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Social Security Act of 1935; Other short titles: Social Security Act: Long title: An Act to provide for the general welfare by establishing a system of Federal old-age benefits, and by enabling the several States to make more adequate provision for aged persons, dependent and crippled children, maternal and child welfare, public health, and the administration of their unemployment laws; to ...
A poster for the expansion of the Social Security Act. In the original 1935 law, the benefit provisions were in Title II of the Act (which is why Social Security is sometimes referred to as the "Title II" program.) The taxing provisions were in a separate title (Title VIII) (for reasons related to the constitutionality of the 1935 Act).
1967 - Social Security Act Amendments, Pub. L. 90–248 1969 - Tax Reform Act of 1969 , Pub. L. 91–172 1971 - Social Security Amendments, Pub. L. 92–5
The Federal Insurance Contributions Act (FICA) (codified in the Internal Revenue Code) imposes a Social Security withholding tax equal to 6.20% of the gross wage amount, up to but not exceeding the Social Security Wage Base ($97,500 for 2007; $102,000 for 2008; and $106,800 for 2009, 2010, and 2011). The same 6.20% tax is imposed on employers.
With Trump preparing to be sworn in for his nonconsecutive second term in two days (Jan. 20), ... 60 votes are needed in the Senate to amend the Social Security Act. The last time either party ...
Bipartisan support for the Social Security Fairness Act. ... Dec. 20. Social Security is projected to run out of funds in 2035 unless there is a change made to the fund's cost and revenue system. ...
The Social Security Fairness Act (SSFA), which was recently signed into law by former president Joe Biden, eliminates rules that reduce Social Security benefits for those who also get income from...
A 1954 amendment to the Social Security Act stripped old-age benefits from contributors who were deported under the Immigration and Nationality Act.The following year Ephram Nestor, an alien from Bulgaria who had paid into Social Security for 19 years, began drawing benefits.