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1615 Fifth Avenue
Moline, Illinois 61265
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136 S Dubuque St,
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303 West Erie Street
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ALASKA
1407 W 31st Ave.
#302
Anchorage, AK 99503
CHICAGO
303 West Erie Street
Suite 311
Chicago, IL 60654
FRESNO
7473 N. Ingram Avenue
Suite 107
Fresno, CA 93711
NEW ORLEANS
2727 Prytania Street
Suite 18 – The Rink
New Orleans, LA 70130
QUAD CITIES
1615 Fifth Avenue
Moline, Illinois 61265
TWIN CITIES
800 N Washington Ave.
Suite 701
Minneapolis, MN 55401
IOWA CITY
136 S Dubuque St,
Iowa City, IA 52240
The Planning Center © 2023
Workers in Your Home and Social Security
By Megan Forristall
Social Security Public Affairs Specialist in Peru, IL
Do you plan to pay a cleaning person, cook, gardener, babysitter, or other household worker at least $2,300 in 2021? This amount includes any cash you pay for your household employee’s transportation, meals, and housing. If you will pay at least $2,300 to one person, you have some additional financial responsibilities.
When you pay at least $2,300 in wages to a household worker, you must do all of the following:
For every $2,300 in wages, most household employees earn credits toward Social Security benefits and Medicare coverage. Generally, people need 10 years of work to qualify for:
You can learn more about reporting household worker income by reading Household Workers at www.ssa.gov/pubs/EN-05-10021.pdf.
The Planning Center, is a fee-only financial planning and wealth management firm. Email us at clientservices@theplanningcenter.com.
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