Is there tax on retirement wages?

Answer According to IRS Topic 410, pensions or retirement annuity payments are fully taxable if you did not pay anything to receive the benefit. However, if part of the payments come from after-tax contri... Read More »

Top Q&A For: Is there tax on retirement wages

What if they wouldn't approve your retirement after 30 years service in the Air Force and left with an honorable discharge can you still apply for a retirement?

There Military can not deny your retirement. If you put in your 20+ years and did not leave the military under bad terms then you should be receiving a pension.

Do social security disability payments received before normal retirement age reduce social security retirement payments at normal retirement age?

Indemnity plans do not have to pay the hospital or doctor. Indemnity plans are designed to indemnify either the insured or the provider. That means if you have services that cost 20,000.00 dollars ... Read More »

SSI & Wages?

The United States federal government runs a variety of programs that provide income and benefits to low-income and disadvantaged people. Government programs that provide benefits based on financial... Read More »

What is a levy on wages?

A levy on wages is a legal seizure of your wages to pay off a debt, according to the IRS. If you do not pay your taxes, the IRS can seize your wages to pay them. The IRS can also place a levy on an... Read More »