Social Security Explained: Payroll Management Professional Series - Softcover

Editorial Staff, Wolters Kluwer

 
9781543832280: Social Security Explained: Payroll Management Professional Series

Synopsis

The 2021 Edition of Social Security Explained provides a succinct, comprehensive, and detailed explanation of the federal old-age, survivor’s, and disability insurance programs under the Social Security Act.

Social Security Explained, 2021 Edition covers:

  • Who is covered by the Social Security system
  • Liability for Social Security tax
  • How a worker acquires “insured status” required for benefit eligibility
  • Conditions of entitlement by a worker, self-employed person, and spousal and child beneficiaries to the various kinds of Social Security benefits
  • Taxation of benefits
  • Strategies for increasing benefits and managing attendant tax consequences

In addition to thorough analysis of the applicable laws, regulations, and administrative rulings, Social Security Explained, 2021 Edition includes:

  • The latest earnings base for the Social Security tax and Medicare portion of the tax, as well as the annual earnings or retirement test amount
  • The formula for the calculation of the maximum total amounts a family can receive in 2021 and prior years
  • And much more!

Previous Edition: Social Security Explained, 2020 Edition, ISBN: 9781543819526

"synopsis" may belong to another edition of this title.