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7 Reasons You Might Not Receive Social Security Benefits
Everyone pays into and receives Social Security benefits, right? Not quite. Most yes, but not all. Andrew Lisa of Yahoo Finance lists seven reasons why one ight not receive Social Security benefits. They are: 1.) You Failed the Social Security Earnings Test (i.e. you exceeded the maximum earnings allowed before full retirement age); 2. You Failed to Earn 40 credits (10 years of work); 3.) You Have Debt That Qualifies For Garnishment; 4.) You’re Covered Under the Civil Service Retirement System; 5.) You’re Covered By the Railroad Retirement Act; 6.) You Don’t Qualify For a Divorced Spouse’s Benefits; 7.) You Moved in Retirement to one of a handful of countries where payments are not allowed (such as Cuba, North Korea, Belarus, and other authoritarian regimes.) Full article here.