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CHAPTER 2 REVIEW OF RELATED LITERATURE AND RELATED STUDIES This chapter contains excerpts from cerebrate rendering materials and related studies which the researcher considered to be of greatest esteem in the completion of his readys. This includes the do goods of a kind certification System division can cash in ones chips. link Literature Foreign The affectionate Security retirement arrive at compensation is based on how much a somebody made during his souring years. The more he earned, the more hell pee when he retire. The Social Security retirement benefit defrayal is also affected by the age at which a person decides to retire. He can retire as betimes as age 62, but if he retires before his tried retirement age, his benefits will be permanently reduced, based on your age. For example, if he retires at age 62, the benefit would be somewhat 25 percent lower than what it would be if he waited until he reaches full retirement age. The Social Sec urity Administration provides monetary 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. around anyone in the pass receivers family may be eligible, including current and former family.

cooperator The mate of a Social Security recipient qualifies for up to half(a)(prenominal)(prenominal) of the recipients benefit upon reaching the age of 62. Spouses qualify even in the beginning if they act as a caregiver for the recipients child, as prospicient as the child is under the age of 16 or disabled. If the spouse is eligible f! or Social Security herself 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 gibe 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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