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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

What is the income threshold for exemption for Medicare deduction from Social Security?

There is no income threshold for Medicare taxes. While the 6.2% Social Security tax is only deducted from the first $106,800 of gross income, you continue paying 1.45% for Medicare on all wages earned.

What has posed the greatest threat to Social Security and Medicare during the 1990s?

In general, the greatest threat to Social Security/Medicare in recent years has been that, because of increased benefits and increased number of retirees, they are no longer actuarily sound.

Is there any way that my child can receive social security benefits from her father?

Minor children (under 18) are eligible for SS survivor benefits upon the death of a parent whose work history qualifies themin accordance withSS regulations. If a livingnon custodialparent is receiving SS benefits of any sort thosebenefits are subject to garnishment for child support obligations.

Can i get money for caring for my disabled husband?

Yes. There are programs, but getting these funds is income dependent. If your husband is a veteran the VA has assistance you can apply for. Contact your local VA service office. Social security should also be contacted for disability benefits. Look up local caregiver groups and agencies to get help as well. They have people who specialize in getting people help and money.

What month do they come up what the raise fo social security will be?

Oct. 15 th Actually, Call 1-800-772-1213 or visit www.socialsecurity.gov for answers. Take information from anywhere else at your own risk.

Can a person with only social security income file chapter 7 to discharge their medical debts if they live with their parents?

In a word yes. You sound like a perfect candidate for chapter 7 bankruptcy. The court looks at an individual's income, which would include the social security income, and the debtor's expenses. The income is listed on schedule I and expenses on schedule J. To file chapter 7 there cannot be any disposable income (the difference between the income and expenses) left over. If money is left over, then the court would say, you have money left at the end of the month, so file chapter 13 and pay your creditors that amount. I assume your social security income is low, but since you live with your parent's maybe your expenses are not high. Again, your expenses need to be basically the same of a negative to file chapter 7. Hope that made sense and helped.

If you collect Social Security does it reduce your unemployment benefits in Illinois?

Yes, it does. Illinois unemployment law allows the state to reduce your unemployment compensation by 50% of your Social Security benefit. Illinois is one of only five states that still apply an offset to unemployment.

For more information, see Related Questions, below.

Who is a person appointed to oversee property and finances?

A legally appointed and approved Trustee(s). Get a lawyer. Name the person(s) or business and have it notarized and witnessed according to regional legal requirements.

What if you receive social security and also earn cash?

You have more money each month.

If you receive social security disability (SSDI) you are allowed to earn up to a certain amount before it affects your benefits.

If you receive Social Security after reaching the required age, you can make as much money as you want. You may have to pay taxes on some of that depending on the amount earned.

When does social security disability convert to normal social security?

age 62

Once you receive SSD, you do not receive your regular SS benefits. They DO NOT convert over. I have been down that road.

What if my Social Security check is missing?

You need to call the Social Security office toll-free at 1-800-772-1213 between the hours of 7:00 am and 7:00 pm, or walk into a local field office and ask.

If you were receiving a paper check, contact them as soon as possible to have a stop-payment placed on the check. They should then issue a new one.

If you're not using direct deposit for your monthly benefits, you are strongly encouraged to do so.

How do social security and Medicare work?

Social Security provides cash payments, and Medicare provides health care, to citizens age 65 and older or permanently and totally disabled. Both programs are funded by payroll taxes.

Will workers' compensation cover employees that are getting paid in cash and has no social security number?

Yes, believe it or not, it will. The law on workers compensation places the responsibility on the employer, not the employee. The fact that the employer is behaving illegally does not absolve him from his legal responsibilities. If an employee is hurt on the job, he is entitled to workers comp.

Now the insurance may not pay, but the employer must. If the employer does not pay a frequent course of action is for the state to pay and fine the employer for far more than the cost of the medical treatment.

What are the benefits of Saccharomyces Boulardii?

Saccharomyces Bouladii is a type of yeast. It is often taken when someone is taking antibiotics. It is useful then because it does not interfere with the antibiotics and it helps the natural yeast develop in the intestine.

Where is the Social Security Office of Hearings and Appeals in Detroit MI?

If you cannot work due to a physical or mental condition, you should contact a Michigan Social Security Disability Attorney or Lawyer immediately for a free consultation and free advice regarding your Social Security Disability or Supplemental Security Income appeal hearing in Michigan. Social Security Professionals consists of Social Security Disability Lawyers and Attorneys in Michigan who handle Social Security Disability hearings and appeals throughout Michigan at Disability Appeal offices in Oak Park, Detroit, Lansing, Flint, and Grand Rapids, Michigan. If you have received a notice of disapproved claim or denial of SSD, SSDI, SSI, Retirement, Survivors, Disability or Supplemental Security Income benefits, you will need to file an application for appeal called a Request for Hearing and you should call to speak for free to a Disability Attorney in Michigan at once

If dad goes in a nursing home does mom keep his pension and social security?

No. The father would need to legally sign over such payments and then Social Security would have to be notified since this could change any entitlement.

You are on disability the children are over 19 you went 6 months with no income can your ex wife collect for that 6 months?

If the issue is child support that would depend on the terms that are in the child support order. If the order stipulates an age over the state's age of majority then it is likely arrearages can be recovered, as disability benefits are subject to garnishment for child support obligations. Relating to child support she would need to file suit or request assistance from the state's department of child support enforcement. If it is for spousal maintenance (alimony) it is unlikely she could recover any arrearages.

How can persons 65 years old and over reduce or avoid income taxes on investments and social security income?

The best way is to keep your income low and to use tax advantaged ways of investing. The income levels for social security change depending on your marital status. Using single as your status you'll need 85 percent of your social security and taxable income to stay under $11,500. Note that if you have nontaxable interest such as municipal bonds it's added to determine if your social security is taxable. You can get significant saving from qualified dividends, the maximum tax rate is 15 percent, and if you are in the 15 percent or lower tax bracket the dividends are tax free.

Department of social services in Puerto Rico?

www.familia.gobierno.pr (website - Spanish only but if you need help in English many people in Puerto Rico are bilingual and the Department should be able to find someone to help you out.

What was Aid to blind 1935 social security act and how did it work?

The Social Security Act of 1935 provided for Aid to the Blind, among other programs. It was for persons with little or no income/assets who were "legally blind" (i.e., as defined in Social Security regulations). It was largely replaced by Supplemental Security Income in 1974,

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