Security Advantage

social security? what determines your social security monthly benefits when you retire. is it the accumulation of all the years you have workedand contributed to social security, or is the most important time period the last 15 years leading up to your retirement.

Social security benefits are indexed to inflation. Would my benefit be reduced if we have negative inflation? I am currently receiving social security benefits. If we have negative inflation in 2009, would my benefit be reduced in 2010? Can you give me a reference to support your answer or a description of your qualifications to answer it. I don't just want an opinion. Thanks.

How to get social security card so that I am able to work legally? I have been offered a job as a Food and Beverage Manager in a banquet company in Seattle, Washington but I need a social security card because I am a Canadian. Can I get one easily due to NAFTA? Does my Canadian Social Security Card allow me to work in the USA?? I need to join by June.

If I take social security but continue to work and pay into social security, will my benefits go up? If I continue to work so the max of 85% is counted as income, do I continue to pay into social security?

Is social security income subject to any government or other deductions? Once you reach retirement age and receive social security, assuming you get the typical medicare packages, is the income subject to deductions?

How can I get social security credits if my employer only withheld federal taxes? Can the employer do that? I was not an independent contractor and the employer sent me a W-2. If the answer is yes (the employer CAN do that), how do I remedy this with social security? i.e. how can I get social security and medicare credits for my earnings? Thanks.

Why is social security considered by many a wonderful social program, but all others are a scurge on society? Is it because all people get social security, no matter how wealthy? If the middle-class, upper-class and wealthy are getting benefit from a social program, then is that benefit "deserved" and mysteriously considered a social program they "have rights to", that can't be taken away? Are social programs really about who "deserves" it, or who "needs" it?

What happens to the social security taxes paid by a non-resident? If some foreign national has worked just for a year in usa and paid social security tax, can he get it back? he would not be using any social security benefits.

Where can I find information on the Social Security Suspense account? From what I understand the Social Security Administration checks to verify that names and SSN's on W2's match their records. In cases where the name on the W2 does not match the social security number on record, the taxes collected are put into a "suspense" account until the dicrepancy is resolved. This situation would occur if someone were to use a fake social security card, or they make a mistake when filling out their W2. In any case the balance in such an account would have to be Billions $$. Where can I find information on this, such as current balance, balance over time, what is done with the money?

What are social security benefits and how important are they to have later in life? I am ignorant regarding social security benefits since I am still pretty young. So I am asking a basic question, what are they and how important are they to have later in life? Additionally, if I was to work abroad with a foreign employer can I still qualify for it later or would I have to work for a US employer?

What do Social Security Disability recipients need to file to receive their tax rebates? Is there any special form that needs to be filed to receive the tax rebates? I am inquiring for a person I know on Social Security disability who hasn't filed in the last two years and may be entitled to this tax rebate. Any information or direction would be appreciated. I meant to say the rebate check. No, it's not SSI. It's regular Social Security Disability.

getting a social security number and card through the US immigration? Am an f-1 student and need a social security number and card.I have just done one semester and will be going to my 2nd semeter this fall,do i qualify to apply for a social security number and card. 2.How can my school help me in getting the SS number and card? 3.How long on the average does it take to receive my card if i filed in my suburban community of about 90,000 residence.?

I have social security benefits, Can my chilld work without losing benefits? Me, my husband, and my two children get social security benefits, and my 16 year old daughter wants to work, can she work without losing her benefits because she is under 18?

How do social security tax adjustments work? The maximum taxable amount will rise to $97,500 in 2007. The Social Security tax rate is not automatically adjusted and remains 6.2 percent. I'm currently under the max but if I start my new job prior to receiving my severence package will that trigger a notification to my current employer and cause issues as they'll need to make adjustments for it? It's not illegal or wrong to be employed by 2 companies at the same time right? My friend in HR says she gets notifications on these things and has to make the adjustment. I just want to make sure there's no auto notification to my employer if I work somewhere else

Do you have to pay social security on a 1099? My husband was a consultant as a second job and was paid for his services. The company did not take out taxes or social security. Do we need to pay social security on this income? The form was a 1099.

