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ipcial Security. Citeiii Ly U
' A nwmiber of inquiries have been
! mad by; farm as to whether
payments made to fawners unaer
the Acreage Reserve and. Uonser-
- vation Reserve Programa will be
subject to self-employment tax
and thus count toward income
used in computing: .Social Security
benefits.
In answer to these inquiries on
this subject the Assistant Direct
or of the Bureau of Old-Agre and
Survivors Insurance recently sup
plied the USDA with the follow
ing information, according to
Ralph W. Ramsey, County ASC
office manager.
" "The following are examples of
several types of situations illus
trating" when soil bank payments
count, either for social security
benefit purposes or for purpose of
the retirement test. These ex
amples are applicable both to the
acreage reserve and conservation
reserve programs, as well as for
farms placed in the soil bank un
der the new "bid" procedure. The
type of practice selected by the
farmer, that is, whether he elects
to establish grass cover, or to
plant trees, or to plant cover ben
eficial to wildlife is not material
in deciding whether the payments
count for social security bene
fit purposes. The activities of
the farmer in establishing and
maintaining any of these practices
is, of course, considered in determ
ining whether or not he is ren
dering substantial services in any
given month.
Question 1. I operate my own
farm but want to put part of it in
the conservation reserve program,
Can the annual payment I receive
under my contract count toward
social security credit?
Answer. Yes. Conservation re
serve payment received by the op
erator of the farm count for so
cial security purposes.
X. Will it make any difference
if I put all of my farm in the con
servation reserve program or only
part of it?
A. No. If you are the operator
of the farm placed in the conser-
'I'" ..ii 1 i i". hn i i Jr 1 1 n i i.i.i
vation reserve, the program pay
ment you receive counts for social
security whether all or only part
of the farm li put in the oenser
vation reserve. , ,',', I
Q. My farm was leased to ten
ant last, year, but he doesn't want
to renew the lease. t If I put the
whole farm in the conservation
reserve program for 5 to 10 years,
will my annual payments count
toward social security? i
A. When your tenant leaves the
farm, you, in effect, become the
operator. Therefore, your pay
ments wil count for social securi
ty. Q. My farm has been operated
by a tenant. I have been materi
ally participating in its operation
in accordance with the rental
agreement and my rental income
has been counted toward my so
cial security credit. I am now
placing my whole farm in the con
servation reserve program and
sharing my annual payment with
my tenant. The tenant keeps the
building and fences in repair and
keeps down noxious weeds under
um. I am not permitted to raise
any commercial crop or livestock,
The only work I will do Is to tell
the man I hire where to plant the
trees and to care for my garden,
livestock ; and ' poultry, It " will
only take 1 or 6 hours of my time
during the year to give the orders
about the trees. Will the conser
vation reserve payments- affect
the receipt of my social security
benefits? V'J''''
A. Your annual payment of
(3,000 must be considered in de
termining the amount of your
earnings for social security re
tirement test purposes. However,
even though your earnings ex
ceed 1200, you will not lose any
social security checks because
you will not, under the "circum
stances described, be rendering
soil bank payments conk ...... - 2
substantial services in any month.
The services rendered in the care
of a garden or livestock and poul
try kept only for home consump
tion are not services performed
in carrying on a business. Di
recting the planting of the trees
,tha nrovisions of the contract I 18 acuvity perioral in connec-
make a periodic inspection to see tion with the business. However,
if contract provisions are carried) s only 4 or 5 hours are spent in
. ' this artivitv. the services would
$7
1
A ii ;i is getting along the
road tv wisdom when he begins
U real .e that hia opinion is Just
an opinion. . . v vi ,
7
'F.VJLY.BY 1975
, i; cs. .am:, o? u.s. growth
Hish Incc r-.;s C i riAdbved Only by Wise Handling
cf f . j;r tco:, itr.'x l::ues, Committee Warns
out. Can my share of the con-
servation reserve payments be
counted toward social security
credits?
A. The agreement between you
and your tenant at the time your
farm was placed in the conserva
tion reserve provided for your
material participation. There
fore, the conservation reserve
payments you receive during the
period of this rental agreement
will count for social security.
