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Ted Wright -- last update 4/5/2007 (ChamberApr5.html)
Copyright 2007 -- Collinsville, Oklahoma
Chamber of Commerce
April 5, 2007
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Chorus Members Entertained Chamber
Promoting "Bye Bye Birdie"
May 22 & 24
After entertainment by
members of the Collinsville High School chorus, the Chamber of Commerce heard
advice on the social security system. Lou
Wilcoxson from the Social Security Administration Public Affairs Dept. explained
that social security is needed by some well before retirement (disability
or children who suffer loss of a parent as examples). Other should plan carefully
for retirement and not wait until retirement day arrives. Social Security
statements provided (about 2 months before each birthday) should be verified
for accuracy as even the IRS does not keep your income records permanently.
A minimum of 10 years of earnings will vest you in the social security system
but any non-earning years less than 35 will average into your payout calculation
as zeros. Your highest 35 years of earnings can even change after retirement
if you still have earnings. Some social security benefits are even taxable.
Mr. Wilcoxon recommends studying information on the Social Security website
first before calling and then use the 1-800 number before calling the local
offices (Tulsa or Bartlesville). He also asks that you contact the Social
Security administration if you are aware of anyone abusing the benefits earned
by someone else (especially the elderly).
Wilcoxson from the Social Security Administration Public Affairs Dept.
Chamber meeting is May 3rd
at American Bank
Chorus Director Bob Humble and members of the women's and men's choirs at the
Thursday Chember meet.
900 LEISURE LN
BARTLESVILLE, OK 74006
Local Number (918) 333-5301
TTY (800) 325-0778
4750 S GARNETT RD
TULSA, OK 74146
Local Number (918) 641-2400
TTY (800) 325-0778