will help you ensure successful operation of your new business. You may choose any record keeping system suited to your business that clearly shows your income and expenses. Except in a few cases, the law does not require any special kind of records. However, the business you are in affects the type of records you need to keep for federal tax purposes. #7. Visit the Business section of IRS gov for resources to assist entrepreneurs with starting and operating a new business. Go to the IRS gov website and use the search box for the below referenced material *Starting A Business *Operating A Business *Closing A Business *Publication 4591, Small Business Federal Tax Responsibilities (PDF 470.1K) For more detailed information go to the IRS gov website and use the search box and type Publication 583, Starting a Business and Keeping Records . The following are some of the types of records you should keep: *.Gross receipts are the income you receive from your business. You should keep supporting documents that show the amounts and sources of your gross receipts. Documents for gross receipts include the following: *. Cash register tapes *. Bank deposit slips *. Receipt books *. Invoices *. Credit card charge slips *. Forms 1099-MISC and more information is available below (MORE)
Given a universal world government, which brings an end to all wars and international conflicts, and given an efficiently managed global society with good family planning to control overpopulation, good economic plans, good environmental plans, honest and efficient government, and the support of the… general public, it would then be possible to provide social security for all, through some suitable government welfare agency. (MORE)
Because it is supposed to be a earned benefit (OASI) OLD AGE SURVIVORS INSURANCE that you and your employer have contributed amounts to from your earnings that you worked for over the past years.
Till date, 450+ million SSNs have been issued, but with just under1 billion possible number combinations, there has never been a needto recycle numbers, and the SSAhas clearly mentioned that it does"not reassign a Social Security number (SSN) after the numberholder's death." To know more about the s…ocial security benefits statement you canvisit the S ocialsecurity my account. It describes even a single bit of theinformation about the social security. (MORE)
Yes this could be possible depending on the type of social security benefits that this question is about and the reason that they would be stopped by the SSA at the age of 18. Go to the SSA gov web site and use the search box or find some contact information for your local SSA office to get the inf…ormation that you want. Your benefits will end with the payment for the month before the month in which you attain age 18. You attain age 18 on the day before your 18th birthday. You can click on the below related link. (MORE)
Advantages: They prevent unauthorized access or at least make it more difficult Disadvantages: They require resources to run, add complexity to the IT environment and require effort by those using the systems.
They are both the same thing SOCIAL SECURITY BENEFITS and you only get one check for your SSB amount each month that you qualify for.
You can do this online by going to the SSA gov web site social security online. Or you can go to the SSA office to get some face to face assistance. Click on the below Related Link
All unearned income interest, dividends, capital gains, etc. would not be used for your social security benefits amount.
I think it is the secretary of human services......but don't take my word for it...lol....I'm a total idiot so idk I hate my life FYI
Yes it is very possible that the amount of pension income could cause some of your SSB to become taxable income on your 1040 income tax return.
If you are receiving Social Security Disability and reach full retirement age, the full amount of your benefits will be transferred from SSDI to Social Security Retirement. If you are receiving Supplemental Security Income and are over the age of 62, you may be able to receive Social Security Retire…ment benefits in addition to your SSI if you have worked and paid into Social Security long enough to be eligible. (MORE)
One way is to close tax loopholes. Another possibility a flat tax with no deductions except for catastrophic events.Reducing benefits for those already receiving SSI is NOT an option for low-income receipients. That will only make them eligible for other Federal monies. Taking money from one pocket …to put it in the other does not make more money. Bring production jobs back to the U.S.Stop giving money and services to illegal aliens. Instead, help build Mexico's economy so they can be self-sufficient.Stop Medicare fraud. Deliberate fraud and multitudes of errors are a great burden.We must keep our promises to our elderly and disabled Americans. I look forward to more possible solutions, and share them with your congresspeople and the President. (MORE)
Disadvantages Of Cyber Security . 1. Improved hacker speed and ability. 2. Interconnected computers. 3. Improved viruses, malware and worms. 4. Increase in "cyberwarefare" possibly 5. More annomitty between hackers.
when you or your relatives report that something happen to you, and you're really have the disability and you can't work anymore..
Presumably the question is about U.S. Social Security taxes. Social Security taxes (commonly referred to as FICA taxes) are taken out of your earnings each time you receive a paycheck. This rule applies even if the employee is already receiving Social Security benefits. However, by continuing to wor…k, future Social Security benefits may be increased to take into account the additional earnings. (MORE)
age 62 Once you receive SSD, you do not receive your regular SS benefits. They DO NOT convert over. I have been down that road.
In this case you should notify the Social Security Office of your marriage. it might increase the amount of your social security benefit's, if your husband or wife also collect social security payments.
What disadvantage would be experienced by a person applying for their social security benefits at age 62?
When you apply for social security at the age of 62, you are notgoing to be able to get your full retirement amount. You are alsonot eligible for Medicare at this age.
