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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 different between social security insurance and social security disability?
Social Security Disability Insurance (SSDI) is financed with Social Security taxes paid by workers, employers, and self-employed persons. To be eligible for a Social Security benefit, the worker must earn sufficient credits based on taxable work to be "insured" for Social Security purposes. Disability benefits are payable to blind or disabled workers, widow(er)s, or adults disabled since childhood, who are otherwise eligible. The amount of the monthly disability benefit is based on the Social Security earnings record of the insured worker. Supplemental Security Income (SSI) is a program financed through general revenues. SSI disability benefits are payable to adults or children who are disabled or blind, have limited income and resources, meet the living arrangement requirements, and are otherwise eligible. The monthly payment varies up to the maximum federal benefit rate, which may be supplemented by the State or decreased by countable income and resources. See Understanding Supplemental Security Income for an explanation of SSI benefit payment rates
Can Social Security Benefits be in lieu of child support payments?
If the child's RSDI benefit is based on the obligor's SSA account, it is considered child support. If that benefit exceeds the amount ordered for child support, the obligor does not owe any additional payment.
Can I pray for my Social Security card online?
You can find the application for a social security card online, but you cannot submit it online. if you go to the social security website, you can find the application in pdf format and the address of where to send the form to.
Can you sell your home while collecting social security disability?
The short answer is yes. The long detailed answer would depend highly on your credit score, income, debt to ratio etc.
There may be special financing programs for you such as low down payment programs that can help you obtain down payment assistance or other benefits since traditionally SSDI recipients make less then the "normal" wage earner.
Again a bank is not going to care about where the incomes comes from (their not allowed to care- Americans with Disability act) but at the same time if you do not "qualify" your not getting a mortgage.
Start with a mortgage broker and see if there are any programs out there to assist you and go from there.
How long do you have to be employed to collect social security disability?
If the child is collecting Social Security Disability from the disabled parent's benefit, he or she may generally collect it until the age of 18. However, under current law, if the child remains a full-time student, benefits can continue until age 19.
Do you pay taxes if your only income is Social Security?
No. Social Security benefits by itself would not be taxable income to you.
Social Security is only taxable if you have other income in excess of certain thresholds. Since you have no other income, your Social Security is not be taxable.
What was a significant flaw of the social security act?
One of the most important flaws of the social security act is that you have a maximum amount you can earn without penalty if you begin drawing your social security before your reach full retirement age. Why does the government want to penalize a person for earning more than the maximum amount allowed when, in fact, the more a person earns the more he will pay into social security. With the threat of social security going broke, you would think the government would encourage an early retiree to go back to work and earn as much as they want in order to put more into the social security fund.
Once you start social security benefits can you stop it for any reason?
If you mean social security retirement benefits, yes, but you must pay back what was received by yourself as well as any amounts from spouses and children from your earnings record. Please do not use this site for Social Security information Contact your local office. Take information from anywhere else at your own risk.
Can you collect on your husbands Social Security Disability if you are separated?
If she was married to him for at least 10 years, she can. See the Related Link below for more information.
What form do Social Security recipients get at tax time other than a W-2?
Social security recipients do not get a W-2 form. At tax time recipiants should receive a Form SSA-1099 for Social Security benefits paid.
Can you have benefit from your husband?
That will depend on the benefits provided by the employer. In many cases, marriage is considered a life event that will allow them to make changes to their coverage and add you to it. But they will have to consult with their HR department to find out the eligibility requirements and the documentation required.
The taxing power can be used to persuade states to adopt certain regulations. An example is when the federal government adopts a policy to supply funds to rebuild highways to States that do not allow drinking under the age of 21.
The social program that is supported by deductions from paychecks of American employees is the?
FICA is the social program that is supported by deductions from the paychecks of American employees.
Payroll taxes are calculated based on the amount of the taxpayers pay and are mandatory deductions. The programs that are deducted from the checks are social security taxes and the Medicare Program.
Does social security pay a month behind?
Social Security disability, survivor, and retirement benefits are paid in the month after they are due. The benefit payment day is determined by the beneficiaries' birth date.
Benefits paid on
Birth date on
Second Wednesday
1st-10th
Third Wednesday
11th-20th
Fourth Wednesday
21st-31st
Can you apply for Social Security Disability while collecting temperary disabelity?
Social Security Disability payments are available to those who have a disability expected to last more than a year. Short term disability is considered to be for six months and is not included in benefits. This is from the Disability Benefits brochure available online.
Can the IRS put a levy on Social Security checks?
A distinction must be made between two possibilities. The first possibility is that the IRS garnishes your social security check, directly through the Social Security Administration. The second possibility is that the IRS levies the bank account where your social security check was deposited.
Yes, but only up to 15% from an account which ONLY has Social Security funds. If any other deposits are made to the account (cash, checks, etc.), then you would probably have to battle in court about the percentage which is Social Security.
20 CFR 404.970
SSR 79-4
Generally, Social Security benefits are exempt from execution, levy, attachment, garnishment, or other legal process, or from the operation of any bankruptcy or insolvency law. The exceptions are that benefits are subject: (1) to the authority of the Secretary of the Treasury to make levies for the collection of delinquent Federal taxes and under certain circumstances delinquent child support payments; and (2) to garnishment or similar legal process brought by an individual to enforce a child support or alimony obligation.
Section 207 of the Social Security Act provides:
"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 IRS can take 15% of your social security retirement benefits under the automated Federal Payment Levy Program (FPLP); however there is no such restriction on the non-FPLP (manual) levies. An exemption amount for reasonable living expenses may be requested, or be applied, to any levies.
What state social security number starts with 542?
A social security number with the first 3 digits being 542 was issued originally in the state of Oregon. Numbers are sometimes recycled due to infant mortality or death occurring long ago.
How do i know how many credits i have for social security?
Check the Social Security site to look up your account to see the number of quarters you have accumulated and your estimated pension. They no longer send out the annual letters.
In all likely hood it would be impossible to obtain a credit card of any kind without providing a social security card number. Without that item, a person's credit records cannot be accessed properly.
Will SSI checks come early this month?
Is Your Ssi Check Say Is For January 3 rd Then I Believe We Should Get Them On December 31 St
Is there a penalty for collecting Social Security benefits and unemployment benefits?
No. They are separate, independent programs that are not affect by the other. You can be eligible for both at the same time as long as you qualify for each of them.
What is Having social capital is kind of like what?
Social capital describes the pattern and intensity of networks among people and or among members of the same ethnic group; it is good for 'getting by' in life.
Noncustodial parent gets ssi can custodial parent get social security child support?
Yes. If the child's RSDI benefit is based on the obligor's SSA account, it is considered child support. If that benefit exceeds the amount ordered for child support, the obligor does not owe any additional payment.
