Key Takeaway: During a Social Security Disability interview, individuals may be asked questions related to their medical condition, including specific medical conditions and treatments, as well as how their condition impacts their daily activities and employment. Individuals may also be asked about their work history and employment, including past job duties and skills, as well…
##Key Takeaways: Key Takeaway: It is possible to use a 401k to buy investment property, but eligibility requirements must be met. The 401k plan must allow for real estate investment, and certain criteria must be met, such as having a sufficient amount of funds in the account. There are a variety of options for investing…
Key Takeaway: A social security disability brief should include personal information and medical evidence, work history and function report, and legal arguments to strengthen the case. When writing a social security disability brief, it is important to be clear and concise, use plain language, and focus on relevant information to increase the chances of approval….
Key Takeaway: Novatech Investment is an investment firm that offers a diversified investment strategy through various securities, and an active management approach. Investing with Novatech Investment offers the benefits of a proven track record of historical performance, a professional and experienced team, and a personalized investment approach. To invest with Novatech Investment, there are minimum…
Key Takeaway: Social Security is a program primarily funded by payroll taxes that provides retirement, disability, and survivor benefits to eligible individuals who have paid into the system for a certain number of years. Supplemental Security Income (SSI) is a needs-based program that provides benefits to eligible disabled, blind, or elderly individuals with limited income…
Key Takeaway: Pension Day in Canada is a day when eligible citizens receive their government-funded retirement benefits. To be eligible, individuals must meet certain age and residency requirements, as well as have made contributions to the Canadian Pension Plan. Pension Day in Canada varies depending on the type of pension received. For Old Age Security…
Key Takeaway: Net Investment Income Tax (NIIT) is a tax on certain investment income that was introduced as part of the Affordable Care Act. It applies to individuals, estates, and trusts that have income above certain thresholds. Sources of investment income included in NIIT are interest, dividends, annuities, capital gains, rental income, and royalties. Deductions…
Key Takeaway: Requirements for creating a social security account include eligibility and specific documents, such as a valid email and a Social Security number. Make sure to confirm eligibility and have the necessary documentation before starting the process. The process of creating a social security account requires visiting the official Social Security website, creating a…
Key Takeaway: UK pension income must be reported on US tax returns: US taxpayers who receive income from UK pensions must report this income on their US tax returns. This includes state, private, and occupational pensions. US tax forms for reporting UK pensions: Taxpayers may need to file IRS Form 8938 and comply with Foreign…
Key Takeaway: The Invesco Trust for Investment Grade Municipals is an investment vehicle that focuses on investing in high-quality municipal bonds. The ticker symbol for the Invesco Trust for Investment Grade Municipals is VGM, and the CUSIP number is 46131H100. Investors should carefully consider the investment considerations, risks, and rewards associated with trading and investing…
Image credits: retiregenz.com by Joel Jones Widow’s Benefits Learn how to get your late partner’s Social Security benefits. The Widow’s Benefits section is here to help. It has two sub-sections: Qualifying for Widow’s Benefits Age Requirement for Widow’s Benefits These sub-sections provide the criteria for widows/widowers who want to apply for social security. Such as…
Key Takeaway: Parents can apply for a child social security number by filling out an application form and providing proof of their child’s identity, age, and citizenship status. The child must be a US citizen or have a legal status in the country. If the child’s social security number is lost or stolen, parents can…