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Taxes From A To Z (2015): D Is For Disability Income
When you miss work due to an injury or disability, you may receive compensation in the way of disability income from an employer’s insurance, health plan, or pension plan. Under the Tax Code, all income is taxable unless otherwise excluded. When…
Companies Should Have to Offer Low-Cost Funds in 401(k)s
For the typical middle-class investor, the bulk of their retirement saving is done via their 401(k) or other employer-sponsored retirement plan. And one factor that places a significant drag on the rate at which people accumulate assets in such plans…
Baby boomers will keep debt high for the foreseeable future
As debt jumped over the past decade, economists warned that retiring baby boomers might soon overwhelm retirement programs, swamp the federal budget and keep the debt unusually high as far as the eye can see. That day has come and…
Social Security: 5 Surprising Facts About Noncitizens and Benefits
Social Security pays retirement and disability benefits to tens of millions of Americans. But the program doesn’t just provide for benefits to U.S. citizens. Indeed, even as controversy rages over the status of undocumented workers for various government programs, Social…
Your Money: Check to see if you and Social Security agree on your earnings
If you haven’t looked up the earnings record that Social Security has recorded for you, there is no better time than now. Why even bother? For one thing, you’ll want to check for errors. As stated by Carolyn W. Colvin,…
This Is One of the Best Retirement Income Solutions — but There’s No Rush
It’s certainly a quandary for many people: You save up as much money as you can for your retirement, but you aren’t going to get any pension income, and Social Security isn’t going to deliver nearly as much as you…
Retirement: How to invest in a low rate world
The Federal Reserve will likely keep short-term interest rates near zero — as it has done since late 2008 — at least until midyear. But it’s still uncertain whether and when, and by how much, the Fed will raise rates.…
3 Critical Social Security Mistakes You Need to Avoid
Social Security rules can be confusing, and the many ins and outs of the program create opportunities for you to make mistakes. But don’t worry — we’re here to help. Read on to learn what our Motley Fool experts say…
Answers to your Social Security questions
Social Security is like a big pension plan that covers all U.S. citizens who have worked during their lifetimes, as well as their spouses (including widowed and former spouses). The amount of your benefit—which is calculated as a yearly amount but…
Immigration Reform 2015 – News Updates: IRS Defends President’s Order on Tax Returns for Undocumented Immigrants
Undocumented immigrants living in the United States may be eligible for a tax return under President Obama’s executive order granting Social Security numbers to some five million individuals. The plan, which the President proposed last November, allows for work permits and…