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Monthly Social Security and Supplemental Security Income (SSI) benefits for more than 66 million Americans will increase just 2.0% in 2018, the federal government recently announced. The 2.0% cost-of-living adjustment (COLA) will begin with benefits that more than 61 million...

For years, people have questioned the viability of the Social Security system going forward. In July, the Social Security Board of Trustees released its annual report on the long-term financial status of the Social Security Trust Funds. The report projects that the combined asset...

What Happens if I Receive Social Security Retirement Benefits While Still Working? If you’re under full retirement age (FRA) and earn more than the annual limit (subject to inflation indexing), your benefits will be reduced, as follows: If you’re under FRA for the...

Monthly Social Security and Supplemental Security Income (SSI) benefits for more than 65 million Americans will increase just 0.3% in 2017, the federal government announced. The 0.3% cost-of-living adjustment (COLA) will begin with benefits that more than 60 million Social...

For years, people have questioned the long-term viability of the Social Security system. In June, the Social Security Board of Trustees released its annual report on the long-term financial status of the Social Security Trust Funds. It projects that the combined asset reserves of...

The following table provides some important federal tax figures for 2016, as compared with 2015. Many of the dollar amounts are unchanged or have changed only slightly due to low inflation. Other amounts are changing due to legislation. Social Security/ Medicare 2016 2015 Social...

The Social Security Administration (SSA) recently announced some important news. Rumors about a benefits freeze had surfaced in the summer. Finally, on October 15, the SSA formally announced that the consumer price index it uses to gauge inflation wasn’t high enough to...

E-Verify’s purpose is simple: that is, to give you an easy way to find out whether the information job applicants and employees record on their I-9 forms is consistent with Social Security Administration records. It emerged early in the last decade after a series of...

January 15 Individual taxpayers’ final 2014 estimated tax payment is due unless Form 1040 is filed by February 2, 2015, and any tax due is paid with the return. February 2 Most employers must file Form 941 (“Employer’s Quarterly Federal Tax Return”) to report Medicare, Social...