FICA LIMIT 2015

FICA LIMIT
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… remuneration made simplest to staff in consideration for employment”; and (ii) the provisions of the internal revenue Code (see 26 usaC. §§ 3401(a) and 3402(o)) governing income-tax withholding don’t restrict the which means of “wages” for FICA purposes.
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FICA LIMIT
Belleville, sick (PRWEB) September 12, 2015

Allsup, a nationwide supplier of Social security disability insurance coverage (SSDI) illustration, will current a workshop on the “energy of incapacity Literacy” on the 2015 nationwide residence and group primarily based services conference (HCBSC), Sept. sixteen-18, in Arlington, Virginia.

disability literacy is the power to acquire and take note data regarding well being, budget and instruments to adapt to, look ahead to and overcome challenges due to a chronic sickness or disability.

“many of us are accustomed to the terms health literacy and monetary literacy,” said Allsup manager of Strategic Alliances, Tai Venuti. “disability literacy is every other vital thought that helps individuals better handle their health and price range.”

in step with the Social security Administration, these days’s 20-yr-outdated has a 1 in four likelihood of turning into disabled earlier than accomplishing retirement age.

“just about everybody has a member of the family or knows somebody who had to limit or stop working as a result of a psychological or bodily condition,” mentioned Venuti. “however, not up to a 3rd of yank staff have private sector long-time period incapacity insurance.

“figuring out packages like SSDI, which most American staff pay into via their FICA taxes, empowers them to make informed selections and take motion to offer protection to their health and price range when they may be able to not work.”

An Allsup survey of individuals with disabilities who had been denied SSDI advantages on the initial degree published they skilled monetary crises, extreme stress and declining health. click here to peer the survey. just about 90 % mentioned they faced terrible impacts whereas going through the SSDI appeals process. These integrated:

    Stress on domestic – sixty three percent
    Worsening sickness – 53 percent
    Draining of retirement/savings – 35 percent
    lost medical health insurance – 24 percent
    missed loan payments – 14 p.c
    foreclosure – 6 percent
    chapter – 5 p.c

“Many of those poor effects can also be avoided if people join with the right instruments at the right time,” mentioned Venuti. “That’s the place disability literacy is available in to play―figuring out what sort of assist is on hand, and when and learn how to get entry to that assist.”

more than 1,000 nationwide, federal, state and native leaders, advocates, and champions for children, older adults, and individuals with disabilities from across the nation are expected to attend the HCBSC. For more knowledge on the conference, click here

For knowledge on SSDI eligibility, seek advice from professional.Allsup.com or call Allsup’s disability evaluation middle at (888) 841-2126.

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ABOUT ALLSUP

Allsup is a nationwide supplier of Social security disability, veterans disability appeal, Medicare and Medicare Secondary Payer compliance services and products for people, employers and insurance carriers. Allsup experts ship specialized services aiding people with disabilities and seniors so they may lead lives that are as financially steady and as healthy as conceivable. founded in 1984, the company is based in Belleville, Illinois, near St. Louis. For more data, go to http://www.Allsup.com or consult with Allsup on fb at http://www.fb.com/Allsupinc.

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