Combined Income represents the total of Modified Adjusted Gross Income (MAGI) plus 50% of Social Security benefits, used to determine the taxable portion of the Social Security benefits.
A means of targeting social security benefits to those most in need using the income-tax system. After submitting an income-tax return showing an income level below a set minimum, an individual would receive a direct subsidy from the tax authorities bringing income up to that level.
Primary Insurance Amount (PIA) is the fundamental figure used by the Social Security Administration (SSA) to determine the Social Security benefits individuals are entitled to.
An in-depth overview of the Elderly or Permanently and Totally Disabled Tax Credit, providing tax benefits for qualifying elderly or disabled taxpayers.
The Survivors Program within the Social Security System provides financial support consisting of lump-sum and monthly payments to the dependents of a deceased qualifying worker.