Q. I am now receiving social
security benefits. My farm has
been accepted under the conser
vation reserve "bid" procedure at
an annual payment for 10 years
of $3,000. I selected the tree
planting practice and hired the
trees planted and maintained. Al
though I live on the farm, I can
use my land and building only for
the production of livestock, poul
try, and a garden, all for home
n
I'D
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yw
Meeds
Loans - Checking Accounts
Savings Accounts - Lock
Boxes Or Any Other
Banking Service
We Pay 2 on Savings Accounts
t Compounded Semi-Annually
Total Resources Over
i 4 Vi HUHon Dollars
The Bank That's BJG Enough To
- Serve You r ' '
irl Sr.! ALL Enough To Know You
n
- l Service Built"
I ALL MAH5 HILL
To CI?,C:3 Ty F.D.I.C.
this activity, the
not be considered substantial.
Q. I am now receiving social se
curity benefits. I placed my whole
farm in the conservation reserve
for a 10-year period and I es
tablished a permanent vegetative
cover for soil protection. I -arranged
with a neighbor to keep
down noxious weeds and maintain
the practice as required by my
conservation reserve contract. I
moved into town. Will my conser
vation reserve payments be count
ed in determining my yearly earn
ings under the retirement test?
A. Yes. The conservation re
serve payments must be counted
in determining the amountof your
earnings. If you personally plant
ed the cover crop you probably
rendered substantial services in
the months in which the crop was
planted. (However, under the plan
described above, you v "-orobab-
c the co
or crop. is
ervce3 a
asrf-j4 TM i all fid .
. Q. My farm, has been accepted
under ' the conservation reserve
"bid" procedure at an annual pay
ment for 10 years of f 3,000. - I
selected the practice to establish
a permanent vegetative cover for
soil protection. I expect to es
tablish and maintain this perma
nent vegetative cover myself. I
live on my farm and can produce
livestock, poultry and garden for
home use only. I am now receiv
ing social security benefits. Will
the conservation reserve payment
for taking my entire farm out of
production affect my social se
curity benefits?
A. You will lose your social se
curity benefit each month in which
you render substantial services.
The time you spend in establish
ing and maintaining cover crops
and the time spent in controlling
noxious weeds, as well as any
services rendered in any other
business, is considered in deciding
whether your services are sub
stantial. The time spent working
on your gardening and caring for
livestock and poultry for home
use will not count.
MWKN0WS?
1. What is an "Indenture?"
2. Name the capital of Connec
ticut 8. Who is the author of "See
Here, Private Hargrove?"
"- 4. Who was the founder of the
Franciscan order of monks?
6. Intentify; JTeari Valjean.
What was Moses father-in-law's
name? , t .
7. What' ii, mildew? j ' ,
i d. Where are the three smallest
bones in th body located?
9. Does air have weight? ,
10. When wa the first -transcontinental
telegraph line ' com
pleted in the U. S.t ' . ? .
Answers To'Above 1
. I.- A sealed agreement between
two or more parties. :v
2. Hartford. V
8. Marion Hargrove. v
4. Francis of Assissi.
- 6. He was the hero of Victor
Hugo's "Lf3 MiseraUes."
6. Jcthro.
7. A v;;etAlle fungus.
8. la tag ear.
: c i c. !..wr 2:.. r
' WASHINGTON 1975, the
average income of American
farnilies,' after paynent of all
' taxes, should be at east Y,iuu,
as compared with a riresent aver
' age disposable incoiie of $5,300
per family, Jhe Ccpmittee for
Economic Development pre-
tticted..;; , nt, 1-t
. "Achievement ' Jt', tlii high
tveraee income isnot an imae
Ined Utopia) it is apractical goal
tearch and Policv Committee de
Qared in releasing the .results of
t study by a subcommittee of
businessmen and economists
headed by Harry Scherman,
Chairman of the boird of yie
t Book -of-the-Month Club, Inc., of
Hew Yorto
Entitled "Econoric Growth in
;i Ae United StatesAlts Past and
future,"; the stitement ? called
or "unending viiilance" by both
1 tdividuals and government to
, isure that the most is made
' I the hation'scrowth-producing
; tentials. Itstressed improve-
: sent of public education, con-
muous investn.ent in enter
Vrise,; increased private savings,
tiooiiity oi botn labor ana capi
ial, efficient management of
business and of government, and
iy.r.g foreign trade as among the
auentiais tor growtn. .
. '"Only if we manage our eco
t jmic affairs with intelligence
(aA we expect such a 'good life'
an the: material side, shared
GROWTH M OUTPUT
MAN-HOUR
; ;)l4-Vl(
"affn M
ttil i ill
mm.
DISPOSABLE INCOME
Par Family...
