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| February 2010 |
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In This Issue:
Compassionate Allowances Vastly Expanded Don’t Forget to Report Last Year’s Extra Payment
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“Our new Open Government webpage gives Americans an opportunity to give us their ideas on how we can become a more open and transparent agency,” said Michael J. Astrue, Commissioner of Social Security. Anyone is welcome to submit ideas. To send us yours, click on the link at the top right of the webpage that says, “Share your ideas on our open government plan.” Learn more about our Open Government website by reading our recent press release on the subject at www.socialsecurity.gov/pressoffice/pr/opengov-pr.html. You can visit the new page at www.socialsecurity.gov/open. |
Compassionate Allowances Vastly Expanded
Compassionate Allowances quickly identify diseases and other medical conditions that clearly qualify for Social Security and Supplemental Security Income (SSI) disability benefits — allowing for faster decisions in the most obvious cases. “We will continue to hold hearings and look for other diseases and conditions that can be added to our list of Compassionate Allowances," said Commissioner Astrue. “There can be no higher priority than getting disability benefits quickly to those Americans with these severe and life-threatening conditions.” To learn more, and to see a complete list of the 38 new conditions, read the press release at www.socialsecurity.gov/pressoffice/pr/cal021110-pr.html. | |
Don’t Forget to Report Last Year’s Extra Payment
The Making Work Pay tax credit is a new credit established by the American Recovery and Reinvestment Act of 2009, and it’s worth up to $400 for individuals and $800 for married couples. Millions of hardworking Americans have received the benefit of this credit every pay period through reduced tax withholding. Anyone who claims the tax credit must reduce the claim by the amount of the $250 one-time payment. If he or she doesn’t report it on the federal return, it will slow the tax refund. For more information, visit www.socialsecurity.gov/payment/irs.htm. |
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The goal of America Saves Week is simple: to encourage people to take financial action through saving, debt reduction, and wealth building. Now is a critical time for all Americans to reduce consumer debt and save money. With families across the country struggling to cope with high unemployment, tighter credit and strained budgets, financial security is more important than ever. It doesn’t have to stop with America Saves Week; encouraging people to save should be a year-round goal. Learn more at www.americasavesweek.org |
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