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Social Security
U.S. OASDI social insurance system funded by FICA payroll taxes and originally created by the Social Security Act of 1935
3,984 Questions
If social security statement says you receive 1300.00 is this before or after medicare payment?
That's probably the gross amount.
If you are not disabled can you still draw unemployment and Social Security in Michigan?
If you are at least 62 years old, you can receive federal Social Security retirement benefits and Michigan state unemployment compensation if you have earned the SSA's 40 required work credits and qualify for unemployment under Michigan statutes and regulations. The two programs are independent of each other and may be combined to stabilize your income.
There are two important points to remember if you elect to take early retirement. First, your Social Security benefits at age 62 will be approximately 75% of what you would receive if you file at full retirement age (most likely 66); and second, if you find work and your annual earned income exceeds $14,160 (or $1,180 per month during the first year), your Social Security benefits will be temporarily reduced by $1.00 for every $2.00 earned over the limit.
The SSA will offset any overage by withholding benefit checks, beginning in January of the following year, until the total amount is repaid. This may result in several months or more of zero benefits. You have the option of "unretiring" when you return to work in order to prevent this kind of problem, and can then re-retire at any time in the future.
Can you draw workman's comp and Social Security benefits?
Yes, they are unrelated programs that, if you qualified for each of them, you can receive both together.
The Social Security benefits that today's retirees receive are funded primarily by?
Payroll taxes on people who are still working
Can the state of Wisconsin take your social security check for back taxes owed?
If a person owes the the state of wisconsin dept. of revenue back taxes of $13,000. or more can they levy social security and penison monies?
How do you take some of your social security money out early?
The only way to access Social Security money early is to retire early, but within the restrictions of the Social Security System. If you do that, your monthly payments will be smaller than if you retired at the "normal" time or later.
CIF can be used as uniquely identifying the Customers only if it generates something called as Natural Key for each customer. Typically, CIF has CIF key on its side, which changes or can change throughout the life of Customer. So it cannot be used. If CIF gives a unique Customer Id or a Permanent key, then that can be used to uniquely identify the Customer.
Social Security is generally not used as unique Customer Id. This is supposed to be a confidential information.
Can a collection agency take your social security in Washington?
No. Social security and social security disability CAN NOT be garnished by a collection agency, BUT the Federal government can garnish it for child support, back taxes, unpaid student loans or any other money for which it is owed.
SSI on the other hand CAN NOT be garnished by anyone, not even the Federal government since it is awarded by need.
Hope this helps,
Lsqud in PA
== It may be legal but certainly it's unethical...== ... and extremely poor business management. File a formal complaint with his supervisor, and if you don't see any relief there, talk to the police about a possible identity theft report. *The manager is not only risking having your identity stolen, but what rational reason has he offered to you for this practice? *Report this matter, not to his immediate supervisor (who is probably implicit in this procedure), but to your corporate office's Director of Human Resources or Personnel Department and ask if this is an accepted and approved policy of your company. *Ask to see a copy of your companiy's Employee Handbook and the company's Policies and Procedures Manual to see for yourself if it is an approved procedure. *Consult an attorney and ask for an opinion. You may have legal recourse. *Report this to the local, County, State and/or Federal authorities and ask for an opinion. *Better yet, bid farewell & adieu to these bozos and find a company that treats its employees with respect and that keeps confidential information where it belongs, in a locked file cabinet with LIMITED ACCESS to only the company personnel who may have need to know your Social Security Number. *There is "...something rotten in Denmark...." in this matter.
What can be done if a creditor garnishes Social Security benefits?
Answer It depends upon the circumstances under which the garnishment writ was executed. The exemption of account monies is not "automatic", the judgment debtor is responsible for notifying the judgment creditor, the court and the bank of accounts that contain funds that are legally exempted from attachment. If the SS benefits were commingled in the account with non exempt monies the garnishment (levy) is valid. The judgment debtor can file an affidavit with the court where the garnishment writ was granted to have any seized exempted funds returned, but this must be done within the time limit allowed by the laws of the state in which the account is located. If the creditor executed the writ knowing that the funds were exempt and the bank released the funds with that same knowledge, both can be held liable for any financial damage incurred by the judgment debtor due to the invalid levy.
[edited by Ron King]
"Sec. 207. [42 U.S.C. 407] (a) The right of any person to any future payment under this title shall not be transferable or assignable, at law or in equity, and none of the moneys paid or payable or rights existing under this title shall be subject to execution, levy, attachment, garnishment, or other legal process, or to the operation of any bankruptcy or insolvency law."
The only exceptions allowed to date are for Child Support payments and federal taxes. So, no, SS benefits are NOT subject to garnishment in ANY State of the Union. Furthermore, SS benefits are NOT subject to attachment via any court proceeding. The U.S. Supreme Court has held that Social Security funds deposited into a bank account "retained the quality of moneys' within the purview of section 407[.]" Philpott v. Essex County Welfare Bd., 409 U.S. 413, 93 S.Ct. 590, 34 L.Ed.2d 608 (1973). Courts have also held that the funds remain exempt from legal process even if they are commingled in a bank account with other funds, so long as they are reasonably traceable to Social Security.NCNB Fin. Servs. V. Shumate, 829 F.Supp. 178 (W.D. Va. 1993), affd. 45 F.3d 427, cert. Denied 115 S.Ct. 2616.
