Monthly Archives: June 2016
Some workers who have work-related injuries or illnesses qualify for Social Security disability benefits and workers’ compensation benefits; but do they receive both benefits as the same time? A worker can receive both benefits, but they won’t receive the full amount. The combined amount received can’t exceed 80% of the amount they made while working.
Remember getting your first paycheck with the anticipation of how much you will receive until you see all the taxes taken out of your check? As Americans we pay 12.4% of the first $118,000 earned to Social Security. When you are employed you and your employer each pay half, but contractors pay the full tax […]