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 Would you be willing to forfeit your income tax return for a bit in order to decrease the national debt?
Just curious. I know I would. We are spending this money at the expense of our children's futures....


 Do I have to pay taxes?
I am a college student and i earned $931 from work-study at my school. All this money went to the school for tuition. Should I have filed taxes?...


 What is a 1099-G Form?
Im filling taxes for the first time Online and it asks about a 1099-G form and I dont know what it is. and it wont let me go on without it. Please help....


 Tax rebate check?
If the tax rebate checks are going to be mailed out in May, does anyone know how long it'll take to receive them?...


 Working Tax Credit Disaster?
My partner is being hounded by the Inland Revenue for supposed over payment of Working Tax Credit. Neither of us are daft (I think), but we just cannot work where or why these over payments have ...


 Tax payout stimulus question?
I owe the IRS 2,500.00. Is the Gov't going to not pay me the 300.00 or will they apply it to my balanced owed taxes..or last will they send it out to me anyway to help the economy....


 Can I deduct space in my home used for an office for my business?
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 My 21 yr old son works full time at Walmart and lives at home. Can I claim him as a dependent on my taxes?
He lives at home and I pay all of the bills. He is a 3/4 time student too. I also have an 18 yr old who works maybe 1 day a week for the last 6 months. She is out of high school since May and ...


 Tax question?
my boyfriend had four jobs in 2006 and just filed his tax returns this week and forgot that he still had one more w2 comeing that he got today in the mail, my question is can he file this w2 still ...


 Why do really wealthy people get tax breaks, whereas 'normal' people have to pay it all?
...


 January 2 , 2007 was declared a Federal Holiday-Are Banks open?
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 I am 61.5 and want to use my IRA to buy a home for the first time. Do I incur any tax penaties on this.?
How much can I use and do I incur a tax penalty for this? I am 61.5 years old....


 Can a Florida judge order that a non-custodial parent be allowed to claim child on his taxes.?
I keep finding conflicting information on the internet regarding the authority of state courts. I, as the custodial parent, am the sole provider for my child's health/dental insurance (I footed ...


 I haven't filed income Tax for 18yrs?
I would like to go back and straighten out my taxes. I have been employed and have had taxes deducted from my earnings, but never filed or requested a refund. For the first couple of years I got ...


 How can i discipline myself how to save?
i really wanted to save but i am always tempted to buy something for myself.....


 What is the correct filing status for a married couple with one child and one on the way?
Hi! I live in Louisiana, and we are so confused! We are trying to figure out the best way to file our exemption. Right now we have it as Married and 2. Is this right? My husband is the only one who ...


 How can they say your property tax is going up this year?
we all know that job's are going away and I think that we all have a house that has Depreciated with age I am sure that the lumber will not sell as if it were new, I bet the only Answers I get ...


 Would you support a national sales tax over paying a federal income tax?

Additional Details
It would seem to me that the argument against a national sales tax is that it would hurt the poor.....the poor are already VERY screwed....


 How much tax will I be charged if I work a part time job aswell as my full time job?

Additional Details
im in UK and work full time- 40 hours a week
my part time job will be about 30 hours a ...


 What bill you normally pay more ?? moneywise?
electric, telephone, cooking gas, water, income tax ??...



I am women
Social Security?
If a person is 62 years old and would like to start collecting social security, but they will be find 25% of their earning, so say they get started at 62 years and receive $800.00 a month when they trun 66 will they get the full amount of their social security, at $1000.00 a month or will they just get a raise every year, and they are lock in at 62 with $800.00 and 25% holding.no matter what age going up 63,64,65,66,still remain the same.
                     
 




don_hepburn
They will get the $800 per month for the rest of their lives, with minor 2-4% cost of living increases.

But I figured mine out and If I start collecting at age 65 instead of age 62 I have to live to be 76 years old to break even on actual dollars collected. I may not live that long, I'm gonna take the early lower pension.


rhsaunders
The reduced rate continues indefinitely. Small increases are made to allow for inflation, but the base amount does not change.


mikes subs
Rating
Go to http://www.ssa.gov/ then click on calculate your benefits.

Once you start taking SS at 62, your rate will not go up to the full rate at 65, you are locked in.


thenarcolepticone
Rating
If they get 25% being 800, then 100% would be 3200.

To answer your acual question though, you are locked in. Once you start collecting early, then penalize till you die for it. Stinks...


v b
If you claim social security early, you get a discounted amount for the entire time you collect social security.

Yes, you are gambling as to whether it would be wiser to delay collecting it if you live, say, to be 85 or not.


Judy1
Rating
The reduction in benefits for collecting early will be permanent, won't stop when the person reaches full retirement age. They'd get the regular increases though that everyone gets.


afreeman20035252
Rating
Go here:

http://www.ssa.gov/


wartz
You are entitled to start collecting Social Security at 62. If your full retirement age is 66, your benefits are reduced by 30%, not 25%. You will collect this smaller benefit over a longer period of time--four more years than if you started collecting at 66. On average, you will collect the same either way just spread out over a different length of time. If you don't expect to have an average life expectancy, you should consider taking the lower benefit now. If all of your grandparents lived to be 90, hang on for a while.


Jesse C
you wont get a thing you will be dead by then


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