If your bank has put a hold on the funds but not delivered them to the court, you can have them reverse the hold and report the funds were not available for attachment. Any fees associated with the improper hold may also be reversed and NSF fees from payees on your account(s) may be demanded from your bank. Your bank is responsible for KNOWING [42 U.S.C. 407] (a) and therefore cannot claim ignorance of the status of your deposits. Liability for compliance with [42 U.S.C. 407] (a) attaches upon acceptance of your deposit.
Can you remove or 'opt-out' of your social security number?
== == == == The short:
you can opt out of paying socsec under very limited religious circumstances
you can not opt out of the number itself. More:
Since the question isn't concerned with whether or not one is obliged to get a SSN in the first place, but only about removal of an existing SSN:
If the question is whether you can, as an IRS taxpayer, opt out of paying socsec:
Yes, but only for earnings made a) as a minister or b) as an employee of an IRS-approved religion (in existence and able to provide wages since 1950, registered religious disagreement with accepting social benefits, etc.)
Even with these exemptions filed, any work performed for other (secular) employers will be subject to deductions.
Also, you can unfile these exemptions. Doing either of these (unfiling, other employment) will continue to earn you quarterly SocSec credits, so it should be apparent that there is no way, at least according to the IRS, to "remove" your SSN, once established.
See the exemption forms themselves here:
http://www.irs.gov/pub/irs-pdf/f4029.pdf
http://www.irs.gov/pub/irs-pdf/f4361.pdf
What do you receive from full disability?
A full or total disability will trigger a total claim. The amount of benefit that a person received is dependent on the amount of benefit provided by the specific Disability insurance policy. To find out how much benefit your specific policy pays in a total disability claim, either revert to your original policy or call the insurance company you purchased the policy from.
How much did you have to earn a social security work point in 1990?
In 1990, one Social Security work credit cost $520 in earned wages, for a maximum of four credits per year at $2080.
Will you lose your Social Security if you get in a lawsuit?
Generally, no. If you are a party to a civil lawsuit, your Social Security benefits cannot be seized or garnished under most circumstances. According to federal law (Section 207 of the Social Security Act (42 U.S.C. 407), only the federal government can garnish your benefits, and even then, they typically take only a portion. Benefits may be taken:
- to enforce child support or alimony obligations
- to collect unpaid federal taxes (up to 15% of your monthly benefit)
- to satisfy a non-tax debt owed to another department of the government
- to enforce obligations under the Mandatory Victim Restitution Act (18 USC § 3613).
Once the benefit amount is in your possession, however, the government will not help you protect it; you must be able to demonstrate the source of your income is Social Security. If you are in danger of having to pay a settlement in a civil action, the best way to protect your Social Security check is to open a separate bank account used only for deposits from the SSA.
If you also receive Supplement Security Income (SSI), it cannot be garnished or levied by anyone for any reason.
For more information, see Sources and Related Links, below.
What effect did the social security act have on Americans?
it had the effect of having things more civilized
Was social security medicare and medicade important to the success of the us?
Please provide more information/context/clarification to help us answer this question. You can post your response in this answer text by clicking "Edit."
Do you have to pay taxes on land you sell if you are on social security?
The answer is Yes! Social Security benefits are non taxable but any other money you receive from sold land will have to be listed on your IRS form and yes you might have to pay taxes depending on the amount. If in doubt contact the IRS. Taxation depends on the money you get.
Are subsidies to farmers considered entitlements llike social security and medicare?
Subsidies to farmers are a means to insure they can still make a profit when they sell their crops seasonally. Food is cheap, and as such, a farmer may or may not be able to make a living farming.
so, no.
What is the elimination period for social security disability benefits?
For the disability income insurance run by the Social Security Administration, the elimination period is five months.
Source : Insurance Producer
Can you use a person's Social Security number to locate their current place of employment?
Individuals cannot access such information. Persons or creditors can only obtain the information by use of the discovery process after a judgment has been entered against the debtor. There is only one exception to the above, although for personal use would be illegal. Any IRS or State Tax Agent with database access can locate an individual in a small manner of computer moves. This is how they show up at your workplace when you don't know they're coming. For a regular guy, find out where they live and ask a neighbor, or have them followed to work by an Investigator.
What does this term mean in social security 20 CFR 404.970 and 416.1470?
Those are the relevant portions of the Code of Federal Regulations. Those sections in particular include reasons the Appeals Council will review the unfavorable decision of an administrative law judge.
(a) The Appeals Council will review a case if-
(1) There appears to be an abuse of discretion by the administrative law judge;
(2) There is an error of law;
(3) The action, findings or conclusions of the administrative law judge are not supported by substantial evidence; or
(4) There is a broad policy or procedural issue that may affect the general public interest.
(b) In reviewing decisions based on an application for benefits, if new and material evidence is submitted, the Appeals Council shall consider the additional evidence only where it relates to the period on or before the date of the administrative law judge hearing decision. In reviewing decisions other than those based on an application for benefits, the Appeals Council shall evaluate the entire record including any new and material evidence submitted. It will then review the case if it finds that the administrative law judge's action, findings, or conclusion is contrary to the weight of the evidence currently of record.
You would like to retire what papers do you need to take to the Social Security office?
Your Social Security card, they know everything else!
