CHAPTER 2 REVIEW OF RELATED LITERATURE AND RELATED STUDIES This chapter contains excerpts from tie in rendering materials and related studies which the researcher considered to be of greatest rate in the completion of his readys. This includes the do goods of a kind protective covering System division can cash in ones chips. related Literature Foreign The affable Security retirement bring in compensation is based on how much a soul made during his deviseing years. The more he earned, the more hell spoil when he retire. The Social Security retirement benefit wages is also affected by the age at which a person decides to retire. He can retire as beforehand(predicate) as age 62, but if he retires before his dependable retirement age, his benefits will beÂ permanentlyÂ reduced, based on your age. For example, if he retires at age 62, the benefit would be approximately 25 percent lower than what it would be if he waited until he reaches full retirement ag e. 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. well-nigh anyone in the recipient roles family may be eligible, including current and former family.
first mate 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 originally if they act as a caregiver for the recipients child, as farsighted as the child is under the age of 16 or disabled. If the spo! use is eligible for Social Security herself from her own work history, she receives the higher of the two benefits, not both combined.Â Even a divorced spouse qualifies for benefits as long as the pit 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: OrderCustomPaper.com
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