Social Security, Medicare, Railroad Retirement Tax Act (RRTA), or FUTA taxes. While there are a few exceptions, this puts business owners in a great position to offer tax-advantaged perks to their employees.
The standard monthly premium for Medicare Part B is $185.00 for 2025, though this amount can change from year to year and based on income. If you collect Social Security or Railroad Retirement Board benefits, your Medicare Part B premium can be automatically deducted from these benefits. If yo...
Age Eligibility: You are eligible for Medicare at age 65 or older. This includes individuals who are receiving or eligible to receive Social Security or Railroad Retirement Board benefits. Disability Eligibility: You can also qualify for Medicare if you have been receiving disability benefits from So...
Problem: The IRS—not eFile.com—rejected your Federal Tax Return because the Name OR Social Security Number (SSN) you entered for your spouse does not match what the IRS has in their records. The IRS receives this information from the Social Security Administration (SSA). Solution: Let us ...
Under that standard, for example, a retired public health nurse might receive a $1,500 monthly disbursement from a state retirement system that does not participate in Social Security. Then, if that person becomes eligible to receive a spouse’s Social Security benefit after the spouse’s death...
If you are already receiving Social Security or Railroad Retirement Board benefits , you will be automatically enrolled in Medicare (both Part A and Part B), starting the first day of the month when you turn 65.You don’t need to do anything to enroll, and your Medicare card will be aut...
Your pension relates to federal work that the Federal Employees’ Retirement System (FERS) governs. You were hired as a federal worker after December 31, 1983. You were hired by a non-profit organization after December 31, 1983. Your only pension is a railroad employment pension. ...
may reduce your spousal benefits. did you work for an employer that didn't collect social security taxes? you're entitled to social security retirement benefits if you paid social security taxes for 10 years. but not all employers withhold social security taxes. did you know? when you check ...
(This qualifying factor applies if you have worked for a sufficient period in a railroad retirement system, Social Security, or Medicare-covered government position. You may also qualify if you are the child or spouse—including divorced spouse—of an individual who meets these work requirements.)...
How Do I Sign Up for Medicare Part A? For many people, enrollment in Medicare Part A is automatic. This is the case for individuals who have received Social Security or Railroad Retirement Board benefits for at least four months before the age of 65, or at least 24 months. Enrollment is...