11-11-2021 12:18 PM
my question is
My only job is e bay. If tomorrow I retire, will I collect retirement because I sell on e bay?
I've been selling in e bay for about 5 years
Thank you so much
Solved! Go to Best Answer
11-11-2021 02:02 PM
You seem to believe you work for eBay and will receive retirement benefits from them.
You don't and you won't.
11-11-2021 02:16 PM
@nobody*s_perfect wrote:If your age makes you eligible for Social Security, then you do not have to retire from selling on eBay to collect SS payments. Depending on your age, you might have reduced payments if your eBay earnings are above a specific threshold (currently about $18,000)..
https://www.ssa.gov/benefits/retirement/planner/agereduction.html
Even it they're old enough to qualify at present, they haven't met the quarterly social security tax pay in requirement. They've stated this is all they've worked, only 5 years.
11-11-2021 02:29 PM
@cristian3_6 wrote:my question is
My only job is e bay. If tomorrow I retire, will I collect retirement because I sell on e bay?
I've been selling in e bay for about 5 years
Thank you so much
this is a joke????
11-11-2021 02:53 PM
EBay would have to be your employer. You do realize just because you use their venue to
list your items you are not an employee? This is actually no more than a classified ad. Just want to make sure you understood the distinction.
11-11-2021 03:09 PM
when I went to the counter I asked him and he told me that for paying the taxes he said yes
What I understand is that when I am 65 years old, can I request the benefit?
sorry if I misspell I use google translator
11-11-2021 03:12 PM - edited 11-11-2021 03:13 PM
@cristian3_6 wrote:when I went to the counter I asked him and he told me that for paying the taxes he said yes
What I understand is that when I am 65 years old, can I request the benefit?sorry if I misspell I use google translator
There are NO retirement benefits for sellers on eBay. There is nothing to request.
11-11-2021 03:13 PM
The benefit comes from Social Security. It does not come from eBay. You were not an employee of eBay, so you do not get any retirement benefits directly from eBay.
11-11-2021 03:14 PM
Is this a real question?
11-11-2021 03:17 PM
thank you very much now I understand
But won't it be a lot of money like a retirement?
11-11-2021 03:20 PM
No.
11-11-2021 03:25 PM
The amount you get back in Social Security depends on how much you paid in while you worked. Social Security is good about sending estimates every year to those eligible. It also depends on your age at retirement, the longer you wait the more you get.
11-11-2021 03:31 PM
Thank you very much for answering
I learned something new
11-11-2021 03:38 PM
@cristian3_6 wrote:when I went to the counter I asked him and he told me that for paying the taxes he said yes
What I understand is that when I am 65 years old, can I request the benefit?sorry if I misspell I use google translator
You can apply for a Social Security benefit. Whether or not you get one depends upon how long you worked in the U.S. and how much you paid into Social Security when you worked.
Unlike many other countries, in the U.S. an old age pension is not an automatic entitlement. nor is it based on need.
The U.S. government old age pension, Social Security is based on how long you worked and how much you paid into the Social Security fund during the time you worked.
Your monthly benefit is then calculated on the length of time you worked and the amount you contributed, so the monthly benefit can range form a minimum of $42 per month to a maximum of $3,985 a month.
To be eligible at all, as others have said you must work a minimum of 40 "quarters," a quarter being a three-month calendar period. (40X3=120 months, or 10 years).
Americans who have worked their entire adult lives, earning average incomes, get about $1.500 a month.
=
11-11-2021 05:55 PM
That was a really good answer. I was about to post this type of information. It's great to see accurate Social Security and accounting information on a public forum.
11-12-2021 06:34 PM
thank you very much for the good answer
I've been in e bay for 10 years, I made like 50 thousand dollars
How much would the approximate social security pay me per month