The 2012 Social Security Trustees Annual Report projects a 2013 COLA of between 1.6 and 2.0 percent. The actual percentage will be determined once the
Now that the Trustees have again warned of the declining status of Social Security the rhetoric and finger pointing will begin and the AARP will
Are Social Security benefits taxable, were they always taxable? Yes and no. The real answer is that up to 85% of a persons Social Security benefit
Will extension of the two percent payroll tax cut help the economy? Most people say yes, but that it won’t affect their finances … Ummmmmm?
It’s nice to know I am not alone worrying about the difficulty removing the “temporary” cut in payroll taxes once ingrained in the economy. Take
This year’s 2% payroll tax cut was paid for by increased deficit spending. In other words we “temporarily” turned Social Security from a self-funded program