THE PERQUIMANS WEEKLY, HERTFORD. NORTH CAROLINA. FRIDAY. MARCH II. -1960. :
PAGE FIVE
-, Mm YOUR SHOAL SECURITY
Eal W. Trinkle, representative of the Social Security
'Atcunistraiion. is in Weii.ord the second Wednesday of
month at the Perquimans County Court House.
Age , 72 , and social secur.'l. age 72, this earnings restriction
benefits hive a great, deal i-Jino Jonger applies. There is one
common. 'Beneficiaries through- word of caution, howrver, and
out , the nation are re-o. zing; that is in the year in which
the individual becomes 72. If
Farmers Losing Big Amounts
From Social Security Benefits
New Director )
monthly benefits regard ..j:s of
tfie' ambunt of their annt5tf earn
ifes, simply because 13y ?have
pissed their seven ti' -second
Y6u! are' 'probafolv 'aware of
ttte .fact that insured individuals
'vjfliOi have worked long enough
; ureter social sscir.ty can araw
retirement benits for women
s)rlrig,;atfcr? j2 ancLfqr. men
Sage 65.1 However, there are
trjqiqn:nj,the. Um as ;to
lt6w Aiucrftlaese' individuals can
earn a ad still receive their
rtfonthty social security checks
ai fdng as they are under age
78. Basically, this amount is
$4200 ' and if their earnings in
tge calendar year- 'eXleid this
afrount they cannot receive
benefits for one or wore .months
' rlMrincr that vonr " ' .
. Something you' may not be
aware of is the facUthat, once
as insurea maiviauai reaches
And she shall
have phones
wherever she
goes
In afelepne
pttthnecl home
lntrajOVJdern homeyyooAyijit
Ihese lephonJ-.
convenience to been
pre-plann$$$nd "J '
exTensionwmett .ee'
Installed during croh br
remodeling witlnalL fne wiring
conceoheorhona
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&favffi iefe tlj pVded
wt-iofosy and convenient, i Jiff
HUB NORFOLK ft CAROLINA
TELEPHONE & TfLGRAPH
COMPANY
this person continues to work
all,- year long and hiS' earnings
are over $1200 in that year, his
benefits will be payable only
from1 the month' he reaches age
32f' Here lsan ; example to il
lustrate this point. ( An insured
Individual is continuing to work
for $300 a month, but he comes
jntq the social; security office in
January and files his applica
tion at that - time. He will be
72 years old in' April. It will
be explpained to him that as
long as he ' continues to work,
there will be no monthly bene
benefits paid to him until April,
but from then on his benefits
will be paid monthly regardless
of his earnings the rest of the
year. He works all year long
and his earnings are $3600 for
the year. Consequently this in
dividual will not receive bene
fit checks for the first three
months of the year.
Agriculture Commissioner U
Y.' Ballentine says North Caro
lina may be losing millions of
dollars annually because farm
ers do not take the necessary
steps to qualify for social security-benefits.
He also pointed out that
farmers who reached . the. age
of 65 during the first half , of
1959 must qualify before April
15, I960, if they are. to become
eligible now. This is the dead-,
line for going back , as far as
1956 to pay I up the premiums,
and the. 1959 retiree must have
at least four years coverage to
begin receiving payments.
This deadline is also import
ant to .the young farmer who
wants to get coverage as far
back as possible to insure the
eligibility of his wife and chil
dren for monthly payments in
the event of his death, the Com
missioner said.
Ballentine cited the following
facts about the social security
program as it affects the state's
farming people. ,
From January 1957 through
(June 1959, a total of 45,545
If you are nearine that 72nd ! claims for social security bene-
birthday, and are still working fits were filed by self-employed
but have never inquired ' about ! farming people in the state. Not
social security benefits, you j a11 these claims were allowed,
should contact your social se-1 i4 ' is true bu't it is probably
curity office; in the near future. I fair t0 Sy that close to 35,000
farm men and women have
qualified and are receiving a re
tirement check each month.
These benefits are based on av
erage net farm incomes begin
ning with 1955, the year that!
self-employed farmers were first i
covered by social security.
saves
time
Consider this when buy
ing drugs. First, your
medicines are now more
. effective than in the past
.. ... often eliminate hos
pital and nursing bills.
Second, vast research
?! -projects, costing huge
' ' stftrii of money,' have
i made these more effeo
. tive dnigs ivaIabloa?'T' ,
' reduced prices fair to all.
SandM
PHARMACY
"OA7 THE CORNER"
farm income and expenses fori
each year 1956 through 1959.1
File a Schedule "F" (record of
farm sales and expenses) and I
amended Income Tax return
with the Internal Revenue Ser
vice for each of these years in
which the net profit was $400
or more and keep a duplicate
copy of each return.
2. Get in touch with the near
est Social Security District Of
fice in their part of the state.
