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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

Does marriage infect social security benefits including social security disability social security income and social security associations?

If while receiving social security retirement benefits, I get married, can my wife receive thru me, and if so how much if my monthly check is, $1738.

What is the percentage that you pay back if drawing social security at age 62 and make 21000 annually?

The SSA does not have a percentage amount that they will use to determine the amount. Do not let this discourage from earning as much as you want because of the earnings test amount because in future years your monthly benefits will be increased because of this pay back amount.

The below information is available by going to the SSA gov website SOCIAL SECURITY BENEFITS ONLINE and use the search box for earnings test amount

Your husband and you draw Social Security and have tax taken out before you receive your check When you file your taxes do you have to again pay taxes on that money?

When you file you will calculate the correct amount of taxes that you actually owe.

If not enough was taken out, you will have to pay more.

If too much was taken out, you will get a refund. Yes the tax you had withheld is taxable...the entire amount you receive, whether you put it in a savings account at the bank, or one with the IRS is taxable. Tax due isn't deductible from taxable income...that would be circular.

Is social security disability judgment proof in Missouri?

Social Security Disability and Social Security is judgment proof from debtors in all states.

If the employer pays the employees' portion of the Social Security tax what is that percentage?

For the social security amount and the Medicare the total percentage is 15.3%.

Employer and employee each is supposed to pay one half of the amounts.

Employer Medicare 1.45% SS tax 6.2% equal 7.65%.

Employee should be the same amounts.

Who benefits from social security benefits ex-wife or current wife.?

I am an ex/wife of a man who I was married to for 12 years, his second wife has died. Can I collect on his social security when he passes away?

Answer: Yes

Does a newborn receive a social security number when the birth certificate is issued?

No. The parents have to apply for it for them and show the documentation of where the baby was born whether it be at a hospital or elsewhere.

Are Social Security benefits protected from garnishment in the State of Michigan?

Federal laws protect Social Security benefits in all 50 states, including Michigan. Only the Treasury Department may garnish your check, and only for limited reasons, such as:

  • Unpaid child support
  • Unpaid alimony
  • Delinquent federal taxes
  • Debit owed to other federal departments

Regular creditors may not garnish your Social Security benefits, but they have been known to freeze and levy recipients' bank accounts after the check has been deposited, or direct deposit made. If this happens, you will need to go to court to stop them.

One good way to protect your benefits is to open a bank account used solely for Social Security benefits, and use a separate account for any other forms of income you may have.

If anyone threatens to take your check, tell them such action would be a violation of Section 207 of the Social Security Act (42 U.S.C. 407).

What is the purpose of social security taxes?

Thats where the money comes from to pay you social security.

Can a California resident collect unemployment if they are old enough to get Social Security benefits?

Neither relies on the other for eligibility. You have to qualify for each of them as they are separate programs with their own rules.

Will your Social Security payments be reduced when your spouse becomes eligible and receives his Social Security?

No. Your benefits are calculated individually and do not change when your spouse begins receiving his or her benefits.

Do you have to report social security on your unemployment claim form?

Social Security already has all the work history/wages they need to determine your eligibility (based on the previous deductions from your paychecks) and your unemployment benefits plays no part in their consideration.

Is there any expiration date on the social security number which was granted to the F1 visa student who worked on campus?

Social security numbers do not expire. They belong to the person who receive them for life. If the person legally returns to the United States, they would pick right back up using the same social security number.

Can hand surgery on the dominant hand lead to not being able to continue to work if you make your living with your hands and draw social security if you are 59?

Social Security Disability is available to those persons who have become disabled either from injury or illness and are unable to continue working. The person must have a specified amount of work quarters to qualify for SSD. Those persons who do not qualify under SSD regulations are generally elgible for SSI and early Medicare benefits. Specific information can be found and all SS forms can be downloaded at Social Security Online, http://www.ssa.gov

Does New Hampshire tax social security?

There is no income tax in NH on anything other than business income or dividends and interest.

What do you do with uncashed social security checks?

If they were yours you would cash them. It is assumed they are payable to a deceased person. They must be returned to the Social Security Administration. Keeping or cashing checks made out to another payee is a criminal offense.

If you are living off Social Security and a reverse mortgage have no estate but a house and car can a credit card company take these to satisfy their claim?

Maybe. It is difficult without knowing the state of residency to give an opinion. Every state has Homestead and other exemptions that prevent property from being attached and sold by creditors. Many states have statutes that specifically protect property of senior citizens and/or disabled persons. Social Security is 100% exempt from attachment by creditors. Other income and property "protection" is covered (or not) by state laws. It would be a good idea for the person(s) involved to consult an attorney who is well versed in Elder Law. Usually you can obtain a consultation or advisory session free or at a nominal fee.

At what age will social security and medicare taxes not be withheld from income?

Death usually stops taxes pretty well. If you earn income (which includes receiving a pension), expect to pay taxes on it for as long as you are alive.

The above may be correct for income taxes, but NOT nessasarilarly for FICA/Medicare, which are actually considered insurance. Your age, and if your collecting any benefit already, and if you get an increased beenfit with additional earnings are all factors to answering this.

What is the Difference between gross pay and social security wages?

From the employer to the employee no difference gross pay earnings and social security wages earnings would be the same thing.

Does the wife get half of your social security when you retire?

In 2007 my mother at the time was 64 and drawing social security from her spouse who passed away in Aug 2006. In 2007 she only earned $14,040.00. Then in 2008the next year at age 65 she earned $32,220.00. Social Security is trying to make her pay back over 8,000.00 for the year 2008. Why is she having to pay back. Isn't after the first year you can year any amount.