benefits law

qualified domestic trust

A qualified domestic trust (QDOT) is a trust created for a surviving spouse who is a non-U.S. citizen to qualify for the marital deduction. It allows a non-U.S. citizen married to a U.S. citizen to be eligible for an unlimited marital...

Section 8

Section 8 refers to the Housing Choice Voucher Program, a federally funded program that seeks to help low-income families rent housing in the private market. The Housing Choice Voucher Program is administered at the federal level by the...

self-employment tax

Self-employment tax is the Federal Insurance Contributions Act (FICA) tax that a person who is self-employed must pay on profits. The taxes consist of the Social Security taxes and Medicare taxes which are separate and operate differently. As...

single payer

In health care, single payer is a system that collects all medical fees for a pool of people and pays their doctors from a single government source. The pool of people may be relatively small (e.g., only persons over 65 years of age), or universal (...

Social Security

social security law: an overview

Social security is designed, as the title suggests, to provide security. To protect individuals from unforeseen catastrophes, the government spreads certain risks among all members of society so that no single family...

Social Security Administration

The Social Security Administration (SSA) is a Federal agency established in 1935 as part of President Franklin Delano Roosevelt's New Deal that manages the old age, survivors, and disability insurance programs (OASDI) also known as “social...

Social Security Disability Insurance (SSD)

Social Security Disability Insurance is a federal program that pays benefits to injured and disabled workers and certain members of their family if the worker is "insured," meaning that they worked a required amount of time and paid Social Security...

Social Security Number (SSN)

A Social Security Number (SSN) is a unique nine-digit number assigned to U.S. citizens, permanent residents, or temporary working residents. The SSN was created in 1936 to keep track of the earnings history of U.S. workers for social security...

Social Security statement

A social security statement is the letter created for each taxpayer by the Social Security Administration which details the amount the individual has paid towards social security and their estimated payments at retirement. A social security...

Social Security tax

Social Security tax is a FICA tax on wages which provides most of the funding for Social Security. The tax is 12.4% of an employee’s wages, but the tax cost is split between the employee and employer with each paying 6.2%. This tax only...

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