The U.S. Social Security Administration is responsible for the accurate tracking of your social security benefits and payments. In order to track this information, the SSA must record your annual work history, which includes your work locations and … [Continue reading]
Eliminate the Wage Base to Save Social Security?
As discussed in 'Congress Expected to Extend Payroll Tax Holiday into 2012' there is quite a debate going on in Congress right now regarding Social Security. While the main question is whether to extend the Social Security tax cut, an underlying … [Continue reading]
Congress Expected to Extend Payroll Tax Holiday into 2012
Before the end of the year, Congress will be voting on whether the current payroll tax holiday will be extended into 2012 or it will be allowed to expire at the end of 2011. Without an extension, taxes for the average American family would be … [Continue reading]
Is Social Security Disability Taxable?
Once you start receiving Social Security disability benefits, your first question may be "is Social Security disability taxable?" Unfortunately, the answer to that question is "it depends". Read on to find out what Social Security disability is, … [Continue reading]
Social Security Age Eligibility: When Can You Start Collecting Social Security?
What is Social Security? Social Security is a federal program that was created to provide economic security to workers in the United States. Social Security benefits are funded by payroll taxes collected from workers and self employed … [Continue reading]
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