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What are total social security payments for beneficiaries?

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Will dividends and capital gains affect social security payments?

In general, the size of our Social Security  retirement checks will depend on your lifetime earnings record and  the age that you begin collecting your benefits. If you star

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Can your Social Security payments be garnished?

No, all SS benefits are exempt from creditor garnishment. They are not exempt from garnishment by the IRS for tax arrearages and in some instances state tax arrearages. Gener

Is social security called federal benefit payment now?

Social Security has been called a federal benefit payment since it was created in the 1930s. The term "federal benefits" applies to a large number of programs, including Socia

Do Social Security payments increase in different states?

No. Social Security retirement and disability payments are determined primarily by your earnings record, the number of work credits you've accumulated, and the age at which yo

Are taxes withheld from social security payments?

Taxes are withheld only upon request. Contact the Social Security Administration if you want taxes withheld. Remember that withholding has nothing to do with whether you nee

Who do you call if your social security payment is not what it is supposed to be?

You should contact the social security administration for some assistance with this matter. The below contact information come from the SSA gov website SOCIAL SECURITY BENEFIT

Does owning a home affect social security disability payments?

No. Social Security Disability payments are not based on assets, but on income. Owning a house may affect SSI (Supplemental Security Income) payments, especially if the house

What is the average payment on social security disability payments?

The average for October, 2012 was $1,111.09. Payments are based on the disabled individual's work history (in essence, how much they've paid into the social security system).

Can you stop your Social Security payments if you go back to work?

Yes, you can, but if you took early retirement you will have to pay back all the benefits you received before the Social Security Administration will starting counting earned

Can your Social Security payments be garnished to pay back taxes?

  Yes, SS benefits are not exempted from collection of tax arrearages.   The IRS has been known to seize the entire amount of SS benefits, but that is unusual, generall

Does your social security payment increase if you keep working?

YES the monthly amount that you would receive will increase each year by a certain percentage amount until age 70 if you continue working and receiving earned income. You can

Are social security disability payments taxable?

The general rule of thumb is no, SSDI or SSI are not taxable provided they are the only source of income for an individual or family, however if an individual or family receiv