National Social Security Month is celebrated in April and is dedicated to educating you about Social Security programs and services. From programs that help support you through life’s journey, to services that help put you in control, to systems that help protect what’s important to you, Social Security is committed to helping secure today and tomorrow for you and your family. Continue reading
Right after Halloween, stores and businesses begin advertising that they’re looking for seasonal workers. It’s a good way to make extra income during the busy holiday season. We know you may have some questions about seasonal work and how it affects your work record. Social Security is here to answer your top three questions about seasonal work.
- Do I earn credits toward future Social Security benefits if I get a job during the holidays?
At first, seeing taxes taken out of your paycheck can be a little disappointing. However, you can take pride in knowing you’re making an important impact each week when you contribute to Social Security. Understanding how important your contribution is takes some of the sting away because your taxes are helping millions of Americans — and protecting you and your family for life — as well as wounded warriors, the chronically ill, and disabled. Continue reading
Your first job is a landmark occasion. You’re meeting new people, making professional connections, and probably cashing that first paycheck. You might be a little surprised when you see a portion of your earnings go to a tax called “FICA” for the Federal Insurance Contributions Act. This deduction goes to Social Security and is your way of helping us secure your today and tomorrow. It’s our job to keep the safety net of Social Security strong through your incremental contributions. Continue reading
There are a number of people who choose to live their retirement years in places outside of the United States. Perhaps retirement in Thailand or Portugal is in your plans. Maybe you plan to split your year between Central Europe and Central Asia. In many cases, it’s still possible to receive your retirement benefits while living abroad. Our website can help you navigate your benefit eligibility while living overseas.
Social Security’s Acting Commissioner, Carolyn W. Colvin, likes to tell this amusing story. A colleague’s teenage daughter came home bursting with excitement after receiving her first paycheck. But she had one question about her earnings statement.
“Well, Dad” — she asked him earnestly — “who is this FICA?” Continue reading