, frit . I
y if 1 1
For beat results, buy seed tested for
: , ' i Puritv mnA Germination
Wo ro qualified to handle Madison County
ASC PURCHASE ORDERS
.nmi i-rrn J I (Mr i.:
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t: s. r.:c::j:o:i c c3:.:?Anr
39-41 North Lexingion Ave. ' Phono i ALpine 3-2348
, ' v AHFVILLE. N. C. - '
Hot Springs News
, ' REV. JIMMIE ROGERS, Correspondent
Hot Springs Boya Win , Home Missions Week of Prayer
".t gLo In Tourney . I March 2 through March 8 The
Hot Springs boye won the first regular monthly meeting will be
game of the. tournament by down-; held on Friday night at the home
among the entire population,"
the statement asserted. Our
growth will depend mainly, it
stressed, 4'on millions of daily
private decisions."
, ii'The initiative and wisdom
shown in the conduct of every
business enterprise, large or
small, and in the actions of ev
ery individual in pursuit of his
welfare, will add up to the grand
result and be the principal de
terminant of the outcome," the
report declared.
Pointing out that future eco
nomic growth also will be af
fected "to a very large extent
by the policies and activities of
government." the Committee de
clared e must be more con
cerned than ever about two
controlling matters: , first, the
heed of attracting competent in
dividuals into government serv
ice: and second, to broaden and
clarify public understanding of
governmental matters."
continued growtn is the more
important today, the statement
said, because of competition by
the Communist bloc.
CED is composed of 150 busi
ness executives and scholars who
conduct: research and develop
recommendations for promoting
national .economic development.
Its Research ' and Policy Com- -mittee
is headed by Frazar B. .
Wilde, president of the Connec-,
ticut General Life Insurance
ing Laurel, 66-87, in a fast mov
ing game that was was well play
ed hy both teams. Leading scor
ers for Hot Springs were Sidney
Harrison with 23 and J. Harrison
with 17. '
Reeves Burgess
Vows Are Spoken
Xtean Harold Reeves of Hot
Springs and Velma Lee Burgess
were united in holy matrimony
in the Hot Springs Methodist
Church March 1, 1968. The re
ception was given in the church
dining hall for friends after
wards. Mrs. Joy P. Gayer gave
a short organ solo before the cer
emony, which was conducted by
the Rev. Joseph Wakefield.
Co. Agent Shotws Film
At Sleepy Valley Meet
The Sleepy Valley meeting
will be held in the Fairview Meth
odist Church at 7:30 p. m. on
March 6. A film will be shown
by the county farm agent. Re
freshments will be served an a
door prize given.
HD Club Met Feb. 27
With Mrs. Swann
The home demonstration club
met in the home of Mrs. W. C.
Swann Feb 27. Mrs. Swann, t!he
newly elected president, presided
over the meeting. Devotions were
given by Mrs. Jinunie Rogers.
Mrs. Janie "Ramsey, assisted by
Mrs. Edsel Ruckner, gave a re
warding program entitled "The
importance of making a will,"
and a brief in- refinishing of .old
picture frames.
' W. M. U. will be observing the
of Mrs. W. L Collins.
Sewing Club To Meet
With Mrs. Sumerel
The StLtch-and-Chatter Sewing
Club will meet Wednesday after
noon, March 12 in th liome of
Mrs. E. B. Sumerel.
Friendship Club To Meet
With Mrs. Gorenflo
The Frienship Club will meet
at the home of Mrs. John Goren
flo March 11. Mrs. Bill Fergu
son will be assistant hostess.
Around Town
Mrs. Eva Norris has been on
the sick list.
Xancy Lippard was visiting on
the evening of March 3 in Hot
Springs.
Over the week-end Mr. and
Mrs. Troy Harrison had as their
guests Mr. and Mrs. Williamson
and son, Johnny of Wayneaville;
and Mr. and Mrs. Charles Foster
and son, Jeffrey, of Bluff City,
Tenn. The Fosters visited witti
Mr. and Mrs. Foster also.
Mrs. Jocey Maney, the mother-in-law
of Bud Ramsey, returned
to her home in Hot Springs af
ter spending the winter with Mr.
and Mrs. Hise, daughter and son-in-law
of Mrs. Maney, fn Wash
ington, D. C.
? . . .vL
Mr. and Mrs. Jim Kaieig&v
son, Dan Raleigh, is home from
overseas on furlough. : I
.Tnhnnv Lawson. a Marine Sta
in OiiBnt.ii. Vi.. visited
liftWBon. over the weeic-ena i
March 1.
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