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October 15
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∙ 11y ago
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When will they announce social security increase for 2012 or will there not be one?
Typically, SSA announces the COLA in October. Last year it was October 15th!
What happen if you get married and you get social security not social security disability?
In this case you should notify the Social Security Office of your marriage. it might increase the amount of your social security benefit's, if your husband or wife also collect social security payments.
Will social security benefits increase in 2013?
May br
Is it possible to increase monthly social security income?
if i am receing my spouse social security is it possible for me to get my own when i am 66 years old
Will social security check increase if you pay in more?
SURE IT WILL. And if you continue to work and contribute to the social security and medicare insurance program until age 70 your benefits will continue to increase.
Will there be a increase in social security checks in 2017?
No one knows yet.
Do you figure the percentage of increase according to your net social security check?
yes
Did the maximum social security withholding amount increase in 2010?
No. The last increase was in 2008; there will be no change for 2010 or 2011.
What are Barack Obama's views on social security?
If he is elected he wants to increase the amount of income that is taxed to provide monthly social securitry benefits. He believes that social security is the most important social program in the country
How does working more years increase social security?
When a persons work they are productive and as a result of this increase the amount of cash that finds its way into the hands of the Government. Not to mention that a number of people that would otherwise have ended up relying on social security are still supporting them selves, instead of drawing money from social security.
If you are still working at age 66 and receiving Social Security Benefits do you still pay Social Security taxes on your work income If so do your Social Security benefits continue to increase?
Your age does not affect the requirement to pay SS taxes. Yes, as you gain additional work credit, your benefits may increase.
How much is the 2008 Federal cost of living increase?
http://www.ssa.gov/pressoffice/pr/2008cola-pr.htm News Release Social Security Announces 2.3 Percent Benefit Increase for 2008 Monthly Social Security and Supplemental Security Income benefits for more than 54 million Americans will increase 2.3 percent in 2008, the Social Security Administration announced today. Social Security and Supplemental Security Income benefits increase automatically each year based on the rise in the Bureau of Labor Statistics' Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), from the third quarter of the prior year to the corresponding period of the current year. This year's increase in the CPI-W was 2.3 percent. The 2.3 percent Cost-of-Living Adjustment (COLA) will begin with benefits that nearly 50 million Social Security beneficiaries receive in January 2008. Increased payments to more than 7 million Supplemental Security Income beneficiaries will begin on December 31. Some other changes that take effect in January of each year are based on the increase in average wages. Based on that increase, the maximum amount of earnings subject to the Social Security tax (taxable maximum) will increase to $102,000 from $97,500. Of the estimated 164 million workers who will pay Social Security taxes in 2008, nearly 12 million will pay higher taxes as a result of the increase in the taxable maximum.