How much social security does my child get? I got a call from the social security office today because my daughter's dad applied for social security and got approved. They said she will get some as well. How much is this going to be? Any idea? Either way, its a blessing...we've had no child support her whole life. Thanks.

Can your social security number tell a company your age? Is it possible for a company or a individual to find out your age with just your social security number?

why was Social Security and Medicare not deducted from my paychecks for a few months? I'm a college student and work a part-time on-campus job. My paychecks are usually less than or around 500 each month. I haven't had social security or medicare taken out of my paychecks for 8 months, but just this last month, they deducted social security and medicare. Why are they starting now? Is it due to a certain amount I have earned? If not, what?

How are social security benefits calculated? On my annual social security report, my income for 6 of the past 19 years were incorrect, significantly lower than they should have been. Are benefits upon retiring based on your average income over your working life, or only based on the last year's income that you worked? Is it worth the hassle to correct what was on the report? Will those errors impact the monthly benefit I receive upon retiring? I think my former employer cooked the books and didn't pay SS taxes - is that why the statement is in error? Can I use my old tax returns to prove that I actually made more money than the statement shows? I have a lot of questions but any answers I receive will be greatly appreciated.

How much Social Security taxes does a person have to pay? If you have the maximum social security withheld from W-2 wages at one job, but you also have a side business with a Schedule C, do you have to pay SE taxes on the business income also? Thanks.

Why does Social Security put limits on how much our seniors can earn? If seniors make over a certain amount (13 grand I think) they must pay back to Social Security a larger amount. This seems to limit how much they can work. Doesn't it make sense to encourage our seniors to work, earn more money, and pay more taxes?

How many possible ways can social security numbers be altered? I was just wondering. If there are 10 numbers in a social security number and 10 different digits that could be used (0-9) in a SSN, what 's the total of combinations that a SSN can come out to be? And since there is a limited specific number, what are people going to use instead of SSN's when we've already used all the possible social security numbers combinations?

How come social security is taking so much out of my pay check? I have noticed in the past couple of months that social security has increased and alot of money is being taken away from my paycheck. It went from about $40.00 to $50.00 to $100.00 or more. What's going on?

Can a handicapped person, whom receives social security, still get a paying job without loosing the social sec Handicapped person, with social security. Can he still get a paying job without loosing the social security benefits?

What would a private plan offering all that Social Security does cost? Whenever I see debates on the value of Social Security, they always focus on retirement and how much better someone would be if they could invest 12.8% of their income in a retirement account. This always bugs me since Social Security offers quite a few benefits that are not usually discussed.(http://www.pueblo.gsa.gov/cic_text/fed_prog/ssundben/ssundben.pdf). It's kind of like talking with someone about cars, but all that they care about is how fast it goes. So what do you think it would cost for a private company to offer what Social Security does. Any actuaries out there who are up to the challenge? This question is not intended as a debate as to whether Social Security should be privatized. All I am asking for is a rational basis on which to compare government done Social Security to private offerings. There are a few ways to go about this. One would be to analyze what is spent and see what you could get on the market for your 12.8%. Another would be to go backwards from benefits paid and try to figure out what a company should charge for that benefit level and what that would work out to against current income demographics. This question is really not that hard. I'm just looking for a dollar amount with some justification. Instead I am getting responses of the irrational sort that prompted the question in the first place.

What can your social security be withheld for? I have a client that is worried about having his social security withheld because he owes money to the state for back child support. Is it possible to withhold his social secuirty because of these child support payments? I thought social security couldn't be touched.

What Does The Social Security Administration Have To Do With Credit Reporting? Every time I'm asked for my Social Security Number for something that doesn't relate to Social Security or taxation, I either refuse to give it or make a number up. Now, I'm fighting with my mortgage loan agent because my credit report has six different Social Security numbers listed and none of them are my real one. He wants a copy of my original SS card to prove my real number, but he can't explain to me how buying a house ties in with Social Security? On my card it states "not to be used for identification" but that's what they're apparently trying to do. Can anyone shed some light on this subject?

