In 1936, the Social Security Administration (SSA) established the Social Security number (SSN) to track workers' earnings for social security benefit purposes. Today, private and public sector entities frequently ask individuals for SSNs in order to conduct their businesses and sometimes to comply ...
Retirees who choose to receive their benefits early will receive a percent less. The Social Security Administration (SSA) provides a chart to help you calculate this reduction. Select your year of birth to calculate how much your benefits reduce from age 62 up to your FRA. ...
The Social Security Administration has provided important information pertaining to funds available to beneficiaries in the recently passed $2 trillion stimulus package. SSA said the Treasury Department has launched a new ...
I often recommend talking to the Social Security Administration (SSA), either at your local office or on their hotline, to review your particular situation. But this advice comes with a caveat… you need to know as much as you can about your options, and what you are entitled to do, so...
Your employer must report earnings for every year of your career, as SSA calculations are based on career years in which you earn the most. If an employer does not correctly report one year of earnings to the Social Security Administration, your future payments could be about $100 per...
Social Security Administration Now Requires Two-Factor Authentication August 1, 2016 145 Comments The U.S. Social Security Administration announced Friday that it will now require a cell phone number from all Americans who wish to manage their retirement benefits at ssa.gov. Unfortunately, the new ...
Once you start receiving Social Security, you’ll receive a Social Security benefit statement called the Form SSA-1099 every January. This report lists the benefits you received during the past year. You can use this document to find the total amount of your annual Social Security ...
Reporting your Social Security benefits Once you begin collecting Social Security, the Social Security Administration will send youForm SSA-1099(Form 1042S for noncitizens) every January showing the total benefit amount you received the previous tax year. You must report this amount on your income ...
The Social Security Administration (SSA) has begun transitioning back to providing full, in-person service at its more than 1,200 local field offices for the first time in over two years . Unfortunately, there are large crowds, long waits, and continued service delays. The SSA recommends that...
The program's administrator, the Social Security Administration (SSA), generally allows you to earn coverage benefits if you meet their definition of disabled and are unable to work for a year or more. The Social Security Disability Insurance program provides modest — though vital — benefits to...