Benefits For Retired Seniors In Fairfax

State:
Multi-State
County:
Fairfax
Control #:
US-001HB
Format:
Word; 
PDF; 
Rich Text
Instant download

Description

This Handbook provides an overview of federal laws affecting the elderly and retirement issues. Information discussed includes age discrimination in employment, elder abuse & exploitation, power of attorney & guardianship, Social Security and other retirement and pension plans, Medicare, and much more in 22 pages of materials.

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FAQ

Social Security: How Many Hours Can You Work and Still Collect Benefits? You can continue to work as long as you want, and you can still collect Social Security benefits.

Food, Financial and Medical Assistance Apply online at CommonHelp.Virginia or by phone at 1-833-522-5582. If you have questions or if you need more information, call DFS at 703-324-7500, TTY 711.

The Division for Aging Services fosters the independence and well-being of older Virginians and supports their caregivers through leadership, advocacy and oversight of state and community programs, and guides the Commonwealth in preparing for an aging population.

Retirement Income Varies Widely By State StateAverage Retirement Income California $34,737 Colorado $32,379 Connecticut $32,052 Delaware $31,28347 more rows •

Retirement Income Varies Widely By State StateAverage Retirement Income Alaska $36,023 Arizona $28,725 Arkansas $21,967 California $34,73747 more rows •

The $1,000 per month rule is designed to help you estimate the amount of savings required to generate a steady monthly income during retirement. ing to this rule, for every $240,000 you save, you can withdraw $1,000 per month if you stick to a 5% annual withdrawal rate.

Fairfax County is home to many older adults (ages 50 and over).

Box 13 on the Form W-2 PDF you receive from your employer should contain a check in the “Retirement plan” box if you are covered. If you are still not certain, check with your (or your spouse's) employer. The limits on the amount you can deduct don't affect the amount you can contribute.

The Fairfax County Uniformed Retirement System was established on July 1, 1974, as a public employee retirement system providing defined benefit pension plan coverage for select public safety employees.

Fairfax County operates under a merit system, which means that applicants are selected for jobs on the basis of their education, experience and skills.

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Benefits For Retired Seniors In Fairfax