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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. 5 2025 Social Security Rules That Take Effect Today - AOL

   www.aol.com/5-2025-social-security-rules...

   Technically, the Social Security Administration first applied the 2.5% cost-of-living adjustment (COLA) to the December 2024 benefit. 5 2025 Social Security Rules That Take Effect Today Skip to ...

5. 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 ...

6. New Year, New Rules: 5 Major Social Security Changes for 2025

   www.aol.com/rules-5-major-social-security...

   This could result in an additional $930 in taxes for self-employed individuals who pay both the employee and employer portions of the 12.4% Social Security tax. Traditionally employed workers who ...

7. 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 ...

8. Misclassification of employees as independent contractors

   en.wikipedia.org/wiki/Misclassification_of...

   These taxes are generally not paid by the employer on the compensation of a worker classified as an independent contractor. Instead, the contractor is responsible for their employer's share of the taxes when paying self-employment taxes at the end of the year. [2] Classification affects whether a worker can receive unemployment benefits.

9. How Many Social Security Credits Do I Need to Retire? - AOL

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

   Self-Employment: If you’re self-employed and you don’t earn your income through an employer, then you are responsible for paying social security taxes through your income taxes. You earn ...