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The Social Security and Medicare Fair Share Act proposes targeting payroll tax loopholes for high-income earners.
Here are the 41 states (along with Washington, D.C.) that don't tax Social Security benefits. See if your state is among them ...
A new bill would tax income over $400K to help fix Social Security’s funding gap and avoid 17% benefit cuts by 2035.
New government inflation data shows the pace of inflation has subsided from pandemic-era highs. Social Security beneficiaries ...
Social Security is the cornerstone of many retirees' budgets. Indeed, 60% of retirees said their monthly checks are a major ...
As more baby boomers reach retirement age, the number of recipients relying on the program is set to increase.
You might assume that every dollar you earn is subject to Social Security taxes. But actually, it’s pretty common for very high earners to pay Social Security taxes on just a portion of their ...
The Social Security Fairness Act is intended to provide more benefits for certain workers, but it could cost them through ...
The Social Security wage cap also increased. Now, higher earners are paying taxes on an additional $7,500 of income. And while they may not be happy about that, it’s a good thing the wage cap ...
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