Glossary of Social Security
Disability Law Terms
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Legal
Glossaries Index
Family Benefits:
The following people may be eligible to receive
benefits on your record: Spouse if aged 62 or older (unless caring for an
entitled child under the age of 16); children, if unmarried and under the age of
18 (or under 19 and still in school); disabled children over the age of 18; and
an ex-spouse in some circumstances.
Family Maximum:
The maximum amount of benefits payable to an entire
family on any one worker's record.
Federal Insurance Contributions Act (FICA):
The formal name of the
funding mechanism for Social Security benefits. It is a payroll tax that is
deducted from the worker’s paycheck and matched by the employer.
Full Retirement Age:
The age at which a person may first become
entitled to unreduced retirement benefits. Beginning with year 2000 for workers
and spouses born 1938 or later and widows/widowers born 1940 or later, the
retirement age increases gradually from age 65 until it reaches age 67 in the
year 2022. This increase affects the amount of the reduction for persons who
begin receiving reduced benefits.
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