Here are the top best Social security marriage penalty voted by readers and compiled and edited by our team, let’s find out
Table of Contents
1 What is the "marriage penalty," and does it still exist? | Nolo
- Author: nolo.com
- Published: 07/27/2022
- Review: 4.85 (879 vote)
- Summary: When it comes to taxing Social Security, the marriage penalty is very much alive and well. Older married couples that have modest incomes and receive Social
- Detail: https://www.nolo.com/legal-encyclopedia/question-what-marriage-penalty-does-still-28162.html
2 Whats Next In Marriage Equality For People With Disabilities?
- Author: forbes.com
- Published: 04/28/2022
- Review: 4.75 (376 vote)
- Summary: · … Disabled Adults Act would eliminate a few of what are informally called “marriage penalties.” These are a cluster of Social Security,
- Source: These rules that relate to disabled people and marriage seem especially unjust and emotionally punishing. They also clash with values that are cherished across the political spectrum — the universality of love, the stabilizing influence of family, …
- Detail: https://www.forbes.com/sites/andrewpulrang/2022/03/31/whats-next-in-marriage-equality-for-people-with-disabilities/
3 What Happens When Persons Living with Disabilities Marry? [Guide]
- Author: specialneedsalliance.org
- Published: 04/03/2022
- Review: 4.55 (569 vote)
- Summary: · If Daniel also receives SSI, then they will both remain eligible, but there is a “marriage penalty.” As individuals, each may have $2,000, but
- Source: In a typical estate planning case, a spouse is usually named as the primary agent under a power of attorney and health care directive to make both financial and medical decisions in the event of unexpected incapacity. When an individual with a …
- Detail: https://www.specialneedsalliance.org/the-voice/what-happens-when-persons-living-with-disabilities-marry-2/
4 Research: Treatment of Married Couples in the SSI Program
- Author: ssa.gov
- Published: 09/05/2022
- Review: 4.36 (538 vote)
- Summary: The first $65 of earned income plus one-half of the remainder is excluded from the eligible individual’s or eligible couple’s countable earned income. Like the
- Source: The first three options reflect different approaches to setting SSI benefits for married couples relative to other recipients and would make the program more neutral toward marital status. Option 1 would significantly raise program costs and would …
- Detail: https://www.ssa.gov/policy/docs/issuepapers/ip2003-01.html
5 SSAB to Host Briefing on Social Security Marriage Penalties | SSAB
- Author: ssab.gov
- Published: 11/18/2021
- Review: 4.1 (238 vote)
- Summary: · SSAB to Host Briefing on Social Security Marriage Penalties … Washington, DC – On Friday, July 29, at 11 am ET, a Consortium for Constituents
- Source: The first three options reflect different approaches to setting SSI benefits for married couples relative to other recipients and would make the program more neutral toward marital status. Option 1 would significantly raise program costs and would …
- Detail: https://www.ssab.gov/announcements/ssab-to-host-briefing-on-social-security-marriage-penalties/
6 Social Security Survivor Benefits for Widowed Spouses in Retirement – National Academy of Social Insurance
- Author: nasi.org
- Published: 09/02/2022
- Review: 3.84 (542 vote)
- Summary: Depending on the widow’s or widower’s circumstances, however, this benefit may substantially reduce her (his) monthly household income because only one Social
- Source: Social Security is a key source of financial security to widowed spouses. About 7.8 million individuals aged 60 and older receive Social Security benefits based, at least in part, on a deceased spouse’s work record. These surviving spouse …
- Detail: https://www.nasi.org/learn/social-security/social-security-for-widowed-spouses-in-retirement/
