For those who have given the ultimate sacrifice for their country byhonorably serving in the military, it is important to understand how earnings from the military affect their potential Social Security benefits. Our disability law firm in Greensboro, NCexplains Social Security Benefits and Military Service.
Since 1957, military earnings have been part of the Social Security system. For most veterans, the process of receiving Social Security benefits is the same as for non-veterans. However, special benefits may be available to you if you are a veteran who served between 1940 and 2001.
THREE TIER SYSTEM
Periods of service are divided into:
- 1940 – 1956: although no Social Security taxes were withheld for veterans in this period, a credit of $160 per month may apply.
- 1957 – 1977: Social Security taxes were paid and an additional $300 per calendar quarter may be applicable.
- 1978 – 2001: a credit of $100 for each $300 in earnings, up to $1200 per year, may be added to the recipient’s base amount.
One of the disability lawyers in Greensboro, NC has also reported that no additional credits are available to veterans who served after 2001.
SOCIAL SECURITY DISABILITY BENEFITS AND SURVIVOR BENEFITS
It is important to realize that credits for military service may apply to you if you are a disability applicant, the survivor of a veteran, or a retiree. If any or all of these apply to you, a Social Security disability lawyer at a disability law firm in Greensboro, NC can explain the application procedure.
CONTACT GREENSBORO SOCIAL SECURITY DISABILITY LAWYERS FOR LEGAL ADVICE
Social Security rules are complex. Be certain you are receiving all that you deserve. Call the right disability law firm in Greensboro, NC by contacting Bridgman Law Offices at (704) 815-6055.