Sunday, August 9, 2020

Social Security News

NOW IS THE TIME TO PREPARE FOR TAX SEASON

The following is written by Kirk Larson, Washington Public Affairs Specialist with the Social Security Administration. NOW IS THE TIME TO PREPARE FOR TAX SEASON Wise taxpayers may want to take advantage of winter months indoors to prepare for tax filing season this spring. Whether you are a small business owner, a retiree, or a new parent, here are some …

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ARE YOUR SOCIAL SECURITY BENEFITS TAXABLE?

The following is written by Kirk Larson, Washington Public Affairs Specialist with the Social Security Administration. ARE YOUR SOCIAL SECURITY BENEFITS TAXABLE? If you’ve recently begun receiving Social Security benefits or plan to apply in the near future, you may be wondering this tax season: are Social Security benefits taxable? The short answer is: sometimes. Some people have to pay …

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January Q&A with the Social Security Administration

The following is written by Kirk Larson, Washington Public Affairs Specialist with the Social Security Administration. Questions and Answers Regarding Your Social Security Benefits Question: I heard that Social Security benefits increased at the beginning of the year. What is the average Social Security retirement payment that a person receives each month? Answer: You are right—Social Security benefits increased this …

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