social_security.biz top banner    Social-Security.biz

Please share and/ or +1 this page
Home
Search This Site
What is Social Security?
Is there a Department of Social Security? Dept. of Soc. Sec.
How do I get a Social Security number?
Where to get a Social Security card?
Replace my Social Security card?
Where are Social Security offices?
What is Medicare?
What is SSI?
What is the Social Security Law?
Original Law passed 8/14/1935
At what age can I retire?
How much can I get?
How much can I earn while on Social Security?
How many years do I have to work to be able to qualify?
What if I am disabled?
Requirements? How to apply?
When I die what benefits can
my spouse get?
Learn about the online W2 form
How can I build a nest egg?
Will I be abandoned by the government and left homeless to starve and die in the street?
2012 monthly calendar - freewww.Social-Security.biz calendar Cover
FREE SHIPPING on most officemax.com orders above $50

Social Security
Questions and Answers
 
 
 
 
 

Bulletin!

Social Security Payments increase by 3.6% for 2012!

The amount taken (withholding) from your taxes for 2011 is down 2% . For employees it is down from 6.2% to 4.2%
.For self-employed it is down from 12.4% to 10.4%.

Unless the law is changed the tax rates will revert for 2012 to 6.2 percent and 12.4 percent.           -----------------------------------

This site was created as a response to the many questions retirement age as well as younger people are having about their future.
 
The series of questions and answers will hopefully resolve many of the problematic issues about Social Security and give you the information that you are looking for.

In 2017 Social Security

will be in trouble paying out more than is coming in from taxes.

By 2041 our social security funds

are in trouble and there will only be enough to pay 78 cents on the dollar to you.

That is as it stands now unless something drastic is done.

In the past people felt secure in the knowledge that our government's social security plan would protect us as we grew older and needed to retire or if we became disabled.

It was/is the bulwark against financial disaster for your spouse and children if you die.

The picture is not always so rosy now that the economy has taken a turn for the worse.

So as we answer your most often asked questions here about the current situation with social security and the future of it all we really hope you will be able to rest easy...for now.

The current thinking for most people approaching retirement age is that they should have saved a nest egg for the future.

Younger people are the ones most in peril because the future might not be able to sustain the program that would sustain them in retirement or disability.

The younger you are the better off you will be as far as planning to create a more secure future because you have more time to prepare.

It's a good idea to be informed about taxes and what you earn and what credits and programs you can take advantage of.
 
For starters you can learn about tax advantages at Taxman123.com

Socialsecurity - socialsecurity socialsecurity- medicare - department of socialsecurity - what is social security - where to get socialsecurity card - social security number - ssi - social security law - social security system
disclaimer