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CHAPTER 2 REVIEW OF RELATED LITERATURE AND RELATED STUDIES This chapter contains excerpts from colligate rendering materials and related studies which the researcher considered to be of greatest tax in the completion of his readys. This includes the do goods of a kind earnest System division can cash in ones chips. connect Literature Foreign The social Security retirement good compensation is based on how much a psyche made during his take shapeing years. The more he earned, the more hell stop when he retire. The Social Security retirement benefit pay is also affected by the age at which a person decides to retire. He can retire as azoic as age 62, but if he retires before his skilful retirement age, his benefits will be permanently reduced, based on your age. For example, if he retires at age 62, the benefit would be most 25 percent lower than what it would be if he waited until he reaches full retirement age. The Social Security Administration provides pecuniary benefits to retired and disabled individuals to help them cover basic living expenses. Family members of Social Security receivers whitethorn also qualify for some benefits. nigh anyone in the receivers family may be eligible, including current and former family.

partner The mate of a Social Security recipient qualifies for up to half(prenominal)(prenominal)(prenominal) of the recipients benefit upon reaching the age of 62. Spouses qualify even principally if they act as a caregiver for the recipients child, as foresightful as the child is under the age of 16 or disabled. If the spouse is eligible for Social Security hers! elf from her own work history, she receives the higher of the two benefits, not both combined.  Even a divorced spouse qualifies for benefits as long as the agree was married more than 10 years. The divorced spouse who remarries no longer qualifies. Parents If a Social Security recipient dies, his parents may qualify for benefits if they are age 62 or older. The recipient must have been responsible for at least half of his parents...If you want to get a full essay, order it on our website: BestEssayCheap.com

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