Retirement age is not sufficient to qualify for Social Security benefits. many people who do not have sufficient requirements to apply for the program, in this sense, it is important to know whether you are eligible or not.
If you are not a worker eligible for Social Security benefits, you need to take this into account so that you can secure other sources of income for your pension. In this case, these are the most common categories of workers who are not eligible for social security:
Avoid taxes
There are workers who don’t file Social Security taxes, so if you don’t have a record of these payments and If during all the years of your life you do not declare income and evade taxes, you cannot count on benefits.
Pension in other countries
The US has a list of countries where, if their citizens retire, they will not be able to receive social security benefits, these are: Azerbaijan, Belarus, Cuba, Kazakhstan, Kyrgyzstan, Moldova, North Korea, Tajikistan, Turkmenistan, or Uzbekistan. . May be the government applies exceptions for some countries, with the exception of North Korea and Cuba.
Multiple social security loans
If you have never worked, you probably will not receive Social Security benefits. Since one of the main requirements is to have enough credit for retirement, that accumulate over the course of a person’s working life.
Government and railway employees
Civil servants hired before 1984 did not have Social Security taxes deducted from their pay. for inclusion in the Civil Service Retirement System (CSRS) therefore, they are not eligible for benefits.
Source: La Opinion
Alfred Hart is an accomplished journalist known for his expert analysis and commentary on global affairs. He currently works as a writer at 24 news breaker, where he provides readers with in-depth coverage of the most pressing issues affecting the world today. With a keen insight and a deep understanding of international politics and economics, Alfred’s writing is a must-read for anyone seeking a deeper understanding of the world we live in.