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What else can I help you with?
Which law offers full coverage for retirees dependent survivors and disabled persons insured by 40 quarters of payroll taxes on their past earnings or earnings of heads of households?
The law you are referring to is likely the Social Security Act in the United States. This program provides benefits to retirees, survivors, and disabled individuals who have contributed to the Social Security system through payroll taxes for the equivalent of at least 40 quarters (10 years). The program aims to provide financial assistance and support to qualifying individuals and their dependents.
Which New Deal program still helps retirees dependent mothers and children and disabled persons?
Social Security Act
What the major components of social security?
Old age insurance for retirees 65 and older and their spousesunemployment compensation systemaid to familieswith dependent children and the disabled
What are major components of Social Security?
Old age insurance for retirees 65 and older and their spousesunemployment compensation systemaid to familieswith dependent children and the disabled
What are the major components of social security?
Old age insurance for retirees 65 and older and their spousesunemployment compensation systemaid to familieswith dependent children and the disabled
Does Kaiser have coverage for retirees moving to New Mexico?
Kaiser Permanente typically offers coverage options for retirees, but the availability may vary based on specific plans and locations. For retirees moving to New Mexico, it's essential to check with Kaiser directly or review their plan options to determine if coverage is available in that state. Additionally, retirees should consider any potential differences in benefits or networks associated with their plan when relocating.
What is Fed oasdi ee on my paystub?
"Fed OASDI EE" on your paystub refers to the Federal Old-Age, Survivors, and Disability Insurance Employee portion of Social Security tax. This deduction is taken from your earnings to fund Social Security benefits for retirees, disabled individuals, and survivors of deceased workers. The "EE" stands for "Employee," indicating that this is a contribution made by you as the employee. The tax rate for OASDI is typically a percentage of your gross wages, up to a certain annual income limit.
Does the sers for the commonwealth of pa have an eye and dental plan for retirees?
Yes, the State Employees' Retirement System (SERS) for the Commonwealth of Pennsylvania offers a vision and dental plan for retirees as part of the retiree benefits package. These plans may vary in coverage and options, so retirees should check with SERS for specific details.
What does SS EC stand for on my paystub?
SS EC on your paystub typically stands for "Social Security Employee Contribution." It refers to the amount deducted from your earnings for Social Security taxes, which fund the Social Security program that provides benefits for retirees, disabled individuals, and survivors. This deduction is part of your overall payroll taxes, which may also include Medicare and other withholdings.
When did the fica oasdi start?
The Federal Insurance Contributions Act (FICA) Old-Age, Survivors, and Disability Insurance (OASDI) program began on January 1, 1937. This program was established as part of the Social Security Act of 1935, which aimed to provide financial assistance to retirees and disabled individuals. Initially, the OASDI program collected payroll taxes to fund these benefits.
Is FICA a government agency?
No, FICA is not a government agency. FICA stands for the Federal Insurance Contributions Act, which is a U.S. federal law that mandates payroll taxes to fund Social Security and Medicare. The taxes collected under FICA are used to provide benefits for retirees, the disabled, and survivors of deceased workers. While FICA is enforced by the IRS, it is not an agency itself.
What are social security taxes used for?
Social Security taxes are primarily used to fund the Social Security program, which provides financial assistance to retirees, disabled individuals, and survivors of deceased workers. These taxes help ensure that beneficiaries receive monthly payments to support their livelihoods. Additionally, a portion of the funds is allocated to Medicare, which offers health insurance to seniors and certain disabled individuals. Overall, Social Security taxes contribute to a safety net for millions of Americans.
