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Social Security Explained, 2013 Edition
Provides a succinct, comprehensive, and detailed explanation of the federal old-age, survivor's and disability insurance programs under the Social Security Act.The book explains who is covered by the Social Security system, liability for the tax, how a worker acquires "insured status" required for benefit eligibility and the conditions of entitlement to the various kinds of Social Security benefits.
For the year beginning July 1, 2012, the maximum weekly benefit amounts are $396 for an individual with no dependents, $411 for an individual with one dependent, $426 for an individual with two dependents, $449 for an individual with three dependents, and $486 for an individual with four or more dependents. The minimum weekly benefit amounts are $59, $61, $64, $68, and $71, respectively (IWD Communication).
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