Guest guest Posted May 26, 2007 Report Share Posted May 26, 2007 I > Since the minimum wage increase has been approved, I wonder what effect it > will have on our incomes. Do any of you think our disability checks will > jump that much? =8<}>>>>> > > I wish I had a disabilty income! All we do is pay taxes... Pris ************************************** See what's free at http://www.aol.com. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted May 26, 2007 Report Share Posted May 26, 2007 Since the minimum wage increase has been approved, I wonder what effect it will have on our incomes. Do any of you think our disability checks will jump that much? =8<} Dennis in Eastexas " It's not Rocket Surgery " Quote Link to comment Share on other sites More sharing options...
Guest guest Posted May 26, 2007 Report Share Posted May 26, 2007 betnden@... wrote: > > >Since the minimum wage increase has been approved, I wonder what > effect it > will have on our incomes. Do any of you think our disability checks will > jump that much? =8<} > Ha Ha Ha Ha, yeah right. Nina Quote Link to comment Share on other sites More sharing options...
Guest guest Posted May 26, 2007 Report Share Posted May 26, 2007 Wishful thinking! You get a 2% increase in January. Jeanette Kercheval --------------------------------- The fish are biting. Get more visitors on your site using Search Marketing. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted May 26, 2007 Report Share Posted May 26, 2007 I > If it's any consolation to you, I have to pay taxes on my pittance of a > disability check.>>>> > What figure do they base your monthly amount of disability on? Must be hard to make it! Pris ************************************** See what's free at http://www.aol.com. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted May 26, 2007 Report Share Posted May 26, 2007 NELLIESTAR@... wrote: > > > >I wish I had a disabilty income! > All we do is pay taxes... > If it's any consolation to you, I have to pay taxes on my pittance of a disability check. Nina Quote Link to comment Share on other sites More sharing options...
Guest guest Posted May 26, 2007 Report Share Posted May 26, 2007 I have been collecting SSD since 1971. A raise in the minimum wage has yet to affect my income. > > Since the minimum wage increase has been approved, I wonder what effect it > will have on our incomes. Do any of you think our disability checks will > jump that much? =8<} > > Dennis in Eastexas > " It's not Rocket Surgery " > Quote Link to comment Share on other sites More sharing options...
Guest guest Posted May 26, 2007 Report Share Posted May 26, 2007 NELLIESTAR@... wrote: > > > >What figure do they base your monthly amount of disability on? > Must be hard to make it! > How much I made during the last three years I worked, I think. It has something to do with points and quarters, but I don't recall exactly how it works. What got me was I took two years off because I was feeling so bad (not knowing what was wrong with me) and then took a job at $6000 a year less than than my previous job. If my husband didn't work, I'd starve to death and be homeless. We had a real tough time three years ago when he had emergency quadruple bypass surgery and was off work for several months (no sick pay). Nina Quote Link to comment Share on other sites More sharing options...
Guest guest Posted May 27, 2007 Report Share Posted May 27, 2007 It's calculated on how much you have made in your lifetime and paid into SS. Normally, when you retire early, you lose a percentage of what you would have made at age 65. For those of us that get SSD, it's determined without any early penalty, you would make as much as if you had turned 65 at that time. In my case, retirement was at age 46, so I had only worked for about 30 years instead of the 50 that I would have worked otherwise. I could have recieved about double what I get now if I'd been able to work until retirement age. It's not much, but it's at least something. Dennis in eastexas > > > I > > > > If it's any consolation to you, I have to pay taxes on my pittance of a > > disability check.>>>> > > > > What figure do they base your monthly amount of disability on? > Must be hard to make it! > Pris > > > > > > > > ************************************** > See what's free at http://www.aol.com. > > > Quote Link to comment Share on other sites More sharing options...
Guest guest Posted May 27, 2007 Report Share Posted May 27, 2007 from: http://www.ssa.gov/pubs/10153.html Paying taxes on your benefits Some people who get Social Security have to pay taxes on their benefits. About one-third of our current beneficiaries pay taxes on their benefits. You will be affected only if you have substantial income in addition to your Social Security benefits. If you file a federal tax return as an “individual” and your income is more than $25,000, you have to pay taxes. If you file a joint return, you may have to pay taxes if you and your spouse have a combined income that is more than $32,000. If you are married and file a separate return, you will probably pay taxes on your benefits. --------------------------------- Need a vacation? Get great deals to amazing places on Travel. Quote Link to comment Share on other sites More sharing options...
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