Social Security tax
Bill Introduced to Eliminate Federal Income Tax on Social Security Benefits
Last week, Rep. Angela Craig (D-MN) introduced a House Bill intended to accomplish two tax-related objectives having an impact on Social Security. Social Security Chief Actuary, Stephen C. Goss, subsequently assessed the financial effects of the proposed Bill, noting that…
New Social Security rules for 2024
The new year is approaching rapidly, which means new rules for Social Security. Some of the new rules you will find will be beneficial to recipients and workers, but the other rules are not so much. The beneficial rules for…
Taxes, Taxes…Which States Tax Social Security Benefits?
While some states in recent years have changed or eliminated their taxation of Social Security benefits, it’s always good to know where this extra layer of tax is still in effect. GoBankingRates contributor Vance Cariaga, in a post on their…