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More recently, each side of the aisle agreed to a payroll tax deferral for employers’ portion of Social Security taxes within the CARES Act that was passed this spring. Trump’s payroll tax cut, if made everlasting, would make that happen even faster, as quickly as 2023, said Nancy Altman, president of Social Security Works, an advocacy group.
Bring the required paperwork to a Social Security Administration (SSA) office. You don’t want an appointment, but you might have to wait in line for a number of hours. One of the eligibility necessities for SSDI is to have worked and paid FICA taxes for specified durations of time. If you work and earn no less than $1,410 for one quarter (three months), and pay FICA taxes, you earn one SSDI “work credit.” You can earn as much as four credit inside a 12-month … Read More