Sentences with phrase «without social security income»

Now, suddenly, their income, without the Social Security income and the $ 15K municipal bond income, is about $ 64K, way over the $ 32K beginning threshold for calculation for the Social Security income to be taxed (the range is $ 32K to $ 44K).

Without Social Security income, and 42 percent of the elderly would be poor as opposed to 10 percent with the benefits.

Not exact matches

Without some thoughtful planning, you could easily outlive your savings and have to rely solely on Social Security for your income.

Nonetheless, a Roth is still a useful vehicle because of (a) early retirement, before age 59.5 and Roth's ability to access those funds without a 10 % penalty; (b) required minimum distributions (RMDs) of traditionals, and their interaction with (c) Social Security Income.

The original Social Security program was dependent on half the population dying without receiving benefits, We need to eliminate welfare, food stamps, child tax credits, low income tax credits and Medicaid.

From April through that individual's Full Retirement Age they would be able to collect their Social Security benefit without penalty provided their income did not exceed $ 1,310 per month.

The Social Security Administration allows blind or disabled students to earn a certain amount of income without it impinging upon their SSI benefits.

The IMRF pension payment without an accompanying Social Security payment will not provide enough income, Jacobs said, so she will have to seek other employment until she is 62.

Mayor Bloomberg is proposing to replace JTPs with WEP workers, which would force people on public assistance to work for their benefits without a pay check, without paying into social security, no union membership, and no qualifying for earned income tax credit.

Reverse mortgages, which allow boomers to access the equity in their home without having to pay a monthly mortgage payment, are a more strategic approach than relying solely upon social security, which averages to a monthly income of only about $ 1230.

If waiting eight years sounds like too long of a period to go without any supplemental income from Social Security, consider getting a reverse mortgage to lessen your financial burdens while waiting for Social Security or other assets to come to fruition.

And if you're really sure you can live comfortably the rest of your life on Social Security, your pension and other assured income sources without dipping too deeply into your retirement investments, then I suppose you can make a reasonable case for avoiding stocks altogether.

As the instructions for line 55 say, «If Line 55 is more than Line 47, enter -0 -», and you have «wasted» all the extra credits on Line 55 without getting back any of the Social Security and Medicare taxes that were withheld from your salary; you get only a refund of all the income tax that was withheld.

The Social Security Administration allows blind or disabled students to earn a certain amount of income without it impinging upon their SSI benefits.

Among the issues you'll need to consider as you create an income plan: How much you'll receive from Social Security and whether you should you consider delaying claiming your Social Security benefit to boost the size of your check; how much of your nest egg's value can you withdraw each year without incurring too big a risk of running out of money before you run out of time; and whether you should devote a portion of your savings to an immediate annuity or a longevity annuity, so you'll have a another source of guaranteed lifetime income in addition to Social Security.

But the creditor must apply these tests fairly, impartially, and without discriminating against you on any of the following grounds: age, gender, marital status, race, color, religion, national origin, because you receive public income such as veterans benefits, welfare or Social Security, or because you exercise your rights under Federal credit laws such as filing a billing error notice with a creditor.

They do not receive any additional income and when the government steps in and garnishes their social security, it essentially leaves them without something they need.

Without some thoughtful planning, you could easily outlive your savings and have to rely solely on Social Security for your income.

LTDI also provides superior peace of mind: you shouldn't really rely on the whims of a bureaucrat at the Social Security Administration who has to decide whether you're disabled enough for Social Security disability benefits, and because the appeals process takes so long you could be suffering without an income that would otherwise be replaced with LTDI.

• Federal & New York State income tax return filing status: can now file «married» and it entitles them to the marital deduction • Recognized for estate and gift tax; applies even if the couple lives in a jurisdiction that doesn't recognize same - sex marriage; Same - sex married couples can transfer property to each other free of gift tax • If divorcing, spousal maintenance is now a tax deduction for the payor and income for the recipient • Retirement plans are now subject to transfer and distribution on divorce without penalty • Social Security survivor benefits are available as well as social security spousal election • NYS recognizes that a child born of a same - sex marriage is the legal child of both pSocial Security survivor benefits are available as well as social security spousal election • NYS recognizes that a child born of a same - sex marriage is the legal child of bothSecurity survivor benefits are available as well as social security spousal election • NYS recognizes that a child born of a same - sex marriage is the legal child of both psocial security spousal election • NYS recognizes that a child born of a same - sex marriage is the legal child of bothsecurity spousal election • NYS recognizes that a child born of a same - sex marriage is the legal child of both parents