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It probably would affect GDP because people getting social security would have more money to spend so they would be able to buy more goods and services. Have a look at GDP in Wikipedia for more information.
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∙ 14y ago
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How do you pay into Social Security?
Social Security is deducted from a worker's paycheck by their employer.
If you are still working at age 66 and receiving Social Security Benefits do you still pay Social Security taxes on your work income If so do your Social Security benefits continue to increase?
Your age does not affect the requirement to pay SS taxes. Yes, as you gain additional work credit, your benefits may increase.
Can i get social security at age 56?
You can get social security at that age if you are disabled, a disabled widow, the widow of a spouse who was already collecting social security and you are not a worker. You can get social security if you are a child of a deceased parent or your grandparents are on social security and they are your sole source of care.
How does capital gains affect social security?
Capital gains are not considered wages. Therefore, they have no affect on eligibility of social security.
Does your wife's income affect your social security?
Absolutely. It affects her Social Security only.
How do draws from 401k affect Social Security benefits?
They have no affect.
What happen if you get married and you get social security not social security disability?
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.
When do They announce a social security increase?
October 15
How do American workers qualify for the benefits administered by the US Social Security Administration?
An American worker can qualify for the benefits administered by the US Social Security Administration if he's a worker who worked a 540 hours in a year and loose his jobs.
Is Social security payments received by a retired factory worker included in this year's GDP?
Answering "Is Social security payments received by a retired factory worker included in this year's GDP?"
How will mineral rights lease payments affect your social security benefits?
The amount of money an individual received from Social Security depends upon his past earnings. It is supposed to help pay for their food, rent and other needs and other earnings from other sources should not affect your social security benefits. If in doubt contact your local Social Security Office The answer to your question should be, it will not affect your social security benefits
Can you work and it not affect your wife who is on social security?
yes
