Social Security

In the United States, Social Security is primarily the Old-Age, Survivors, and Disability Insurance (OASDI) federal program.The original Social Security Act (1935) and the current version of the Act, as amended, encompass several social welfare and social insurance programs. Social Security is funded through payroll taxes called Federal Insurance Contributions Act tax (FICA) and/or Self Employed Contributions Act Tax (SECA).
Posts about Social Security
  • What is BU08028 and What Does it Mean to Chronic Pain Sufferers?

    … by Karl Voigt In short, BU08028 is a new research drug that provides the pain relief of opiates, without their addictive effects. Trials of the drug have been conducted on rhesus monkeys with success that — it is hoped — will translate to humans. The trials, conducted at Wake Forest University School of Medicine, demonstrated a novel approach…

    Prince Law Offices, P.C.- 13 readers -
  • Preparing for a Bankruptcy Case

    … that you weren’t required to file. Copies of Financial Account Statements Third, you’ll need copies of a recent account statement from any financial account you have. This includes any checking or savings accounts at a bank or credit union. It also includes statements for other kinds of financial accounts, such as Certificates of Deposit (CDs) or Money…

    Nick Gajewski/ Bond and Botes- 30 readers -
  • Beware of Reverse Mortgages

    … before you are approved. Borrowers will now be required to pass a financial test before they can take out a reverse mortgage. The borrowers have to demonstrate their ability to pay the property taxes, maintain the property and maintain the insurance premiums. The new test also requires that lenders consider the borrower’s income and credit history…

    Bond and Botes- 33 readers -
  • Can the Military Off-Set Your Tax Refund While You Are In Bankruptcy?

    … and no interested party objected to the exemption, then the tax refund is not subject to offset. If you owe a governmental or quasi-governmental entity such as bank child support, the IRS, the state for over-payment of foods stamps or unemployment, over-payment of Social Security benefits, the military for exchange services, credit or over-payment…

    Cynthia Lawson/ Bond and Botes- 32 readers -
  • Join Us, 04/08/2016, for Live Immigration Law Video Seminar!!

    … On behalf of Prince Law Offices, P.C., I am pleased to announce that the firm’s attorneys will be utilizing new technology to host informative live video sessions devoted to the various areas of practice we cover: Firearms Law, Workers’ Compensation, Immigration, Civil Rights, Social Security, Corporate Law, Energy Law, Criminal Law…

    Prince Law Offices, P.C.- 17 readers -
  • What Are Compassionate Allowances for Social Security Purposes?

    … What Are Compassionate Allowances for Social Security Purposes? Posted on Feb 23, 2016 By James Ezzell February 23, 2016 by James Ezzell Simply put, compassionate allowances are expedited decisions on applications for SSA disability benefits. Not every applicant is eligible for this fast tracking, however; only those “whose medical…

    Bond and Botes- 38 readers -
  • FTC’s $100 million settlement with LifeLock

    … in the future with deceptive claims about its services. But as the FTC alleges, LifeLock violated four key provisions of that order. First, the FTC says that from October 2012 through March 2014, LifeLock failed to set up and maintain a comprehensive information security program to protect customers’ sensitive data, including their Social Security, credit…

    Prince Law Offices, P.C.- 16 readers -
  • Social Security Disability Program Money Crisis Averted

    … . . . (Sec. 833) Specified payroll tax revenues are reallocated to the Disability Insurance Trust Fund to pay benefits until 2022. So, crisis averted – until 2022 – when I predict history will repeat itself! If you or your child have been denied SSA disability benefits or suffer from a severe impairment that prevents you from doing any of your past or other work or is causing developmental delay in your child, please contact our office nearest to you to set up a free consultation appointment to discuss your situation. …

    Bond and Botes- 31 readers -
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