How to verify social security number, if a person is illegal alien? Is there a way I can verify, for free, if a social security number is genuine or false?

Social Security benefits lost if I lose permanent residency? Hello, I am 64 years old and currently collecting Social Security benefits. I am a permanent resident of the U.S., but am considering immigrating to another (S.E. Asian) country. If I do this, I assume I will eventually lose my permanent residency. Will losing my permanent residency affect my SS benefits? That is, will I NOT be able to collect benefits if I lose my permanent residency? Thank you!

How could my Social Security statement show income when I was 6 years old? I got my social security statement in the mail today and it shows that I made $10,000 in 1989. I was 6 in 1989 so obviously wasn't working. It also shows income in 1990 when I would have been 7, then doesn't show anything until 1999 when I was 16 and got my first job. How could the statement show income for those two years when I obviously wasn't working? I am 100% sure that I wasn't working in any way, shape or form or earning any kind of intrest at that point.

How is your social security number related to paypal and ebay? I wanna sell some stuff on ebay, i already have a paypal account which i just need to get verified, and i already have an ebay account. So what does your social security number have to do with selling stuff on ebay? Is it used when I verify my paypal account through credit/debit card? Because my previous paypal account was suspended and i just moved to another town.

Are you obligated to continue paying social security taxes after being awarded full SSD ? As a retiree, I am currently receiving a modest supplemental benefit check. It is being fully taxed. I have since been awarded a full social security disability claim. Am I obligated to continue paying into social security even though I am collecting the max and will never work again? My benefit checks will cease when I turn 62. I am currently 61 years old.

Do I have to pay into Social Security when I start working in America? I know that by the time I would collect social security that it will be bankrupt so can I choose not to pay for social security? It would be a waste of money.

What happens to social security and pension when both parents are deceased? When my mother passed, everything went to my father. He is now terminally ill. Will his social security stop or continue to go to his estate until it is depleted?

Economic Stimulus: Which social security number does the IRS use to determine the date it is sent? My husband and I filed jointly and will be getting an economic stimulus refund but we can't figure out which social security number determines when the money will be direct deposited. Anyone know how this is determined? Thanks for your help!

When you received social security income, do you have to report it to the IRS? For a married couple that are 68 & 64 years old and have received 24K in Social Security benefits, 3k in pension distributions, and 2K in interest income, is it required for them to file their taxes? It was my understanding that SS income was not taxable, but im not too sure about the pension and interest income. Can you please note where you got this information from? there were no federal tax withheld from the 1099R.

How much does Social Security receive from Individual Tax ID Numbers (ITINs) each year? Millions of US residents use ITIN's to work and pay taxes. I can't find the figures for how much the government collects from them in social security, medicare or federal income taxes. Please let me know if you have any data on the subject.

Do I earn Social Security credits for babysitting if I get paid by personal check and file a tax return? My husband has a job with an employer, but I babysit and need 2 more Social Security credits to qualify for Medicare at age 65. I get paid by personal check without any deductions taken out of the pay for taxes.

I am recieving social security disability and want to get married will this effect in check? I am planning to get married and both of us recieve social security disability. Will this effect our check and what do I need to do before we do marry?

Is there a way to opt out of paying social security taxes? Due to the amount of Federal CSRS retirement income that I will receive and the 3 for 2 offset that will be assessed against social security benefits that I may be eligible for, I will never receive any social security benefits. Since I can never receive any social security benefits, is there a way to opt of paying into a system that I will never be eligible to receive benefits from.

What is the maximum social security tax that a worker could owe in 2002? (Round your answer to the nearest ? In 2002, all workers in the United States must pay basic social security taxes (officially called Old Age, Survivors, and Disability Insurance, or OASDI) equal to 7.65% of their first $84,900 in wages and nothing on wages above this level.

