Key Takeaway: Identity theft and scams are major threats to your social security. Be aware and vigilant, and don’t fall for suspicious calls and messages. Protect your social security by monitoring your benefits and setting up your My Social Security account for regular updates and alerts. Use strong passwords, avoid public Wi-Fi, safeguard your social…
Key Takeaway: A Work Eligible Social Security Number is a type of Social Security Number that allows an individual to work legally in the United States. It is important to have a Work Eligible Social Security Number to avoid legal issues and to access employment benefits such as Social Security and Medicare. To obtain a…
Key Takeaway: Social security offices have closed due to COVID-19 pandemic concerns: The health and safety of employees and visitors are a top priority for Social security offices, and closures were designed to limit the spread of the virus. Alternative ways to access Social security services are available: Online services and resources as well as…
Key Takeaways: Some school systems in Georgia do not pay social security. The exemptions allowed by the Social Security Administration are used by some school systems to justify not paying social security. The consequences of not paying social security include a negative impact on teachers’ retirement benefits and the affected school systems. Are you considering…
Key Takeaway: Medicare premiums for Parts A, B, and D are typically deducted from Social Security benefits, unless individuals are not receiving Social Security benefits or are enrolled in Medicare Advantage plans. To check their Medicare premiums, individuals can review their Social Security statement or request a letter from Social Security. It is important to…
Key Takeaway: Tracking Social Security quarters is important: Social Security Quarters determine eligibility for retirement, survivor, and disability benefits. It is crucial to keep track of your quarters to ensure you are eligible for these benefits. There are multiple ways to find out how many quarters you have: You can check your Social Security statement,…
Key Takeaway: Getting a Social Security Card in Indiana is important for legal identification and access to government services. Eligibility requirements include having a valid reason for needing a card, such as employment or access to healthcare benefits. The application process for obtaining a Social Security Card in Indiana requires certain documents, including a valid…
Key Takeaway: At age 62, the minimum Social Security benefit is $886 per month in 2020. This amount may vary depending on factors such as work credits, earnings history, and other sources of income. To qualify for Social Security benefits, individuals must have earned a minimum of 40 work credits, with generally 4 work credits…
Key Takeaway: Social Security Disability benefits have an introduction period of five months before they begin, meaning benefits will not be paid for the first five months of disability. The length of disability benefits is determined by the type of benefit received and individual circumstances such as age, work history, and severity of the disability….
Key Takeaway: Trump’s views on Social Security suggest his plans for reform will likely include reducing the program’s growth, addressing disability fraud, raising retirement age, and potential privatization. Reducing the program’s growth is aimed at reducing the financial burden on the government and preserving its long-term solvency. Addressing disability fraud aims to mitigate costs and…
Key Takeaway: Deemed filing for Social Security is a provision that allows certain individuals to receive retirement or spousal benefits while also delaying their own retirement benefits to a later age. Individuals who are at least 62 years old and have a spouse who is receiving Social Security benefits may be eligible for deemed filing….
Key Takeaway: Social Security benefits are subject to taxation in Michigan: Depending on your income level, up to 85% of your Social Security benefits may be subject to state taxes in Michigan. Types of Social Security benefits that are taxed: Social Security retirement, survivor, and disability benefits are subject to taxation in Michigan. Exemptions and…