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Wylder's avatar

Yes, that’s correct. For an individual under TPS status to qualify for Social Security benefits, they would need to earn at least $65,600 in covered earnings, and they would contribute 6.2% of their gross wages to Social Security.

Breakdown:

1. Earnings Requirement: They need to earn at least $65,600 to accumulate 40 credits.

2. Contribution Rate: If they are an employee, 6.2% of their gross earnings would be withheld for Social Security. For $65,600, this would amount to approximately:

3. Self-Employment: If they are self-employed, they would pay 12.4% of their net earnings toward Social Security, which is the combined employee and employer contribution.

In summary, yes, contributing 6.2% of $65,600 would be the employee’s share of the FICA tax needed to qualify for Social Security benefits.

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Wylder's avatar

Individuals under TPS status only need to contribute just over $4,000 into the program to receive benefits.

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JSev's avatar

have you thought about bringing david kilcullen back on to look back at the russia ukraine scenario predictions?

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Romer's avatar

Love how this boomer just causally leaves out that we went in to Iraq for WMDs and then goes on to say we defeated ISIS but we're fighting them in Syria!? I forgot about the part where we defeated Nazi Germany, but kept fighting the Nazi's in Africa for the next 10yrs. Yes, we lost those wars, and it's idiotic takes like that, that make us despise these ppl. They lied for years about how great the war was.

History will look back at dumb dumbs like this and laugh because they simply failed to recon with their mistakes and admit fault.

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