Social Security and You: Vets Misled by the Internet Come-ons | Economic news

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And you should also know that this additional income is automatically added to your social security account. You don’t have to do anything to get the extra credits.

Now let’s go back and give a little more information on military service and social security. If you performed active duty or active duty training in military service at any time after 1956, you paid Social Security taxes on your earnings, just like anyone else working at a Social Security covered job. And since 1988, inactive service in the reserves of the armed forces, such as weekend exercises, is also covered by Social Security. This is the simple part.

What leads to all the confusion is that Congress has decided to add additional income credits to the Social Security records of military personnel. And the amount of these credits varies according to the time served.

If you were in the military between 1957 and 1977, the government adds $ 300 to your Social Security records for each calendar quarter in which you received base active duty pay.

From 1978 to 2001, the government added an additional $ 100 to your Social Security account for every $ 300 you earned in base pay, up to a maximum of $ 1,200 per year. There are times when these additional credits are not granted. For example, if you enlisted after September 7, 1980 and have not completed your full period of service, you will not earn the additional credits. Check with the Social Security Administration for more exceptions.


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