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Yo_Mama_Been_Loggin

(108,170 posts)
Fri Sep 11, 2020, 02:17 PM Sep 2020

House employees won't have payroll taxes deferred

Source: The Hill

The House is not implementing President Trump's payroll-tax deferral for its employees, joining many private-sector employers in declining to participate.

"The Office of the Chief Administrative Officer, with the concurrence of the Committee on House Administration, has determined that implementing the deferral would not be in the best interests of the House or our employees," House Chief Administrative Officer Philip Kiko said Friday in an email to House employees. "As a result, we will not implement the payroll tax deferral."

Trump signed a memo in August that directed the Treasury Department to allow employers to defer employee-side Social Security taxes, in an effort to provide relief to workers amid the coronavirus pandemic. Treasury and the IRS subsequently issued guidance under which employers can choose to defer Social Security taxes through the end of the year for workers making less than $4,000 biweekly. Employers would then need to collect the deferred taxes by increasing the amount withheld from workers' paychecks in the first several months of next year.

Military members and civilian executive branch employees will have their payroll taxes deferred, with Trump's Office of Management and Budget saying this is being done to provide quick relief to employees. But business groups have said they expect few of their members to participate because there are administrative challenges in implementing the deferral and because they don't want to be in a position where their workers will see less in take-home pay next year.

Read more: https://www.msn.com/en-us/news/politics/house-employees-won-t-have-payroll-taxes-deferred/ar-BB18WE3I?li=BBnbfcQ&ocid=DELLDHP



Good for them.
12 replies = new reply since forum marked as read
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House employees won't have payroll taxes deferred (Original Post) Yo_Mama_Been_Loggin Sep 2020 OP
K&R! SheltieLover Sep 2020 #1
They can ask there employer to not defer their SS and the employer has to honor turbinetree Sep 2020 #2
I did not know this. Delphinus Sep 2020 #4
I know this is from AARP turbinetree Sep 2020 #5
Thank you Delphinus Sep 2020 #6
No matter what your hours are everything is based on you and your employer putting the same amount turbinetree Sep 2020 #8
lets see what the republican senate does bottomofthehill Sep 2020 #3
I'm A State RobinA Sep 2020 #7
I'm in a school district in a state whose governor has his nose glued to IQ45's butt QED Sep 2020 #9
This infuriates me AC_Mem Sep 2020 #10
Just save the amount and use it to plug the income hope when your SS deduction gets tblue37 Sep 2020 #12
The university I work for isn't doing this either. a la izquierda Sep 2020 #11

turbinetree

(24,713 posts)
2. They can ask there employer to not defer their SS and the employer has to honor
Fri Sep 11, 2020, 02:27 PM
Sep 2020

that request, government, private sector , even the self employed...............the traitor in the white house more than likely has not put one dime into the system...............

Delphinus

(11,840 posts)
4. I did not know this.
Fri Sep 11, 2020, 03:18 PM
Sep 2020

We are not deferring at my place of employment and I suggested my husband ensure he not have his deferred either.

turbinetree

(24,713 posts)
5. I know this is from AARP
Fri Sep 11, 2020, 03:37 PM
Sep 2020

but the key too SS is what you make and put into your benefit and when you do start the claim, the SS people will look at what you have in your benefit and they then determine what you get, so the more you pay into your benefit the more you get per month when you retire, so the idea is to not suspend the tax, when I was working I saw exactly how much I paid into the benefit over the years, they SS showed me, and instead of me waiting until I reached the age of 67, I took mine at 66 and was penalized $10 per month..............trump is jerk, he wants to hurt everyone and anyone that is on the benefit plan along with every republicans in office, its that simple...............

https://www.aarp.org/retirement/social-security/questions-answers/suspend-social-security-then-restart/

If you have not yet reached full retirement age, the only option for stopping Social Security payments is to apply for a “withdrawal of benefits,” a more formal process that, unlike a suspension, requires you to repay Social Security the benefits you have received to date.

Delphinus

(11,840 posts)
6. Thank you
Fri Sep 11, 2020, 06:37 PM
Sep 2020

I am not yet retired (62) - but if my hours get cut, I may have to look at this (hoping not, but ...)

turbinetree

(24,713 posts)
8. No matter what your hours are everything is based on you and your employer putting the same amount
Fri Sep 11, 2020, 07:32 PM
Sep 2020

into the fund with the total tax being between you and them is around 15% total out of your pay check I was out of work for six years based on a serious injury so it hurt my SS benefit, I should have demanded it during the settlement that that fund should have been made up, but I never did and I really never asked .........so hang in there..................we can do this, we have to...............

RobinA

(9,894 posts)
7. I'm A State
Fri Sep 11, 2020, 07:19 PM
Sep 2020

employee and they just told us this week that they weren’t stopping the deductions. For which I was eternally grateful. Of course, I work for one of those « Democrat » governors we hear tell of.

QED

(2,749 posts)
9. I'm in a school district in a state whose governor has his nose glued to IQ45's butt
Fri Sep 11, 2020, 07:53 PM
Sep 2020

and my deductions weren't stopped either.

AC_Mem

(1,979 posts)
10. This infuriates me
Sat Sep 12, 2020, 12:47 PM
Sep 2020

I have contacted my HR department, my Accounting/payroll department, my CPA and my Congressional office and they all say that I have NO CHOICE; I cannot opt out. I look at this as a political stunt - why would you "loan" me my own money, which I have put into social security since I was 16 years old, only to make me pay it back - taking double out of my paycheck in January? I didn't ask for it - I am one of the fortunate ones in this terrible tragedy - I have a job and a paycheck. Where is the help for the homeless? The Unemployed?

When I called my congresswoman's office I was told that they needed people who were upset about this to call their congressional office so that they could take the complaints to Washington.

I'm really upset that I have no choice in this matter. I don't know what to do besides literally take the money and send it to Social Security monthly.

Their studies show that the impact on the Social Security department being denied this tax payer funding for three months means that the entire department will be out of money by 2023. That is less than THREE YEARS AWAY.

This has my blood pressure so high. Why am I being told I have no choice if congressional staff DOES have a choice?

Annette

tblue37

(65,483 posts)
12. Just save the amount and use it to plug the income hope when your SS deduction gets
Sun Sep 13, 2020, 07:17 PM
Sep 2020

doubled next year.

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