Most people who pay into Social Security work for an employer. Their employer deducts Social Security taxes from their paycheck, matches that contribution, sends taxes to the Internal Revenue Service (IRS), and reports wages to Social Security. However, self-employed people must report their earnings and pay their Social Security taxes directly to the IRS. These taxes will help determine your eligibility for benefits later. Continue reading
Each year we announce the annual cost-of-living adjustment (COLA). Usually there is an increase in the Social Security and Supplemental Security Income (SSI) benefit amount people receive each month, starting the following January. By law, federal benefits increase when the cost of living rises, as measured by the Department of Labor’s Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). Continue reading
Social Security is committed to protecting and securing the information entrusted to us. We’re constantly looking for ways for you to save time by conducting your business anytime, anywhere, using our online services.
Our online benefits application provides a high level of security and protection for the information you provide. Filing online gives you the freedom and convenience to file for various types of benefits including Retirement, Disability, Supplemental Security Income, and Medicare.
Follow these simple steps to begin: Continue reading
From September 15 to October 15, we celebrate Hispanic Heritage Month. This is when we honor the contributions of Hispanics to American society and celebrate this warm and vibrant culture. According to the U.S. Census Bureau, Hispanics make up about 17.8 percent of our nation’s total population.
As with all ethnicities in America, Hispanics can benefit from learning about Social Security’s benefit programs. We want to share with all Hispanics, particularly those of you who are younger, information about how Social Security helps support you now, what we mean for your future, and our commitment to be there with you throughout your life’s journey. By knowing about our benefits and basic services, you can see how we can help you secure today and tomorrow.
Here are ten ways to get you started: Continue reading
Social Security is here for young people when a parent passes away. We know that the loss of a parent isn’t just emotionally painful; it can be devastating to a family’s finances. In the same way that Social Security helps to lift up the disabled and elderly when they need it, we support families when an income-earning parent dies.
In 2017, we distributed an average of $2.6 billion each month to benefit about 4.2 million children because one or both of their parents are disabled, retired, or deceased. Those dollars help to provide the necessities of life and help make it possible for those children to complete high school.
You might ask, who can get child’s benefits? Your unmarried child can get benefits if they’re: Continue reading
September 6 is National Fight Procrastination Day. With our busy lives, it is easy to fall into that cycle of constantly postponing some tasks because of other things we need to address right now. This may be true for you when it comes to changing your payment method for Social Security benefits. Unfortunately, procrastinating on reporting changes can lead to delayed payments, resulting in undue hardship with bills and living expenses. Ultimately, it’s less hassle — and less stressful — if you report a direct deposit change as soon as it occurs. Continue reading
Quickly and accurately processing disability claims is important to us. It is through this commitment to you that we use the Compassionate Allowances program to help us identify and fast-track cases where people have diseases that are most likely to be approved for disability benefits. Continue reading
Most people know at least something about Social Security. For decades, Social Security has been providing valuable information and tools to help you build financial security. Here’s your opportunity to find out a little more, with some lesser-known facts about Social Security.
You made the choice and now you are happily retired. You filed online for your Social Security benefits. They arrive each month in the correct amount exactly as expected. But, did you ever wonder if your Social Security check could increase?
Once you begin receiving benefits, there are three common ways benefit checks can increase: a cost of living adjustment (COLA); additional work; or an adjustment at full retirement age if you received reduced benefits and exceeded the earnings limit. Continue reading
Social Security engages with the public in a number of ways. From blog posts like this to news articles, and printed publications to tweets, we try to speak to as many people, in as many ways, as we can. Our Facebook Live events give you concise information in an easy-to-follow conversation.
Here are the topics from recent Facebook Live events: Continue reading