The Social Security tax limit, or the wage base is the maximum amount of earnings subject to the Social Security payroll tax. If you are currently working, you and your employer each pay 6.2% of wages in Social Security taxes per paycheck. There is, however, an income limit beyond which the 6.20% tax does not … Read more
Last updated on November 25, 2019 For the more than 68 million people on Social Security and Supplemental Security Income, one of the most asked questions and most-watched announcements is this: Will Social Security get a raise? We have detailed the answer below on whether there will be a social security increase in 2020 or … Read more
Social Security Benefits may be taxable both at the federal and state level. Whether federal taxes will tax your benefits depends on your combined income, and whether state taxes will tax your benefits depends on the state in which you live. In this post, we will highlight the 11 states that tax Social Security benefits. … Read more
One of the questions we get from first time Social Security beneficiaries is when they can expect their first payment. In this post, we will review the Social Security benefits start date and when you can expect your benefit payments. This Post will Cover: How long it takes for a social security application to be … Read more
If you are receiving Social Security Disability benefits, knowing when your payments will be deposited each month is crucial to financial planning. In this post, we will explain how the 2019 Disability Calendar and when you can expect to be paid. For SSI payment calendar, click here. This Post will Cover: Electronic Delivery of Disability … Read more
If you are looking for the December 2019 Social Security Payment schedule, look no further. We can help you. If you are currently getting Social Security Retirement benefits, or disability benefits, including SSDI or SSI, knowing your payment schedule is critical to planning your monthly finances. In the post below, we have explained in detail … Read more
If you currently receive Social Security Retirement Benefits, Social Security Disability Benefits (SSDI) or Supplemental Security Income (SSI), knowing your payment schedule is key to planning your finances for the month. In this post, we will provide the November 2019 Social Security Payment schedule. You can then find out when your benefits will be paid. … Read more
The Social Security Administration releases a payment calendar each year that shows when Social Security Retirement Benefits, Disability Benefits, and Supplemental Security Income Benefits will be paid each month. In this post, we will review in detail the October 2019 Social Security Payment Schedule. Why is this important? Because knowing when your Social Security benefits … Read more
For those receiving government benefits like Social Security retirement benefit (SS), Social Security Disability Insurance (SSDI) or Supplemental Security Income (SSI), we have your September 2019 Social Security Payment Schedule. In the post below, we will explain how the payment schedule works and provide the dates for September 2019. We will also provide options on … Read more
If you receive Social Security retirement benefits (SS), Social Security Disability Insurance (SSDI) or Supplemental Security Income (SSI) and would like to know the August 2019 Social Security Payment Schedule, we can help. In this post, we will explain how the Social Security payment schedule works and provide the dates for August 2019. We will … Read more