Posted by: A Square Accounting March 14, 2022
Social security for elderly parents
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Good Afternoon,
Many Nepali immigrants who have came to USA before 2010 have now a fantastic life, career and family. As a law abiding immigrant/citizen/resident, you have worked hard to get here. Have you ever thought about the social security benefits to your parents or loved ones?
Minimum age for social security is 62, and minimum benefit per month range $700 per month. Planning social security for aging parents will help them be independent and retire, enjoy life happily.
Here is the kicker, Individuals/family can employ their parents as kitchen helper, nanny, gardener or similar household jobs and contribute to social security and enjoy benefits (have to meet age and contribution requirement). If the income threshold is not reached, they will be qualifying dependents of primary tax filer. So, plan your future today.
Of course, there are thousands of articles, Youtube Videos what not in internet. Here, at A Square Accounting, we are proud tax professionals. A enrolled agent/ accountant will help you through the planning process. We are proud to serve Nepali community, arrange the benefits that are there for you and your family. 100% free consultation and if you are not satisfied with the service, we will not charge you a penny. Again, we are here to serve you ! Lets plan our future.

P.S. Tax solution, Investment consultation, Business solution ( registration, payroll, bookkeeping, tax), IRS representation, Fiduciary ( Trust/Estate planning), other accounting solutions.

We serve all 50 states.

Thank you, kindly
A Square Accounting Services
Email: asquare.acctservices@gmail.com
Phone: 406 345 5166
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