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Persons eligible for Social Security or Social Security Supplemental Income (SSI) in November or December 2008 or January 2009 will receive a $250 check in May 2009.
2009 cn't be filed until the year is over, and before April 15 2010
All Social Security recipients receive COLA (Cost of Living Adjustments) in the years in which they are given. There was no adjustment for 2010, nor will there one for 2011 because of the way the government calculates inflation. Cash benefits will be paid at the same rate as in 2009.
2009 cola social security is the Cost Of Living Adjustment for retirees or disable people for 2009 obtaining a benefit from social security, in other words, it is how much more the person receive each year in their monthly benefit/check, so it balances with the monetary increase of the CPI (consumer price index)- [which determines the cost of services and products such as energy, food, medical and transportation.] So the amount they receive can be used to keep up with the increases in the cost of daily living
They will receive a payment, but the details of how and when it will be done have not been worked out yet.
According to the SS web site, it is $106,800. You can go to the site and search on "maximum earnings subject to social security 2009".
you can contact the Social Security Administration at 800-772-1213 and a representative can mail it to you.
In 2009, $106,800 for Social Security. No maximum for Medicare.
It was 5.8%.
In 2009, more money (23%) was spent on defense than any other outlay. However, outlays for social security and for Medicare/Medicaid were close behind. In all likelihood, the trend will reverse in 2011 with social security being the largest outlay.
Call Social Security at 800-772-1213 for your exact amount, but it will be a reduced amount of your full retirement. Each person's amount is based on a percentage of his earnings, so you have to call SSA to find out. It's possible you can get the answer online, too, at SSA.GOV.
For 2008, the maximum social security tax withholding for an individual is $6,324, the tax on $102,000. For 2009, the maximum social security tax withholding for an individual is $6,622, the tax on $106,800.