Social Security Inquiries On Tax Rules And Benefits
A reader asks about tax on Social Security when self employed and the effect of earnings on benefits. The columnist explains that Social Security tax applies to covered wages up to $4,200 and that benefits at 65 depend on years worked and annual earnings, with $1,200 yearly limit affecting monthly checks and the $80 income rule.
MENTIONED IN THIS ARTICLE
Co. B
Red China Defends 2 Killings in Korea
Peiping radio disputed a United Nations Command report that two South Koreans were killed in the Korean armistice demilitarized zone on June 2. The Chinese radio claimed the Koreans were among more than 10 anti-communist agents who infiltrated the DMZ with a truck, wounding a Communist patrolman before Chinese police counterattacked and killed two invading agents.
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Tokyo
Peiping
United Nations Command
U.N
Red China
Demilitarized Zone
Medal to honor editor in Atlantic City
The American Chemical Society announced the establishment of the James T. Grady medal to recognize distinguished reporting of chemical progress to the public. It honors the ACS News Service former managing editor who died last November.
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Atlantic City
James T. Grady
American Society
ACS
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