I know when a Dad dies and his kids are not of age they get help from S/S till age 18. I mean like over $1000 month. I didn't know if a family has a child an Dad is alive but on S/S age 62 or older. They still get that money. The same amount Dad is getting. So here is the trick some folks are doing. They adopt a child dad turns 62 goes on S/S and guess what. New adopted child get's same amount. I here some don't stop at just one kid. Question. Is there no wonder S/S can be in trouble. And does anyone now if these are all the facts.
S/S question and it's our Money
- Thread starter djv
- Start date
djv said:
huh? Can you please explain this more? I understand the children getting money if dad dies, but why would they if dad is still alive?
Don't think it would be Medicare under(survivor benefits) but rather SSI benefits under that circumstance--also
-There is a limit to the amount of monthly benefits that can be paid to a family. The limit is generally equal to about 150 to 180 percent of the worker's benefit rate. If the sum of the benefits payable to family members exceeds this limit, the benefits will be reduced proportionately for each family member.
Found this site which is quite interesting--sure contradics what you hear from media
http://www.usatoday.com/news/washington/2006-03-14-entitle-chart.htm
-There is a limit to the amount of monthly benefits that can be paid to a family. The limit is generally equal to about 150 to 180 percent of the worker's benefit rate. If the sum of the benefits payable to family members exceeds this limit, the benefits will be reduced proportionately for each family member.
Found this site which is quite interesting--sure contradics what you hear from media
http://www.usatoday.com/news/washington/2006-03-14-entitle-chart.htm
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Six Five i only caught this on PBS last Monday and did my best to get it right. I also know a guy who worked with me and is 63 retired and went on his S/S early at reduce amount. He and his wife did adopt a child year ago. So I saw him at grocery store this morning and asked him how he liked retirement. And had normal B S going when. I hit him with that's kind of neat you get S/S for your new child you being on S/S. He answered yes and that he never new that till told at S/S office. Child gets same amount he does. So It's true. Folks who put S/S together in first place I'm sure dd not have this in it.
He may be correct to a certain extent DJV--from Social Security site--but still think cap I mentioned before applies
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Benefits for family members
If you are getting Social Security retirement benefits, some members of your family also can receive benefits. Those who can include:
Wives or husbands, if they are age 62 or older;
Wives or husbands who are younger than 62, if they are taking care of their child entitled on your record who is under age 16 or disabled;
Former wives or husbands, if they are age 62 or older (see ?Benefits for a divorced spouse?);
Children up to age 18 or 19, if they are full-time students who have not yet graduated from high school; and
Disabled children, even if they are age 18 or older.
If you become the parent of a child (including an adopted child) after you begin receiving benefits, let us know about the child so we can decide if the child is eligible for benefits.
NOTE: Children?s benefits are available only to unmarried children. However, in certain situations, benefits are payable to a disabled child who marries someone who is also eligible as a disabled child.
+++++++++++++++++++++++++++++++++
Benefits for family members
If you are getting Social Security retirement benefits, some members of your family also can receive benefits. Those who can include:
Wives or husbands, if they are age 62 or older;
Wives or husbands who are younger than 62, if they are taking care of their child entitled on your record who is under age 16 or disabled;
Former wives or husbands, if they are age 62 or older (see ?Benefits for a divorced spouse?);
Children up to age 18 or 19, if they are full-time students who have not yet graduated from high school; and
Disabled children, even if they are age 18 or older.
If you become the parent of a child (including an adopted child) after you begin receiving benefits, let us know about the child so we can decide if the child is eligible for benefits.
NOTE: Children?s benefits are available only to unmarried children. However, in certain situations, benefits are payable to a disabled child who marries someone who is also eligible as a disabled child.
DTB Thks. And what are your thoughts good or bad or a little of both. I guess I think they should use S/S a little wiser.
