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What else can I help you with?
Why does a martial art school need your social security number?
If the school is your employer, and they are taking out Social Security taxes from your pay check then, yes they need your social security.
Social security amd medicare are taking out of your income as taxes?
Yes. Social Security and Medicare are taken out of your income before you see your paycheck. Your employer also pays an additional Social Security and Medicare tax to your account.
When will they stop taking social security out of your check in 2010?
Social Security tax withheld from employees during the year 2010 will be 6.2% of the first $106,800. So, once you've paid $6,621.60 (6.2% x $106,800), you will be done contributing for 2010.
How is Social Security an example income redistribution?
Social Security is an example of income redistribution by taking a small amount of earned income and storing it over time.
What dollar amount do they stop taking social secutty taxes in 2016?
In 2016, the maximum taxable earnings for Social Security tax was $118,500. Any earnings above this threshold were not subject to Social Security taxes.
What are the benefits of taking social security at 62?
Taking Social Security at age 62 allows you to start receiving benefits earlier, providing financial support sooner. However, the amount you receive is reduced compared to waiting until full retirement age.
Can your employer pay for my medicare premium?
can my employer pay my medicare premium instead of taking it out of social security
How do you calculate Social Security benefits?
Social Security benefits are calculated based on your highest 35 years of earnings, adjusted for inflation. The Social Security Administration uses a formula to determine your monthly benefit amount, taking into account your earnings history and the age at which you choose to start receiving benefits.
Can I get social security benefits if I retired from taking care of a family member?
Usually not for that.You only qualify for social security benefits if you earned wages for the work and both you and your employer payed into social security. On normal jobs your portion of this payment is taken automatically from your paycheck in a deduction called the FICA deduction.
Should Workman's compensation use your Social Security as offset for their payments?
If Social Security is a Constitutionally, Legal, Federal Government Program the answer is no. If Social Security is an unConstitutional, Federal Government Program the answer is still no. Money was taken from the workers wages by the Federal Government which promised to return the money at retirement, or in case of a debilitating injury. Legal or not legal, to take a mans money from him without his expressed permission is robbery. Workman's Compensation, by taking a workers Social Security wages, is guilty of theft if Social Security is Constitutional, or guilty of accessory to theft if Social Security is unConstitutional.
When should I use a calculator to determine the optimal time to start taking my social security benefits?
You should use a calculator to determine the optimal time to start taking your social security benefits when you want to make an informed decision based on factors like your life expectancy, financial needs, and other sources of income.
Can you be arrested for using someones else's Social Security number to take out a cellphone plan?
Yes, Identity Theft includes taking or using someone's Social Security Number. Identify Theft that includes theft of services or goods is illegal. Both Identity Theft and Theft of services or goods are criminal acts for which a person can be fined, face jail time, and be required to pay restitution.
