After the sixth year for H1-B employee is over and he/she moves back to
his/her home country, can he/she get back all the SSN, Medicare money
that was taken out of their paychecks? Or, will he/she be getting that
money when they reach the retirement age? If so, will he/she be able to
get it through a U.S. embassy?
Thank you.
--
Posted via http://britishexpats.com
observer
01-14-2004, 09:23 AM
At this point and time, NO.
"zico" <member5925@british_expats.com> wrote in message
news:1171197.1074102153@britishexpats.com... After the sixth year for H1-B employee is over and he/she moves back to his/her home country, can he/she get back all the SSN, Medicare money that was taken out of their paychecks? Or, will he/she be getting that money when they reach the retirement age? If so, will he/she be able to get it through a U.S. embassy? Thank you. -- Posted via http://britishexpats.com
Archmedes
01-14-2004, 09:32 AM
zico said on 1/14/2004 9:42:
After the sixth year for H1-B employee is over and he/she moves back to his/her home country, can he/she get back all the SSN, Medicare money that was taken out of their paychecks?
No. This stuff is not like a bank. Your payments into the social security
system were used for current retirees.
Or, will he/she be getting that money when they reach the retirement age? If so, will he/she be able to get it through a U.S. embassy?
The US Social Security administration has totalization agreements with
several, mostly European countries. If you are from one of these countries,
the time you paid into the US social security system is taken into
consideration for the calculation of the retirement benefits in your
home country.
See http://www.ssa.gov/international/totalization_agreements.html
-Joe
Ivonne
01-14-2004, 12:31 PM
Joe,
how can i prove in my homecountry, that i paid into the US social
security? In my homecountry (germany) I got a statement every year
from my employer listing what he deducted from my pay and sent to
social security.
Is there such a statement here? Or will they accept my W2's as this
statement?
Ivonne
--
Posted via http://britishexpats.com
Gross50
01-14-2004, 03:06 PM
Originally posted by Ivonne
Joe,
how can i prove in my homecountry, that i paid into the US social security? In my homecountry (germany) I got a statement every year from my employer listing what he deducted from my pay and sent to social security.
Is there such a statement here? Or will they accept my W2's as this statement?
Ivonne
U get a social security statement every year and then later you can get
credits to transfer to ur domicile country when u leave.
--
John 3:16
Posted via http://britishexpats.com
