Archive for the ‘United States’ Category

May an individual voluntarily withdraw accumulated social security earnings while in their 30′s?

Saturday, May 2nd, 2009

checkeredpants420 asked: I want to make a request to the Social Security Administration for the immediate withdrawal of my social security earnings. I am willing to take those funds subject to any taxes and penalties that may apply. I want to know my rights before talking to a ...

Do I have to pay into Social Security when I start working in America?

Wednesday, December 24th, 2008

pistolavirus asked: 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.BOBBIE

Are you obligated to continue paying social security taxes after being awarded full SSD ?

Wednesday, December 17th, 2008

robby19462005 asked: 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 ...

Why does Social Security put limits on how much our seniors can earn?

Tuesday, November 4th, 2008

tones1997 asked: 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 ...

Social security benefits are indexed to inflation. Would my benefit be reduced if we have negative inflation?

Thursday, July 31st, 2008

Johnson asked: 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. ...

Is social security income subject to any government or other deductions?

Saturday, June 28th, 2008

Les R asked: Once you reach retirement age and receive social security, assuming you get the typical medicare packages, is the income subject to deductions?BOYD

Where can I find information on the Social Security Suspense account?

Saturday, March 22nd, 2008

PHF A asked: 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 ...

What would a private plan offering all that Social Security does cost?

Saturday, November 10th, 2007

MonkeyK asked: 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 ...

How can I get social security credits if my employer only withheld federal taxes? Can the employer do that?

Monday, November 5th, 2007

nanush asked: 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.DEL

What happens to the social security taxes paid by a non-resident?

Thursday, September 13th, 2007

Amit T asked: 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.DERRICK