Under the Employee Retirement Income Security Act ("ERISA") a qualified domestic relations order (QDRO) is a domestic relations order, i.e., a judgment, order, or decree for alimony, support, or marital property rights, which must transfer...
benefits law
qualified domestic trust
A qualified domestic trust (QDOT) is a trust created for a surviving spouse who is a non-U.S. citizen to qualify for the marital deduction. It allows a non-U.S. citizen married to a U.S. citizen to be eligible for an unlimited marital...
Section 8
Section 8 refers to the Housing Choice Voucher Program, a federally funded program that seeks to help low-income families rent housing in the private market. The Housing Choice Voucher Program is administered at the federal level by the...
self-employment tax
Self-employment tax is the Federal Insurance Contributions Act (FICA) tax that a person who is self-employed must pay on profits. The taxes consist of the Social Security taxes and Medicare taxes which are separate and operate differently. As...
single payer
A single-payer system is a type of healthcare financing system in which a single public agency handles health insurance and payments for healthcare services for a specific population. Under this system, the government collects taxes and uses...
Social Security
Social Security is designed, as the title suggests, to provide security. In order to protect individuals from unforeseen catastrophes, the government spreads certain risks among all members of society so that no single family bears the full...
Social Security Administration
The Social Security Administration (SSA) is a Federal agency established in 1935 as part of President Franklin Delano Roosevelt's New Deal that manages the old age, survivors, and disability insurance programs (OASDI) also known as “social...
Social Security Disability Insurance (SSDI)
Social Security Disability Insurance (SSDI) is a federal program in the United States that pays benefits to injured and disabled workers and certain members of their families if the worker is “insured,” meaning they have worked for a required...
Social Security Number (SSN)
A Social Security Number (SSN) is a unique nine-digit number assigned to U.S. citizens, permanent residents, or temporary working residents. The SSN was created in 1936 to keep track of the earnings history of U.S. workers for social security...
Social Security statement
A social security statement is the letter created for each taxpayer by the Social Security Administration which details the amount the individual has paid towards social security and their estimated payments at retirement. A social security...