Glossary
General glossary of terms
Social Security benefits a child of the worker receives that are based on the worker's covered earnings record.
Mon, 28 Mar, 2022 at 4:42 PM
Earnings from jobs that deduct Social Security taxes from your paycheck. These appear on your Social Security statement or Earnings Records in the column ti...
Mon, 28 Mar, 2022 at 4:34 PM
Social Security disability benefits you receive that are based on your own covered earnings record. These are often referred to as Social Security Disabilit...
Mon, 28 Mar, 2022 at 4:41 PM
Deductions applied due to the earnings test. Deductions are applied to all benefits claimed on the record of the person subject to the earnings test.
Tue, 29 Mar, 2022 at 7:59 AM
A maximum amount that can be earned before full retirement age (FRA). Earnings above the exempt amount result in earnings deductions.
Tue, 29 Mar, 2022 at 7:58 AM
The last year of expected or actual earned income from wages, salary, or self employment. Do not consider investment, retirement, or other unearned income.
Wed, 30 Mar, 2022 at 7:32 PM
The weighted value of a stream of money over a lifetime. When evaluating the value of money that will be received (or spent) over the course of several year...
Mon, 28 Mar, 2022 at 4:32 PM
When a future value is provided in Nominal Dollars it means the amount is the actual face value of the money in the future year.
Mon, 28 Mar, 2022 at 4:30 PM
Earnings from jobs that do NOT deduct Social Security taxes from your paycheck.
Mon, 28 Mar, 2022 at 4:33 PM
Pensions from work where Social Security taxes were NOT deducted from your paycheck. Only certain government and foreign pensions are non-covered pensions.
Mon, 28 Mar, 2022 at 4:33 PM