Which types of income aren’t subject to the payroll tax? November 25, 2020 The President-Elect has made no secret of his goal to increase payroll taxes on high-earning Americans. The centerpiece of his platform to lightly extend… Continue Reading
Analyzing the President-Elect’s plans for Social Security November 11, 2020 As of today, the Associated Press (along with most major media outlets) has called the 2020 Presidential Election in Joe Biden’s favor. Recount challenges… Continue Reading
House lawmakers to propose emergency 3% Social Security COLA boost October 16, 2020 House Representatives Peter DeFazio (D-OR) and John Larson (D-CT) are expected to introduce new legislation today in response to the low COLA set by… Continue Reading
Social Security Administration officially announces 2021 COLA October 14, 2020 Last week, we examined a prediction by The Senior Citizen’s League (TSCL) on next year’s Cost-of-Living Adjustment (COLA). As we mentioned last week, TSCL’s… Continue Reading