7 Will Marriage Affect My Social Security Benefits?
- Author: aarp.org
- Published: 02/13/2022
- Review: 3.63 (296 vote)
- Summary: · Marriage has no impact on your Social Security retirement benefit, which is based on your work record and earnings history
- Source: Social Security is a key source of financial security to widowed spouses. About 7.8 million individuals aged 60 and older receive Social Security benefits based, at least in part, on a deceased spouse’s work record. These surviving spouse …
- Detail: https://www.aarp.org/retirement/social-security/questions-answers/does-marriage-affect-social-security.html
8 Determined to say I do, Salinas couple fights marriage penalties | 90.3 KAZU
- Author: kazu.org
- Published: 04/25/2022
- Review: 3.56 (549 vote)
- Summary: · Senator Sherrod Brown (D-OH) introduced the legislation last June. Under current law, married couples are docked 25 percent of their SSI
- Source: Lori Long of Salinas, California, had no idea about the rules when she got engaged back in 2016. Her fiancé, Mark Contreras, proposed on Christmas Day. Long started shopping for a wedding dress, thought about possible venues, and looked at …
- Detail: https://www.kazu.org/2022-02-11/determined-to-say-i-do-salinas-couple-fights-marriage-penalties
9 Young widow(er)s, Social Security, and marriage | eScholarshipBC
- Author: dlib.bc.edu
- Published: 02/09/2022
- Review: 3.22 (589 vote)
- Summary: The Social Security program, like the federal income tax system, is not marriage neutral. In the income tax literature, when a couple faces a higher (lower) tax
- Source: Lori Long of Salinas, California, had no idea about the rules when she got engaged back in 2016. Her fiancé, Mark Contreras, proposed on Christmas Day. Long started shopping for a wedding dress, thought about possible venues, and looked at …
- Detail: https://dlib.bc.edu/islandora/object/bc-ir:101014
10 Marriage Tax Penalty – FindLaw
- Author: findlaw.com
- Published: 11/12/2021
- Review: 3.11 (251 vote)
- Summary: The marriage penalty sometimes affects the amount of federal income tax older couples pay on Social Security benefits. For example, if the base amount of a
- Source: Lori Long of Salinas, California, had no idea about the rules when she got engaged back in 2016. Her fiancé, Mark Contreras, proposed on Christmas Day. Long started shopping for a wedding dress, thought about possible venues, and looked at …
- Detail: https://www.findlaw.com/tax/federal-taxes/marriage-tax-penalty.html
11 New York Times article on the DAC marriage penalty NOSSCR
- Author: nosscr.org
- Published: 07/22/2022
- Review: 2.83 (103 vote)
- Summary: Yet, for many Americans who qualify as Disabled Adult Children (DAC) and receive Social Security disability or receive SSI benefits based on disability,
- Source: Lori Long of Salinas, California, had no idea about the rules when she got engaged back in 2016. Her fiancé, Mark Contreras, proposed on Christmas Day. Long started shopping for a wedding dress, thought about possible venues, and looked at …
- Detail: https://nosscr.org/new-york-time-article-on-the-dac-marriage-penalty/
12 Marriage Calculator
- Author: tpc-marriage-calculator.urban.org
- Published: 02/21/2022
- Review: 2.73 (168 vote)
- Summary: A couple pays a “marriage penalty” if the partners pay more income tax as a married couple than they would pay as unmarried individuals
- Source: Lori Long of Salinas, California, had no idea about the rules when she got engaged back in 2016. Her fiancé, Mark Contreras, proposed on Christmas Day. Long started shopping for a wedding dress, thought about possible venues, and looked at …
- Detail: https://tpc-marriage-calculator.urban.org/
13 Impact | Volume 23, Number 2 | People with Disabilities and the Federal Marriage Penalties | Institute on Community Integration Publications
- Author: publications.ici.umn.edu
- Published: 05/31/2022
- Review: 2.72 (86 vote)
- Summary: It provides cash to meet basic needs for food, clothing, and shelter. If two people receiving SSI get married, they will receive 25% less in benefits than they
- Source: Today, I am truly lucky to have a job where I make enough money that I do not have to worry about SSI benefits. But, many other people with disabilities are not in my position. That’s why I’m working with others to try to eliminate the marriage …
- Detail: https://publications.ici.umn.edu/impact/23-2/people-with-disabilities-and-the-federal-marriage-penalties
14 SSI And The Marriage Penalty | Greeman Toomey, PLLC
- Author: greemantoomey.com
- Published: 02/16/2022
- Review: 2.65 (175 vote)
