 Is it generally better to file alone or with your wife? |
| I expect to have $1800 taken out for federal and $700 for state. She will have about $1100 for federal and $500 for state. We have no kids and claim each other.... |
|
 Stimulus payment...by or mailed on the 23rd? |
Well, we got our letter. The letter says we should get our paper check by the 23rd, but "where's my stimulus payment" says scheduled to be MAILED on the 23rd.
Anyone else ... |
|
 Has anybody heard about some tax break everyone is suppose to get? |
| I been hearing a lot of people talking about how everyone is suppose to get like 200.00 dollars or some lump some of money from the government for the gas prices being so high and that we are suppose ... |
|
 Where to buy turbotax software for less ? |
| turbotax the tax prep software is available in may retail outlets. I want to buy a retail copy not online. I'm looking to find a place which will see the software for less. Throwing this ... |
|
 I've just noticed that one of my customers has given me a cheque dated December 2006.? |
She's an old dear who lives miles away.
If I just paid it into my Bank would it go through?
I don't fancy trapzing all the way back to get it altered. I know that cheques have to ... |
|
 I recieve child support,the father is claiming them on his taxes? |
| i know this is illeagel im custodial parent and the children live with me all year long what can i do about this??... |
|
 Anyone know about taxes? |
| ok in 2005 my husband file his taxes he made 17,??? and for 2006 he made 32,000 ok he files head of household and claims 2 kids i don't have my name on his taxes (thats the way we want it) ok ... |
|
 Can my parents still clam me on their taxes? |
i am 20 and still live with them. if so what is the cut off for being clamed as a dependent.
Additional Details
if i go a head and clam my self as a dependent and it truns out they cant ... |
|
|  |
Nicole J | Can I opt out of Social Security? What is the process to do so? |
|
 |
 
Thomas B
|
Get a Federal, State, County or Distric Job, simply put the people who created Social Security do not contribute to it :)
Good Luck! |
|
Info@bcbsinc.com
 |
All answers seem logical for the most part. And there is one more. If you make up to a certain amount, I'm sure you're not there yet then you're not subject to the tax after that amount of income. But then again, if you were at that level you'd be more worried like myself and many clients, how to make even more as it is such a small amount in the end. Poor old grandma and those who jerk the system depend on you didn't you know?
I mean you wouldn't want someone with a supposed disorder starving to death would you. It is folks like you dear that keep this nation strong so keep up the good work. I think it will be good to pay into it like most people think, heck it is probably a good starbucks savings account at least. Fools I tell you. We need to put it in our own hands. Aka let the people not Barnhart decide what to do with our retirement funds. I'm an accountant I can figure it out quite well.
So you could more or less opt out at a certain level like me by becoming a president and making 3 figures. If that isn't logical and possible suggest you find a job that qualifies. if that isn't possible. Commissioner Barnhart (Current SSA Commissioner) thanks you kind sole.
Don't forget you're one of the people that keep people like her in a job. Now you wouldn't want to take away her job now would you. Believe me, I know, she is a fine lady.
All wages no matter how much money you made are forever subject to medicare though I dont' see myself ever using it or having to. To me I want to know how you opt out of Medicare. I've already figured out the other so stated. Any ideas?
Good luck
Wayne Barney
President
BC Business Services, Inc. |
|
truth
 |
OPM forget one.
be come Amish.
No if a government employee you do not have to pay in to it.
It would be nice if we could control our own total investment for our own future instead of big brother.
how are you? |
|
Gabriel Archangel
|
I paid in tons of SS tax and believe it or not I really did not gripe that much. Now I have a legitimate disability and while it was a big todo to get it, my SS check is the only thing I have as all of my other savings and stocks and it was thousands, went to medical bills. Now people shake their heads and ask how can I have such a high SS check $1,850 a month. Well, if you pay in a lot you get more back. And my kids get about $975 per month. But that's still not much if you think about it. So, why in the world would anyone opt out of SS?
Remember I told you all my other savings went to medical bills, well that was in excess of $100,000. So you really think you can save enough on your own? |
|
acermill
|
You cannot opt out unless you are in one of those rare jobs which allow it. |
|
Mark C
 |
No. Social Security coverage is mandatory. But consider this: unlike your private plan, Social Security provides disability and survivors coverage in addition to retirement benefits. And Social Security generally offers greater protection for family members than private pensions.
The law also does not permit a refund of Social Security taxes
I wish I could have opted out. I do know I could make more investing my money. I know I put my money in the SSA, but I have a zero account until I can use SSA. My money is not going into my very own account. |
|
OPM
|
There are four ways, although you are not "opting out," you simply cease contributing. If you qualify for social security by having worked 40 quarters then you will receive benefits when you retire, otherwise any contributed money is lost.
1) A handful of states do not permit their employees to pay into Social Security. They pay the state instead and the state provides the benefits.
2) You can take a vow of poverty and enter a Catholic religious order and remain there for life.
3) Certain churches do not believe in Social Security and their ministers, but not church workers are exempt from paying in. You must pay into the church's system however and live on a minister's wage. I am pretty sure, however, that the few churches that do not believe in Social Security also do not ordain women.
4) You can become a railroad worker, although you must pay into the railroad system which is about the same as Social Security. |
|
bull_rooster_aardvark
 |
Do you mean opt out of having social security taken out of your paychecks - no. If you mean opt out of receiving payments from social security, I guess you could just tell them not to send you payments (or throw away the checks when you get them) but since this is free money (or at least money you have already paid for) I doubt you'd want to opt out of this. |
|
PepsiLime
|
You can't unless you work for an organization that doesn't belong to Social Security. Being a state employee in many states (at least in Massachusetts anyways), means you do not contribute to social security. You do contribute to medicare though, but not social security. But you do contribute to a state retirement system instead of social security. |
|
private
|
Wow, Nicole, you poped a big one there. Everywhere you go,
and every place you go, and every bank, etc. Requires a
Social Security Number. If you have a number now, but don't
pay into it. You won't have anything to take out later on.
It would be like signing up at a health spa, and never going
there to work out.
Years ago. People who had well water didn't want to pay for
city water, so the city taxed them for using the sewers.
The government wants their money. And they have their ways.
When you get old, and are without social security. How will
you get medicare or medicaid, or will us "other" taxpayers
have to foot your bills. <l:-})-{* |
|
Shortstuff13
|
Why would you want to do that? You have paid into it for how long? Don't you want to get what's coming to you? (while the money is there?) |
|
jimmymae2000
|
No, and be thank full you can't. |
|
Judy1
|
There are very few jobs in the US where you are not required to contribute to social security. |
|
open thoughts
|
I wish I could. I would take the money that I am throwing at it, and invest it. I could fund the retirement of several people with what I pay in and some wise investing.
Gabriel...setting aside 10% of my income over 15 years, and wisely investing it has me with liquid assets that would pay me MUCH more than that for the rest of my life, with no more income...provided I do not live more than 120 years. So, YES, I can do better than that. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
14 | 2 minutes(s) ago
| | | |
14 | 3 minutes(s) ago
| | | |
14 | 11 minutes(s) ago
| | | |
14 | 32 minutes(s) ago
| | | |
14 | 44 minutes(s) ago
| | | |
13 | 3 hour(s) ago
| | | |
12 | 8 hour(s) ago
| | | |
13 | 2 day(s) ago
| | | |
13 | 5 day(s) ago
| | | |
14 | 2 week(s) ago
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
