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Microsoft changed withholding on Stock Awards/Options for Global Employees

Microsoft changed withholding on Stock Awards/Options for Global Employees

In June 2010, Microsoft Corporation announced a change in income tax withholding in the USA on stock options/awards of employees who have transferred or will transfer in the future out of Canada, Israel, the Netherlands, the United Kingdom China.
In a separate post I will describe the effect of these changes on tax planning and tax filing of the employees. 
Bellow […]

What happens to my Social Security dollars once I leave the USA?

Social Security provides retirement benefits to employees; retirement and survivor benefits to spouses and, in some cases, benefits to dependents. This alert pertains to retirement benefits only.
The right to retirement benefits is earned by paying Social Security taxes on wages and self-employment income. Forty quarters of covered earnings are required to be eligible for retirement […]