You can't receive Social Security retirement benefits and Social Security Disability Insurance (SSDI) benefits at the same time. SSDI provides monthly benefits to people who are under full retirement age (age 65 or older) and who meet other requirements. Once you reach full retirement age, which is …based on the year you were born, the Social Security Administration will automatically transfer your disability benefits to retirement benefits. Your monthly benefit amount will not change as a result of this transfer. (MORE)
Email is an effective means of communication for business andpersonal use but it also has some disadvantages. . Firstly, the advantages are; . Email is effective in providing quick answers to yes and no,type questions. eg. Do you do international delivery? . Email is effective in finding the rig…ht person in anorganisation or company to answer your question. . Email is good to make appointments for busy people. . Email can distribute information quickly to many people for thetime it takes to email one person. . The disadvantages are; . Email can become timeconsuming for answering complicatedquestions and misunderstandings can arise because culturaldifferences in the interpretation of certain words. The telephone,is much better for providing detailed answers or if you feel thatthe question is not absolutely clear. . Email can compromise the security of an organisation becausesensitive information can be easily distributed accidently ordeliberately. Email should be entrusted to well trained and trustedstaff members. . Email can become impersonal or misunderstood. . The use of pronouns can lead to serious misunderstandings.Users should always try to write the full description rather thanabbreviate their sentences with pronouns. . Using business email . More and more individuals are receiving more emails than theycan digest and because it is physically more difficult to read on acomputer screen, email writing is different from other styles ofletter writing. . In business it is important that emails do not become soburdensome, that more time is spent answering email that doingwork. Emails must be prioritized, and accurate subject lineschosen. Skimming emails is common, so make sure that the majorpoint in your email is handled first. Make a decision whether it isbest to divide the email into multiple emails with differentsubject lines, because this is often easier and quickier to replyto and also because many people will read one point in the emailand totally miss another point. . Email security . Do not open an attachment or click on a link in an email fromsomeone you don't know. If the content of the email lookssuspicious, but it is from someone you know - don't open until youclarify it with the sender first. Trust your intuition or you mayend up infected with a computer virus. . Most honest people do not realize that email addresses areeasily forged. This is because the domain name system does not do aDNS check with the registrar of the domain, when email is sent. So,even if you get an email appearing to be from a bank or person youknow, if it looks suspicious, email them and if they reply to theemail, you know that they really did send the email. . The Sender Policy Framework (SPF) is an attempt to controlforged emails by editing the zone file of a domain name, but sinceonly a small number of domain name registrants enter the SPFrecords into their zone file and not all mail servers subscribe tothat policy, the policy is itself, a work in progress. Banks andhosting companies, increasingly request users to login, to sendsecure mail because they cannot be certain that an email address isnot being forged. . Lastly, never open attachments of forwarded emails that areoffered for inspiration or amusement. Among friendship groupsemails may be forwarded that seem funny. The first person in theloop may have been sent a message that they believed was fromsomeone they knew and this person becomes an innocent distributerof malware. Malware is malicious code that is designed to stealconfidential information. eg. login details to internetbanking. . Use of Mailing Lists . Email is a highly effective medium of communication but a wisecompany needs to treat the recipient like a person not a number ona mailing list. Email needs to be personal or else it is regardedas SPAM and sent off to the recycling bin or blocked by thecustomer. . SPAM is unsolicited mail. Because it is easy and inexpensive tosend email, it is also easy and inexpensive to send junk email. . Just because a person joins your mailing list does notnecessarily mean that he or she wants to be bombarded with uselessinformation or made feel as you are using the mailing list purelyfor profit. . Email can look really impressive by adopting a brochure format,but unless the pictures are there for a reason and the emailengages the reader by providing useful information, then it isbetter to send a text based email. If you need to display products,then a link inside an email to the page on your web site where theproduct is displayed is in my opinion a better option. This leadsthe person back to your web site. An email formatted like abrochure is uninviting because it resembles advertising but byproviding a link, you are giving the customer a choice to view yourproduct. This empowerment is the difference between informativeemail and advertising. Informative email is inviting, email thatresembles advertising is pushy. . Email needs to tread the line of being personal yet businesslike. It is a way of building good customer relationships. . Email used well can make people feel as though they matter. . Relationships are the key to any business and it can make for arewarding experience. . If the desire is to serve the customer, you will certainly be wellin front of your competition by responding to every email, promptlyand politely. . See Using Mailing Lists for more information Email tips . Always, greet the customer using their name and end by usingyour name. To not use a recipient's name makes the customer feel asthough you are too busy to care to address them properly. . Make sure your contact details are clearly displayed on the endof every email. Your contact details should include your full nameand company name, ABN or ACN number, your business phone number,fax number, web site address, mobile phone number, business addressand postal address. . Always ask the customer if they want to be included on a mailinglist before adding them to the mailing list. Terms like 'regards' or 'kind regards' are formal but friendly. . When sending out newsletters, make sure they are personal.Imagine that you are the recipient. Treat your customer like aperson and not a number. . Do not use subject lines like 'newletter number 42' or 'companyA weekly newsletter'. Make sure that the email title entices therecipient to read the email. Increasingly, large volumes ofinformation means that an email subject title needs to standout. . Be yourself and enjoy the instantaneous and wonderful medium ofemail. . Using Business Email Addresses . Surprisingly, large numbers of small businesses choose to usetheir ISPs email address. There are three reasons why you shouldavoid using an email address provided by your ISP or free emailaddresses like hotmail, yahoo or googlemail. . (1) Branding. Using your own domain name and email associatedwith your domain name enables you an opportunity to promote yourbusiness. You also don't have to put up with advertising beingserved up to your clients by free email accounts. . (2) Transportability. If you change ISPs you cannot take youremail address with you and it is difficult to inform everyone ofyour new email address. . (3) You are less likely to be blocked for SPAM by mail serversand mail programs because free mail accounts are often used byfraudsters and spammers. . Even if you don't have a website, a business email addressassociated with a domain name that you can register is aninexpensive investment. See Business Email Hostingfor moreinformation . (MORE)
It is my understanding that if you & your spouse are living. You can. But! If your spouse is dead. Then SSI let's you decide which check you want to draw from you cannot have both when one is gone.