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Do social security recipients get a W-2 form?
Social security recipients do not get a W-2 form. At tax time recipiants should receive a Form SSA-1099 for Social Security benefits paid.
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Yes, they can ask whatever they want. However, unless the job requires a background check for which such information is necessary, I would wait until you're actually hir…ed before providing that information if you're unsure if the company is legitimate. Now, if it's a job at a huge company like McDonald's or Blockbuster or IBM or something like that, they're probably not looking to commit identity fraud or do anything else unseemly. But, if it's a small company that you've never heard of or a single employer, the job does not require a background check, you haven't been told that you've been hired and the prospective employer still asks for this info, it's a little odd. Also, never provide such info to a prospective employer online. I've seen prospective employers via websites like Monster and Hotjobs reply to applicants stating that the job requires a background check and that they can't proceed with your application until you fill out lengthy application forms that include things like your SS#, credit background, etc. Never provide personal information like that via email to a person you've never seen or spoken to.
Apply through your nearest Social Security office
The Wage Earner refers to the person who is working that is responsible (gives financial support) for the individual (also known as the beneficiary) who is applying to receive… benefits from Social Security. With Child Disability claims this would be the mother or father that is employed. For retirement it would be yourself.
George W. Bush raided and spent a total of $1.37 trillion of Social Security surplus during his eight years as president. In his last year, he spent $192.2 billion, which …averages out to more than $526 million per day.
It is a form number mentioned in a sales letter written by Stansberryresearch.com that alludes to getting more money from the Social Security Administration. However, Form 5…21 is the form you would fill out if you were to write a check TO the Social Security Administration paying back the money you have received from taking retirement at an earlier age. The reason for paying the money back would be that you are now eligible (read old enough) to apply for the bigger benefit amount you would be entitled to had you waited. So you would repay what you have received, and then apply and get what amounts to a benefit increase in the form of a bigger Social Security payout every month. Is this legal? According to Forbes.com's research, the answer is yes. There are reasons to seriously consider it, according to their article. (See Sources and Related Links, below). (Google "form 521" without the "-b" at the end, and you can find the article mentioned above for yourself.)
A W-2 form lists the amount of Social Security taxes that were paid during the year.
Retirement (2010) If you've reached full retirement age (65 for people born prior to 1943; 66 for people born between 1943 and 1954), there is no limit to how much you can ea…rn. In the year you reach full retirement age, you can earn $37,680 annually, but for every $3.00 over the limit, $1.00 is withheld from your benefits until the month your reach full retirement age. If you are under full retirement age, you can earn $14,160 per year without incurring a penalty. For every $2.00 over the limit, $1.00 is withheld from benefits. Disability (2010) Most people on Social Security Disability (SSDI) can earn a maximum of $1,000 per month, or $1,640 per month if blind. Any earned income in excess of that amount is considered Substantial Gainful Activity (SGA) and can result in temporary or permanent loss of disability status.
Currently, the social security retirement age is 65. However, you can get the funds out earlier if you were willing to receive less in the way of a benefit. You can check ou…t some great calculators on the Related Link below that will show you the impact of taking the distribution early. Check out the attached link.
Social Security is benefits provided under the Social Security Act (1935), financed by the Social Security Tax authorized by the Federal Insurance Contributors Act (FICA) …and administered by the Social Security Administration. The term usually refers to retirement income benefits, but other benefits include Social Security Disability Income Insurance Aid to Families with Dependent Children (AFDC); the Food Stamp program; Unemployment Insurance; Medicare; Medicaid; Public Assistance for the Aged, Blind and Disabled; Veterans' Compensation and Pensions; Housing Subsidies and Public Housing; Nutritional Programs for Children; and Student Aid.
Certificate of Election for Reduced Spouse's Benefits - SSA uses the information collected on Form SSA-25 to pay a qualified spouse who elects to receive a reduced benefit at …an earlier age.
Answer Perhaps. It depends on whether you have enough non-Social Security income to be required to file an income tax return. Also, for 2007 and, possibly, 2008, you ma…y qualify for an economic stimulus rebate, but only if you file a return. You can find a form on the internet or at the library. Just because IRS didn't send you a form, doesn't mean you are exempt from filing.
In order to collect state unemployment insurance income you must be capable to work. If you are disabled and collecting SSDI then you are not able to work and therefor canno…t collect state unemployment insurance income. Legally, you may only collect one and not the other.
I will start with the facts and figures. Did you know, 54 million depend on Social Security1 out of every 6 people. About 2 out of 3 seniors depend on Social Security for most… of their income, and one-third of seniors rely on it for at least 90% of their income. Social Security's benefits are modest but vital. The average benefit is about $13,000 a year i.e, less than full-time, minimum-wage work. Social security my account is the best to know about the social security.