If the self-employed farmer,
who is nbw-' '65 or over ' com-1
pletes the first step, . he will
probably have "worked" under
social security long enough to
qualify for monthly old-age in
surance benefits.
For each year that he had at
least $400 net profit, he receives
credit for a year of coverage,
and each self-employed person
needs a certain number of years
to qualify for benefits.
Following are examples of the
number of years of coverage
needed by persons reaching 65
during the first half of thei
years indicated: 1954, one and
one-half years; 1955, two years;
1957, three years; 1959,- four
years; 1961, five years; 1963, six
years; 1965, seven years; 1967, j
eignt years; it, nine years;
1971 or later, 10 years.
"These examples show why it
is so important for all self-employed
farmers who have not
filed a 'Schedule F' and paid the
self-employment tax, to do so at
once," Ballentine said. "After
April 15 the self-employed farm
er cannot receive credit for the
I? t '
I I ; -
II I A. A I 1
L1J
Camellia Show At
ElizabetliCityTwo
Days, March 12-13
Every one is invited to attend
and exhibit their blooms at the
third annual Albemarle Camellia
I Show .at Elizabeth City on Sat
urday and Sunday, March 12
and 13, in 'the ballroom of the
Virginia Dare Hotel, The Men's
Horticultural Society of the Al
George V, McCotter, New
Bern business man and leading
N. C. Baptist layman, has been
named to the newly created of
fice of Director of Development
in the administration of Camp
bell College, President L. H.
Campbell has announced.
her husband is entitled.
jin eaoh of the 8 classes of hor- leigh, N. C, Norfolk and Suf
ticultural specimens and the 12 folk, Va. Each is a recognized
classes of artistic arrangements
(Will be awarded blue, red and
white ribbons and show certifi
cates. "Competition is open to
all exhibitors from everywhere.
A single- flower entered has the
chance of taking "best bloom,"
show chairman Clay Foreman
emphasizes.
Nineteen officially accredited
judges have accepted invitations
to preside in placing awards at
the Elizabeth City show. They
come from Fayetteville, Burgaw,
bemarle sponsors .this accredits I aieturg, Kodtingham and Ha-
show in cooperation with the
camellia authority and theirs is
a labor of love at their own ex
pense.
Program schedule and entry
cards will be sent upon request
to Raymond Sheely, chairman
staging committee. All entries
will be welcomed and received
from 8 to 11, A. M., Saturday,
March 12. Judging will follow
immediately and the show will
be open to the public from 3
to 9 P. M., on Saturday; from
1 to 6 P. M., on Sunday, March
13. . "
American and the North Caro
lina Camellia Societies. It has
been accorded nationwide recog-i
nition. j
An engraved sterling silver
bowl is offered as sweepstakes
award by the show. Six other j
sterling silver trays and cupsj
will be given as trophies for
best bloom in the show grown;
in the open, best bloom grown I
under glass, best arrangement
and the runners-up (second
Five annual memberships in the
place winners- in each class.
American Camellia Society ($6
each) will go to those who have
D,l .... j - , ' ... vuuii ui
oauemiiie urjjeu lunueis l() Honor
inform themselves about social Gold certificates of the na-
secunty and the important part tional society will be presented 1
it plays in their lives. I t0 sweepstake winners of blooms
grown m the open and grown
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Hertford, N. C.
MHMHI-.K I'.DIX .
"Ask the Social Security Dis
trict Office nearest your home
under glass. Piunners-up in each
case will gel Silver Certificates.
However, more than 90,000 1 veai' of 00 veraSo that would be I
oeoolP nast. thP sup nf R5 were ' P'eseiuea Y e ioo tax re-i
living on North Carolina farms
at the beginning of 1959. The
Social Security Administration
j believes that many of these
could qualify for old-age bene
fits if they will do two things
before April 15, 1960:
turn, and without credit for
1956, many farmers now of re
tirement age will be unable to
qualify.
"Also a farmer over 50, who
has a total and permanent dis
ability which prevents him from
l. Get together the records of doinS any real substantial work
is emiueu 10 mummy payments
I after he has been covered by
social security for five years.
JThus it is an advantage for the
'young middle-aged' farmer to
build up coverage by paying the
back taxes."
All .social security benefits
are ' based , oh ,- the average
amount of money earned each
year. Some examples of the
farmer's average net income for
several years and the monthly
payments they entitle him to,
are: $600. $33; $1,200. $59; $1,
800, $73; $2,400. 84; $3,000, $95;
and $4,200, $116.
If the farmer's wife is also
old enough, she may receive a
benefit, equal in some cases to
one-half of her husband's in ad
dition to the amount to which
for booklet No. 25d, How DoesiHiehlv Commended OrtifirntP
Social Security Affect Farmjfor Seedling is also offered.
Families?" he advised. 'First, second, and third winners
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