Who do you pay fica and social security taxes to?
FICA stands for "Federal Insurance Contributions Act." It's the tax withheld from your salary or self-employment income that funds the Social Security and Medicare programs.
The (OASDI) Old Age Survivor and Disability Insurance (FICA) (social security and Medicare taxes) all mean the same tax for social security benefits (SSB or SSDI). All mean the same thing.
The taxes are paid to the UNITED STATES TREASURY DEPARTMENT.
What determines the dollar amount of a retired employee's monthly Social Security check?
The number of fiscal quarters the employee worked during his or her lifetime and the amount of money the employee contributed to the Social Security Trust Fund
Can a widow with two deceased husbands choose which husband's social security benefits to draw?
Yes, if you qualify for survivor benefits from two different people, you can collect the higher of the two benefits. Generally, the SSA will compare all of the benefits you are entitled to and award you the highest benefit.
Can you delay Social Security and collect unemployment?
Yes, you can if you want, but it's not necessary as you can receive both at the same time without either interfering with the other (unless you are in one of the states that offset unemployment by SS benefits - Illinois, Utah and Virginia)
In a social security number what geographic area does prefix 116 represent?
New York SSNs have area numbers (first three digits) between 050 and 134.
What happens if you marry while receiving Social Security Benefits?
Generally, you cannot get widow's or widower's benefits if you remarry before age 60. But remarriage after age 60 (or age 50 if you are disabled) will not prevent you from getting benefit payments based on your former spouse's work record. And at age 62 or older, you may get benefits based on your new spouse's work, if those benefits would be higher.
Can you delay your social security benefits and take your ex-husbands instead?
You have no claim on your former spouse's SS benefits.
What Date first social security check Issued?
First one on the first Certification List and so the first Social Security check, check number 00-000-001, was issued to Ida May Fuller in the amount of $22.54 and dated January 31, 1940.
What is the history of the social security system in the Philippines?
The Philippines has a social security system very much like that of the United States, and its benefits are extensive. It did not firmly begin until the mid-1950s.
If you're on SSD, there is a child benefit child. SSI & Retirement have no such provision. SSI cannot be attached for child support.
The answer changes with many factors...age, disability, married or not, etc, and what may be defined as income, may not be what you expect, so looking at this link will help (for anyone): http://www.irs.gov/publications/p501/ar02.html#en_US_publink100041738 And now you fell into the trap of getting my words of wisdom! There are many reasons to file, even if you don't owe. The gov't provides many benefits to people based on the income (or lack) only if they file (last years incentive check is one of many examples). But, appreciate this - if the IRS (not known for being too concerned about anything or one than themselves) says you don't have to file...who do you think that normally benefits - you or them?
Yes. A judgment can be entered against a defendant but whether or not it can be enforced is another matter. Defendants of civil suits are allowed to protect a certain amount of personal (clothing, household goods, investments, etc.) and real property (houses, land, etc.). Social Security benefits of all types are exempt from creditor action. The judgment creditor can in most instances place a lien against any real property held by the judgment debtor. The laws of the debtor's state and the way the property is titled determines what if any action a judgment creditor can take against a home.
If you are on Social Security disability can you work without losing your benefits?
Yes you can attempt to go back to work without losing your benefits. The Social Security Disability department has special rules that help you keep your cash benefits and Medicare while you test your ability to work. These rules are called "work incentives" or "employment support" programs.
The resources available can help with rehabilitation, finding an employer and even assist you in receiving benefits again immediately if you have to stop working again. There is a full section of the SS website devoted to this specifically, which I have added as a related link.
If you have been on disability for more than 24 months, you can earn an average of $1,000 per month ($1,640 if legally blind) without the Social Security Administration considering the work "substantial gainful employment" (SGA) and triggering a continuing disability review (CDR). If you earn more than $720 per month, the income counts toward your nine-month trial work period.
If you have been on disability for 24 months or less, any work attempt may trigger a CDR, requiring you to demonstrate your disability still prevents you from engaging in full-time work.
In what year did Social Security Benefits and Unemployment benefits become taxable?
Social security benefits became taxable income in the year of 1984.
Can you get Social Security and Workman's Comp at the same time in Texas?
Yes, because they are 2 independent programs that do not affect the other. One is designed for retirement and the other is because someone is injured or ill.
Can a spouse receive Social Security from a dead spouse who never worked?
No. A widow or widower can only receive survivor benefits if the spouse was employed or self-employed, paid FICA taxes, and accumulated sufficient work credits.
in all reality you should never give your social security number until after employement
What is the requirements of a security job?
In order to secure a position as a Security Guard you have to have security training (usually called Police Foundations and security). Depending on what type of security, your personal stature could be beneficial for example a larger structure for the more dangerous security jobs.
Can VA disability and federal medical disability payments be taken by a creditor?
All Social Security (SS, SSI, SSD) VA and the most other disability benefits are exempt from attachment by creditors. It is very important that such benefits be held in a bank account separately and no deposits of any other funds be placed in said account. If the person has reason to believe that a creditor may attempt to garnish the exempted funds they should let the bank and the creditor know that they are exempt under federal and state laws. Some creditors will garnish exempted property either in error or in attempt to coerce the debtor into making a payment agreement or settlement. It would be advisable to consult an attorney if it is believed there is a possibility of garnishment action. Most attorney's offer free or minimal fee consultations, or you might wish to contact your state bar association's legal aid organization.
How do you get someones social security number to collect a judgment?
Get a lawyer, it's a ton of paperwork and the details of what is required to file claims like this vary from county to county let alone state to state.
If you already have the judgment, then you can get a court order demanding the information required to collect it. Once you have a court order, the debtor has to turn over all the information you need or be in violation of the order. This can result in additional sanctions against the debtor, including fines and/or jail time.
Without the judgment and court order, you have no legal right to this kind of information.
Which type of IRA allows tax-free payouts when you retire?
A Roth IRA is what you want for tax-free appreciation. You cannot deduct amounts that you put into a Roth IRA but as it grows the growth is tax free. A traditional IRA is usually deductible in your current tax return based on income and other restrictions. The income for a traditional IRA grows on a tax deferred basis so you pay tax when you tax withdrawls from this type of IRA. If you calculate the income on both with the deductibility of the Traditional and the tax free growth of the Roth, the growth rate on both is about the same over a period of time.
Can you legally buy a handgun in America if you do not have a social security number?
Yes, if you can otherwise legally purchase a handgun, there is no requirement to have a social security number.
What is non-disability income?
ALL of the other sources of worldwide income that you may be receiving or could be receiving that is NOT for your DISABILITY.
If you are receiving social security disability insurance payments for your disability then you are receiving A TYPE OF DISABILITY INCOME.
Or some other company paid or privately paid premiums of DISABILITY INSURANCE PAYMENTS that you could be receiving for your disability.
It is possible for some of the amounts of the above types of disability payment could also become taxable income to you on your 1040 federal income tax return.