Sentences with phrase «on social security»

If half of your social security benefits plus your other gross income is more than $ 25,000, you may have to pay income taxes on social security benefits.
In fact, 3 in 5 retired seniors rely on their social security benefits to provide at least half of their monthly income.
I am now retired from teaching and living on social security of 700 a month.
And having to rely on social security disability income isn't much fun!
Sadly, almost half of those surveyed counted on social security income.
Many of these retirees will tend to depend heavily on social security for their retirement income.
I'm halfway to retirement — theoretically, anyway — and am not going to be counting on social security in any way.
In those locations unemployment benefits are adjusted based on social security income.
Never depend on social security or employer retirement plans that are not a sure thing!
As it is unlikely that seniors can rely solely on social security to fund their retirement years comfortably, they need to find alternative sources of income.
This means the next government, whatever party wins the election, will have to make tough choices on spending, including spending on social security.
Myth # 7: I can create a totally new credit file by getting a federal tax ID number or changing a few numbers on my social security number.
From the luxury waterfront lifestyle, to a comfortable and enjoyable way of life that you can manage on a social security check.
That is why many people on social security opt for burial insurance.
Early retirement can have an impact on your social security benefits.
Be as detailed with your budget as possible and try not to rely on your social security payments as your sole source of income.
It would be nice to think a shift is occurring in the debate on social security with public opinion moving against relentless attacks on the poorest and cuts in basic social protection.
Today we found some great articles on getting out of debt, beating rising food prices, and facts on your social security statement.
Based on the social security law, ensure that you claim for the disability benefits.
That would be a big hit to their bottom line because of the impact on social security spousal benefits.
You also can not count on the social security system to do what you expect it to do.
No ground was gained on the social security issue, so struggling borrowers with social security benefits to look forward to may have to worry.
This contract must be for a minimum of three months and include specific clauses on social security, income tax and the period of the contract.
I'm disabled am on social security disability can be found.
In general terms, the ROI on Social security is horrible.
We also do not count on social security since I would not be surprised if we are means tested out of it.
Looking for the right insurance for my mother she is 72 non smoker, She runs a small business and also is on social security for retirement.
Someone making a dollar a day can't exactly invest in a 401k or rely on social security when they're too old to perform manual labor.
For the special purpose of determining how much tax you pay on your social security income, tax - exempt interest counts as income.
For the most part, workers from all backgrounds can count on social security.
I am on social security disability and only get $ 850 monthly.
That increased taxable income could, in turn, trigger taxes on your Social Security retirement benefit.
For more information on Social Security disability benefits, visit your local Social Security office, look at publications available on the SSA website, or call the SSA at (800) 772-1213.
She would have to live out her remaining life on Social Security alone.
It would be far more responsible to focus on Social Security reforms that make the system solvent while providing targeted enhancements to those most in need.
At that point, we'd be relying only on Social Security tax revenues, which would cover 75 - 80 % of benefits owed.
The sad reality is that millions of workers receive a dismal rate of return on their Social Security retirement taxes.
Based on Social Security Administration estimates, participants with career average earnings of roughly less than $ 21,000 are expected to receive benefits that will replace 59 % to 81 % of their pre-retirement income.
Kingson is a Syracuse University professor recognized as a national expert on Social Security.
Lawmakers also must assess their desire to increase overall spending on Social Security in the context of the program's finances.
Yet, despite the gloominess, baby boomers are expected to lean nearly as heavily on Social Security as their parents did.
Though certain family members or even an ex-spouse can continue to receive Social Security benefits based on your Social Security earnings record after your death, those benefits aren't affected by how much or how little you received prior to your death.
A group of student loan borrowers over the age of 50 are seeing adverse effects on their Social Security benefits because of their unpaid student loans.
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