What Is The Best Age To Start Your Benefits? The answer is that there is no one “best age” for everyone and, ultimately, it is your choice. You should make an informed decision about when to apply for benefits based on your individual and family circumstances. Your monthly benefit amount can differ substantially based on the […]
You can ask us to withhold federal taxes from your Social Security when you apply for benefits. If you are already receiving benefits or if you want to change or stop your withholding, you’ll need a form W-4V from the Internal Revenue Service (IRS). You can download the form, or call the IRS toll-free number […]
Some people have to pay federal income taxes on their Social Security benefits. This usually happens only if you have other substantial income (such as wages, self-employment, interest, dividends and other taxable income that must be reported on your tax return) in addition to your benefits. No one pays federal income tax on more than […]
Social Security can provide you, your spouse, and other eligible members of your family with benefits: When you retire; If you become disabled; and When you die. Use our planners to help you better understand your Social Security protection as you plan for your financial future. Then choose a benefit calculator to find out your […]
No, the new rules will not affect individuals who suspended their benefits before April 30, 2016. Also, if you submitted your request before April 30, 2016 and your spouse or children become entitled to benefits either before or after that date, they will not be affected by the new rules and will continue to receive […]
The new rules for voluntary suspension resulting from the Bipartisan Budget Act are effective for requests to suspend benefits submitted April 30, 2016 and later. Hoang Le Tax, Insurance & Financial Services 404 International Blvd, Oakland CA 94606 http://blog.hoangleservices.com/social-security-benefits Office: (510) 433-5047 | Cell: (510) 697-9559 Fax: (510) 779-5588
If you submit a request to suspend your benefits to earn delayed retirement credits on or after April 30, 2016, you will not be able to receive auxiliary benefits on someone else’s Social Security record. In addition, if you suspend your benefit, anyone receiving benefits on your record (excluding divorced spouses) will also be suspended […]
Yes, you will still be able to file and suspend your benefits in order to earn delayed retirement credits. Hoang Le Tax, Insurance & Financial Services 404 International Blvd, Oakland CA 94606 http://blog.hoangleservices.com/social-security-benefits Office: (510) 433-5047 | Cell: (510) 697-9559 Fax: (510) 779-5588
