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2. How Social Security benefits are calculated - AOL

   www.aol.com/finance/social-security-benefits...

   So to earn 40 credits, you’ll need to meet the minimum wage or self-employment income in at least 10 years, though they need not be consecutive. And don’t sweat it if you’re self-employed ...

3. 6 Things You Must Know About Social Security If You’re Self ...

   www.aol.com/finance/6-things-must-know-social...

   Social Security gets the vast majority of its funding -- more than three-quarters -- from payroll taxes. Most workers in the United States pay 6.2% of their wages into Social Security taxes, and ...

4. What Are Social Security Credits and How Do They Work? - AOL

   www.aol.com/social-security-credits-3-easy...

   Social Security isn't paid out to everyone who retires. To earn a Social Security benefit, you must qualify by garnering a sufficient amount of Social Security credits. Only then will you receive ...

5. Social Security Credits: What Are They And How Do I ... - AOL

   www.aol.com/finance/social-security-credits-earn...

   The Social Security Administration uses your total yearly earnings to figure out your Social Security credits. The amount needed for one credit in 2022 is $1,510. The maximum amount of credits you ...

6. Self-employment - Wikipedia

   en.wikipedia.org/wiki/Self-employment

   The Social Security portion of the self-employment tax only applies to the first $132,900 of income for the 2019 tax year. [6] There is no limit to the amount that is taxable under the 2.9% Medicare portion of the self-employment tax.

7. Here Are Two Major Social Security Changes Retirees Need to ...

   www.aol.com/two-major-social-security-changes...

   The most notable change to Social Security benefits in 2025 should be good news. ... If you're self-employed, you're responsible for paying the full 12.4%. ... only up to a certain amount, called ...

8. Foreign earned income exclusion - Wikipedia

   en.wikipedia.org/wiki/Foreign_earned_income...

   The maximum exclusion is $126,500 for tax year 2024 (future years indexed for inflation). [3] The amount of exclusion that a taxpayer is entitled to is equal to the lesser of foreign earned income for the year or the maximum exclusion, divided by the total number of days (365 or 366) in the year times the number of "qualifying days".

9. Social Security Is Getting a Shakeup in 2025. Here's What to ...

   www.aol.com/social-security-getting-shakeup-2025...

   To qualify for Social Security as a retiree, you need to earn 40 work credits in your lifetime, at a maximum of four credits per year. In 2025, a single work credit is worth $1,810, up from $1,730 ...