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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

Can Social Security Disability benefits be garnished in Utah?

If the debt relates to tax arrearage and/or child support then yes, SSD benefits can be garnished via a court order.

SSD cannot be garnished for creditor debt.

Is Florida one of the states that offset unemployment benefits by your Social Security benefit amount?

No. The five states that offset unemployment benefits by your Social Security are: Illinois, Louisiana, South Dakota, Utah and Virginia.

South Dakota and Virginia formally repealed their offset laws, but have a provision allowing them to reduce unemployment compensation by 50% of your Social Security benefit when the state unemployment funds drop below a pre-determined threshold. The long recession and high unemployment rate have triggered temporary (but indefinite) offsets in these states.

Is it legal to print social security numbers on payroll check stubs?

Effective January 1, 2008, employers are prohibited from including an employee's Social Security number in its entirety on wage statements. California Labor Code § 226 requires that private employers furnish each employee with an accurate, written, itemized wage statement containing nine particular items. Formerly, one of these items was the employee's Social Security number. Now employers must still print identification numbers on their wage statements, but are permitted to use only the last four digits of the employee's Social Security number or an employee identification number other than a Social Security number. This change applies to both paper and electronic wage statements. The law applies only to the wage statement accompanying a paycheck, but it is recommended that full Social Security numbers be removed from paychecks as well.

What is the meaning of the letters in a UK national insurance number?

The letters are used to route traffic and result in the location of the policies that are needed by policy holders and by their carriers who offer them insurance.

Can a collection agency garnish Social Security Disability benefits for medical bills in the State of Tennessee?

No. However, the debtor must provide documentation to the court at the time of final judgment notice that the funds that are in jeopardy of being attached are exempt under federal law.

Beneficiaries of such funds should always keep them separate from all other monies and have the bank account noted accordingly.

How does social security premiums influence staffing?

Social security premiums may influence staffing because certain jobs are not required to pay social security. If one is an independent contractor and works from home, they will pay the IRS money, but not social security.

How are social security retirement benefits paid for?

If you're talking about retirement benefits, you should receive your first check or deposit in the month following your first month of eligibility; benefits are always paid in arrears. If you're talking about disability benefits, there is a five month waiting period, so you should receive your first check or deposit in the sixth month after the date disability was approved.

Benefits are paid according to the birth date of the person whose earning record is being used to issue payment:

1st - 10th.....................second Wednesday of month

11th - 20th...................third Wednesday of month

21st - 31st....................fourth Wednesday of month

SSDI + SSI...................third day of month

Approved prior to 1997...third day of month

SSI only........................first day of month

If the regularly scheduled payment falls on a holiday, the benefit will be issued one business day prior to the usual date.

Can you collect unemployment benefits and pension benefits at the same time in the state of Ma?

I worked for 30 years and retired at 60 - started collecting my pension but went back to work in another job for 3 months and then got laid off. Am I able to collect unemployment and does it comefrom the 30 year job or the 3 month job.

Can you get Supplemental Security Income if you don't have any work credits?

Yes. Supplemental Security Income (SSI) is a Federal income supplement program funded by general tax revenues (not Social Security taxes), and is available to qualifying individuals regardless of work history.

To receive Supplemental Security Income, one must meet citizenship requirements, have limited financial resources, and be either over 65 years of age or "totally and permanently disabled" as defined by Social Security regulations.

What happen if you get married and you get social security not social security disability?

In this case you should notify the Social Security Office of your marriage. it might increase the amount of your social security benefit's, if your husband or wife also collect social security payments.

What is the best way for you to build a credit history if you are not a US citizen but have a Social Security number and are married to a US citizen?

You do not have to be a US citizen to obtain credit. You simply need to find a lender willing to put you in debt! You can begin by establishing a relationship with a local bank. Speak with banker, or loan officer and tell them your goals. You want to express the desire to purchase a car and a house. This represents potential income to the bank. They will give you specific steps to take which can help you get there. You will need to establish at least 3 open credit accounts. Your local bank can extend a secured credit card and a personal loan secured by a Certificate of Deposit. These types of accounts require you to deposit money, which the bank will hold. Because these types of accounts are less risky for the bank, they are more likely to grant them to a credit beginner. This will get you started. Ask your banker what they recommend for a timetable. Follow their suggestions, and at the appropriate point, approach your banker again for another secured credit card, or possibly automobile financing. Following these steps will provide you with an excellent start to building a good credit history. In as little as 18 mos, you can be on your way to borrowing up to your eyeballs like the rest of America! Ain't capitalism grand?

Can the bankruptcy trustee take money for debt repayment in the six month period after bankruptcy disbursement if they receive a large Social Security Disability payment?

Typically no. There are no absolutes here. If you disclosed to the Court that you were in the process of obtaining Disability, you should have nothing to worry about. However, if you kept this info from them, I would ask the lawyer who handled your case. * No. All Social Security benefits whether disability, SSI, or regular pension benefits are exempt from bankruptcy action.

Do Colorado teachers pay social security tax?

No, Colorado teachers pay into an "independent" retirement account and are exculded from social security.

Can you sue a company for misuse of your social security number?

Almost certainly if it caused you harm. However if it did not and was a simple mistake an apology may be more appropriate.

Does the government confiscate a persons home if that person is on Social Security disability for a certain amount of time?

No. There are no penalties for collecting Social Security benefits for an approved disability. If you are also receiving Supplemental Security Income (SSI), which is a form of welfare, there are restrictions on the assets you can own and still receive benefits, but your home is exempt from that formula. The government will not confiscate your home.

How did the Employee Retirement Income Security Act of 1974 allow greater diversification of pension fund investments?

The act stressed that investments need not be examined individually by regulators, but in the context of an entire portfolio, thus granting much greater leverage to and placing more emphasis on fund managers.

Do you qualify for spouse social security benefits you have been married 8 years?

I was married 8 years when my husband passed away and they sd i wasnt able to get ss>?

Can you draw Social Security disability for Parkinson's?

Yes, to receive SSI or SSDI a person must be considered disabled. Disabled means that the person's impairment will last at least a year or result in death and that they cannot work any job in the national economy.

Does VA disability compensation benefits count as earned income?

no it dose not, its is concidered a non taxable income, much like social security disabilty income

What is the amount charged for failing to provide a Social Security number on your tax return?

You probably would not be fined, only have the return sent back so you can provide the information. If you voluntarily refuse to give it, you will have problems.

What state starts with 459 For social security?

A social security number that starts with 459 was issued in Texas from 1936 to 1988. It indicates where the number was issued, not where the person was born.

When did Social Security Benefits become taxable under the IRS Income Tax Code?

In 1981 the National Commission on Social Security Reform (sometimes referred to as the Greenspan Commission after its Chairman) was appointed by Congress and President Reagan to work on the financing crisis in Social Security. The result of their study included several amendments that were passed by Congress, signed by President Reagan and made into law in 1983. The specific rule applying to the taxation of Social Security benefits for the first time is copied below:

If the taxpayer's combined income (total of adjusted gross income, interest on tax-exempt bonds, and 50% of Social Security benefits and Tier I Railroad Retirement Benefits) exceeds a threshold amount ($25,000 for an individual, $32,000 for a married couple filing a joint return, and zero for a married person filing separately), the amount of benefits subject to income tax is the lesser of 50% of benefits or 50% of the excess of the taxpayer's combined income over the threshold amount. The additional income tax revenues resulting from this provision are transferred to the trust funds from which the corresponding benefits were paid. Effective for taxable years beginning after 1983.