Today, President Obama announced that he will be proposing a draft rule from the Department of Labor that would require those offering retirement investment advice to serve as fiduciaries. 685 more words
Tags » Social Security
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Social Security has become a core component of retirement security in the United States: Nearly two-thirds of seniors rely on the program’s benefits for most of their income.
Recently, more people have called for an end to the cap on wages that are subject to the social security tax. (For 2015, only the first $118,500 of wages are taxable, no social security tax is paid on wages above that amount.) I think that would be the wrong way to go. 115 more words
KAREN LINCOLN: A rising tide lifts all boats. This idiom, typically referring to the economy, suggests that a good outcome will benefit all. There has been much debate about whether economic growth benefits the rich, middle class and poor, equally. 112 more words