"Social Security Fully Insured" refers to a person's eligibility for certain Social Security benefits based on their work history and Social Security taxes paid. Here are the key features of beingSocial Security Fully Insured:
· Work History: To be Social Security FullyInsured, a person must have worked and paid Social Security taxes for a certain amount of time, earning enough credits to qualify for benefits.
· Credits: Social Security credits are earned based on a person's earnings from work covered by Social Security. A person can earn up to four credits per year, and the number of credits they need to beSocial Security Fully Insured depends on their age at the time they become eligible for benefits.
· Eligibility for Benefits: Being Social SecurityFully Insured means a person is eligible for certain Social Security benefits, including retirement, disability, and survivor benefits.