Jon pays $3,100 for Social Security (6.2 percent of $50,000) and $725 for Medicare (1.45 % of $50,000) for a total of $3,825 for the yr. I came right here to learn the way to report it and reached a very useful person who took a full report from me. That is the number I used: Security Administration’s Fraud Hotline at 1-800-269-0271. A claimant receives monthly advantages deposited immediately into their checking account or on a SSA Direct Categorical Card. The rise in benefits applies to the 63 million Social Security beneficiaries and the eight million Individuals who get Supplementary Safety Earnings advantages. The Social Safety Administration on Thursday introduced a 1.6% value-of-living adjustment for 2020, that means the typical retiree will get $24 extra every month, or about $1,503.
Suze Orman explains how a my Social Safety account may also help you plan to your retirement and why you … Read More