Federal Employee News

Thursday, September 12, 2019

Sen. Warren wants to increase Social Security benefits my making wealthy pay fair share

Expanding Social Security

Snippet of Article: "...We need to get our priorities straight. We should be increasing Social Security benefits and asking the richest Americans to contribute their fair share to the program. For years, I’ve helped lead the fight in Congress to expand Social Security. And today I’m announcing a plan to provide the biggest and most progressive increase in Social Security benefits in nearly half a century. My plan: Increases Social Security benefits immediately by $200 a month — $2,400 a year — for every current and future Social Security beneficiary in America. Finances these changes and extends the solvency of Social Security by nearly two decades by asking the top 2% of families to contribute their fair share to the program..."

Source: medium.com

Monday, September 2, 2019

Retirement News: When Do I Stop Paying Social Security Tax?

When Do I Stop Paying Social Security Tax?

Snippet of Article: "...Whether you're salaried or self-employed, you must generally contribute throughout your entire working life. There are, however, a few exceptions..."

Source: www.investopedia.com