- Summary: And if so, why is the married couple eligible for $400 less in benefits every month because they are married? The maximum monthly SSI benefit rate for an
- Source: Today, I am truly lucky to have a job where I make enough money that I do not have to worry about SSI benefits. But, many other people with disabilities are not in my position. That’s why I’m working with others to try to eliminate the marriage …
- Detail: https://www.greemantoomey.com/ssi-and-the-marriage-penalty/
15 Marriage Penalties in Social Security Programs | NBER
- Author: nber.org
- Published: 03/05/2022
- Review: 2.58 (85 vote)
- Summary: A marriage penalty exists if two individuals pay higher taxes or receive lower benefits as a married couple than they would if unmarried. Economic theory
- Source: Past research has found that marriage penalties have only a very modest effect on marriage rates. However, this relationship is inherently difficult to study because the size of the marriage penalty is usually determined by factors such as family …
- Detail: https://www.nber.org/bah/spring03/marriage-penalties-social-security-programs
16 The crushing financial penalties for marriage in your later years — courtesy of Uncle Sam – MarketWatch
- Author: marketwatch.com
- Published: 05/31/2022
- Review: 2.49 (140 vote)
- Summary: · The first income threshold is $25,000 for a single person, and $32,000 for a couple. The second threshold is $34,000 for a single person, and
- Source: The first income threshold is $25,000 for a single person, and $32,000 for a couple. The second threshold is $34,000 for a single person, and $44,000 for a couple. That means two unmarried people living together with incomes of $25,000 apiece will …
- Detail: https://www.marketwatch.com/story/the-crushing-financial-penalties-for-marriage-in-your-later-years-courtesy-of-uncle-sam-11661175459
17 How Does the Marriage Penalty Affect Social Security Disability? – Jeffrey Freedman Attorneys PLLC
- Author: jeffreyfreedman.com
- Published: 08/22/2022
- Review: 2.24 (67 vote)
- Summary: · You may lose your eligibility for SSI benefits entirely, or the amount that you receive each month could be reduced. If you both collect SSI
- Source: The first income threshold is $25,000 for a single person, and $32,000 for a couple. The second threshold is $34,000 for a single person, and $44,000 for a couple. That means two unmarried people living together with incomes of $25,000 apiece will …
- Detail: https://www.jeffreyfreedman.com/how-does-the-marriage-penalty-affect-social-security-disability/
18 Supplemental Security Income (SSI) and the "Spousal Deeming" Marriage Penalty – Disability Rights Education & Defense Fund
- Author: dredf.org
- Published: 08/12/2022
- Review: 2.28 (166 vote)
- Summary: · When an SSI recipient marries a person who is not on SSI, a portion of the non-SSI spouse’s income is counted by the SSA and can cause the SSI
- Source: “Spousal deeming” also applies to assets. If the combined countable assets of the couple exceeds $3,000, then the SSI spouse no longer qualifies for SSI and can lose Medicaid. With such a low asset limit, marrying someone with $3,500 in savings …
- Detail: https://dredf.org/2022/08/22/supplemental-security-income-ssi-and-the-spousal-deeming-marriage-penalty/
19 The Marriage Penalty: Alive and Well in the Tax Code
- Author: glccpa.com
- Published: 11/09/2021
- Review: 2.12 (86 vote)
- Summary: Talk about insult! You make it to retirement as a couple and then get your Social Security taxed more quickly. This occurs because two single seniors start
- Source: One of the new provisions in the tax code that limits itemizing deductions is the $10,000 upper limit on taxes, like property taxes and sales taxes, which can be used for itemizing deductions for a single taxpayer. The limit for a married couple? …
- Detail: https://www.glccpa.com/marriage-penalty/
20 Let the wedding bells ring: There is no marriage penalty with Social Security
- Author: dallasnews.com
- Published: 05/10/2022
- Review: 1.93 (169 vote)
- Summary: · The primary message of this column is that there is no marriage penalty associated with Social Security when it comes to your own Social
- Source: One of the new provisions in the tax code that limits itemizing deductions is the $10,000 upper limit on taxes, like property taxes and sales taxes, which can be used for itemizing deductions for a single taxpayer. The limit for a married couple? …
- Detail: https://www.dallasnews.com/sponsored/2021/07/18/let-the-wedding-bells-ring-there-is-no-marriage-penalty-with-social-security/
