Social Security Cost of Living Increase

by admin on July 20, 2017

Social Security has announced the cost of living increase for 2007. This increase will be a 3.3% raise reflected in your January check. The Medicare Part B premium is also going up; this premium will have a $5 increase from $88.50 to $93.50, also effective in January 2007.

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Social Security 1099 Forms

June 30, 2017

As of today Social Security has completed mailing form 1099 to all Disability and Retirement beneficiaries. The amounts on this 1099 have been reported to IRS for tax purposes. Remember, Social Security benefits (with the exception of SSI) are not exempt from Federal income tax. Whether or not you have to pay income tax at [...]

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Social Security Privatization is Not Dead

June 10, 2017

You may recall the Bush Administration suffered a defeat in their attempt to privatize Social Security. After this initiative failed due to public outcry, the focus of Bush’s presidency shifted back to the war in Iraq. This defeat does not mean the Republican efforts to outsource Social Security are finished, not by a long shot. [...]

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Social Security and Power of Attorney

May 11, 2017

You might think because you have “Power of Attorney” for your relative or loved one you will be able to conduct business for them with the Social Security Administration. The agency does not recognize “Power of Attorney” and this document will get you no information from Social Security about your relative or loved one. Social [...]

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Replacing Your Social Security Card

May 1, 2017

Millions of people request replacement Social Security cards every year. Social Security has recently changed the rules for accepting applications for these cards. Here is what you need to know to get your Social Security card replaced. In order to replace your Social Security card you will need to fill out an application; the application [...]

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