Congratulations, your small business is expanding. While hiring and growing your team is a sign of financial success, managing payroll can feel daunting. Fortunately, there are many payroll ...

The order allowed employers to defer the employee portion of Social Security payroll taxes for certain individuals in the final four months of 2020. The intention behind the order was to provide ...

that didn’t contribute Social Security payroll taxes. The reduction can be significant – up to half the pension amount. The Government Pension Offset reduces survivor or spousal benefits ...

Retired Middlebury, Connecticut, school teacher Bill Callahan waited 40 years for Congress to pass a bill to eliminate the reduction in Social Security benefits he receives because he also has a ...

Visit www.mtcjobs.com or www.mtctrains.com/careers/ to see all of our openings. Be sure to select Earle C. Clements Job Corps under “Select Facilities.” ...

Once high earners hit that cap, they stop contributing Social Security payroll taxes for the year. The change would reapply payroll taxes starting at $400,000 in earnings. Individuals affected ...

At the end of 2023, the Social Security trust funds still had a nearly $2.8 trillion surplus, but those reserves are dwindling because annual outlays for benefits now exceed incoming revenue from ...