Did people on Social Security receive a notice regarding the rebate checks? We received our notice but my dad didn't. Normally he doesn't file because he only has social security income. I filed his taxes for him this year so that he could get his rebate check but he did not get a notice from the IRS. Did anyone on only Social Security get their notice?

What happens to the social security paid to the federal gov by illegal immigrants? I am curious about illegal immigration. I read that there are 15 million illegeal immigrants in the USA from central america and mexico. Most are working under false documents. What happens to the social security money they contribute--- but have no legal claim to at 65 -- because they have no documents proving identity?

How can I get a social security card without a drivers license or a drivers license without a social security? Lol. I really need a drivers license and Im over 18 but I also lost my social security card. When I looked it up on the website, it says in order to apply for a new social security card I NEED a drivers license . What other supporting documents will they accept since I dont have/cant get one.? Help!

Lost social security card and need to get license in Pennsylvania? I am a new resident of PA and need to get a drivers license. I lost my social security card, which is required to get my out of state license transferred to a PA license. Will the DMV accept a print out from the social security office that verifies that I have social security? If not, is there any other document that I could get from the social security office to get a new license?

If yoy only receive social security benefits do still have to file a tax return or should you wait? I filed for a return for 2006 because I worked part of the year. Can I still get a refund if only on social security in 2007?

I am on Social Security and could not file any taxes for the year, will I still get a rebate check? I am 36 with 2 kids, one is 17, and one is 15. I am on Social Security. Will I get a rebate check even if I didn't file homestead or taxes, because of over the limit for Homestead and could not file dur to the fact I am on Social Security.

Does social security count toward the income required for the stimulus check? PLEASE answer ONLY if you know: Here is the elderly couple's facts: **Social security for the couple is $1100 per month **She has made $500 per month baby sitting, for the past two months and will make this amount for a few more months They filed a normal tax form I read somewhere that they need to have $3,000 in income to qualify. Will they get a stimulus check?

How are medicare and social security taxes figured on variable annuitys? I know on a paycheak the federal, state, medicare, and social security is already taken out and at the end of the year I only figure my federal and state on my 1040. Do I pay any ss or mc on an annuity? I know its a hard question but try if you think you know.

Can you collect social security and disability at the same time? My mom recently went on a 4 month disability. She is 67 and I was wondering if she is able to collect on both her social security and her disability. She is currently unemployed.

Apparently someone used my social security number for work. What are the legal ramifications for that? Someone worked for over a year at a company in a different city with MY social security number. I just found out recently and am working on getting the whole mess straightened out. What are the general consequences for someone using another person's ss # without their knowledge? If the person is an illegal immigrant, can they be deported?

Can you recieve your social security money early? Is it possible to recieve your social security retirement money before retirement age, like say 35? If so how does one go about collecting it?

How can a person living off of social security afford to move to another state? I live off of social security disability and my ex is moving to Arizona from Washington with my daughter. I want to be close enough to be able to spend time with my daughter, so I need to move. I don't have much money or much stuff to sell so I need to find a way to be able to afford to relocate closer to Arizona. Any information would be helpful, I don't even know where to start.

Should social security and medicare be withheld from this paycheck? A dependant works for a university and her paystubs have federal taxes withheld, but no social security of medicare. She tells me that the school told her that she doesn't pay that but she is unsure why. Possibly becasue they are a federal university? I don't know if that sounds right or not. If it is incorrect, will she then owe whatever amount at the end of the year?

Why people use your Social Security number for work purposes? If someone is using your Social Security number for work purposes, why do they do that? Who will benefit? What damages will they do?

How do I exclude social security and unemployment taxes from my 2006 federal tax return? I have a special NIH grant (NRSA) as a postdoc that excludes me from having to pay social security (FICA) and unemployment taxes (FUTA) because I am not considered an employee. How do I file a tax return so these taxes are not paid? Any tips would be helpful! (For the record I know anyone answering these questions is not in the position of giving official tax advice like a lawyer or an accountant).