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If you've worked as a household employee and received your pay 'under the table,' you might wonder about your eligibility for Social Security benefits when you retire. The answer is not straightforward and depends significantly on your marital status, work history, and how your income was reported.
Topics: eldercare, nanny retirement, W-2, nanny, caregiver, Senior Caregiver Payroll, senior home caregiver, domestic worker, childcare
The new 2014 Employee Benefit Research Institute survey found that 57 percent of workers have less than $25,000 in total household savings and investments. Two-thirds (68 percent) of those with annual household income of less than $35,000 report less than $1,000 in household savings.
Topics: nanny retirement, nanny savings