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Title: Social Security Benefits
Sub-title: Calculation, Taxation, Offsets & the Special Minimum
Edited by: Grace Paddon
ISBN10-13: 1633217809 : 9781633217805
Format: Paperback
Size: 229x152mm
Pages: 74
Weight: .168 Kg.
Published: Nova Science Publishers, Inc (US) - November   2014
List Price: 84.99 Pounds Sterling
Availability: In Stock   Qty Available: 3
Subjects: Welfare & benefit systems : Economics
With $812 billion in benefit outlays in 2013, Social Security is the largest program in the federal budget. It provides monthly cash benefits to retired and disabled workers and their family members as well as to the family members of deceased workers. Currently, there are about 58 million beneficiaries. Under current law, Social Security's revenues are projected to be insufficient to pay full scheduled benefits after 2033. Monthly benefit amounts are determined by federal law. Social Security is an issue of ongoing interest both because of its role in supporting a large portion of the population and because of its long-term financial imbalance, and policy makers have considered numerous proposals to change its benefit computation rules. This book discusses the calculation of social security benefits, as well as the taxation, offsets and the special minimum benefits.
Table of Contents:
Preface; How Social Security Benefits Are Computed: In Brief; Social Security: Calculation & History of Taxing Benefits; Social Security: The Government Pension Offset (GPO); Social Security: The Windfall Elimination Provision (WEP); Social Security: Minimum Benefits; Index.
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