Ask Experts Questions for FREE Help !
Ask
    dcespinoza's Avatar
    dcespinoza Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Mar 10, 2013, 03:51 PM
    Social security exemption (not religious) affect SS income to be received
    When a parent works for a child they can be exempted from paying social security.

    Does that election affect the amount of future social security income to be received at retirement?

    Does that election bar future receipt of social security income at retirement?
    joypulv's Avatar
    joypulv Posts: 21,591, Reputation: 2941
    current pert
    		  
    #2

    Mar 10, 2013, 03:56 PM
    It doesn't 'bar future receipt of social security income at retirement' but it isn't counted towards the amount you will receive from other income that does have SS withheld.
    dcespinoza's Avatar
    dcespinoza Posts: 2, Reputation: 1
    New Member
    		  
    #3

    Mar 11, 2013, 06:16 PM
    Okay. Good. Which I believe means that less of the SS income is taxed in certain situations.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Social security exemption for H1B visa [ 8 Answers ]

I'm in H1B status and changing employers this week, moving from one state university to another. The new employer tells me I have to pay SS tax. However, I was NOT paying SS with the previous employer. When I was hired, someone in the payroll dept. at the prior employer made me fill out some...

Supplemental security income and social security disability income? [ 2 Answers ]

If you are approved for supplemental security income and social security disability will you get full benefits from both or will it get cut in half and if your children receive ssi will their benefit be effected?

Student exemption from Social Security witholding [ 3 Answers ]

I have heard that high school students, working in the local public library (which is part of the school district) on a part time basis, are exempt from Social Security and Medicare tax withholding. Is this true?

F 1 Student - Social Security and Medicare Exemption [ 1 Answers ]

My OPT will be affective as of Jun 07 to Jun 08, is it possible to ask the company that I will be working for not to deduct social security and medicare from my pay to avoid filing for a refund around tax time? If Yes, is there a website that I can find that states that because my company may...

Social security and medicare tax exemption [ 1 Answers ]

Tax Expert, My wife came to the U.S. on Aug. 26 2000, she thought she could be exempted from social security and medicare tax until Aug. 26, 2005, is that correct? Thanks a lot

View more questions Search