payments

2013 Average Monthly Social Security Benefits Change With COLA Increase

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The Social Security Administration (SSA) confirmed that the 2013 COLA increase will be 1.7%. This means that nearly 62 million Americans will see their benefit payments increase in January 2013, with the average retiree receiving a $21 increase.  As detailed in the table below, retired couples will see a $34 increase with disabled workers receiving a $19 increase on […]

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2016 – 2017 Food Stamp (SNAP) Income Eligibility Levels, Deductions and Benefit Allotment Payments

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2017 Update – The USDA has published 2017 details for its Supplemental Nutrition Assistance Program (SNAP).  The income thresholds and monthly benefit details are valid till September 2017 and reflect minor increases over last years levels. You can see prior year levels in the updates below.   Prior update – The Center on Budget and Policy Priorities […]

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2012 Medicare Part B Monthly Premiums By Income Levels And Tax Filing Status

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2012 Medicare Part B monthly premium rates that cover hospitals plus physician and outpatient expenses, are shown in the following table (by individual and joint filers) and reflect the 2012 COLA increase. The standard Medicare Part B monthly premium ($99.90) for existing beneficiaries reflects a $3.50 increase over the 2011 “harmless” premium of $96.40. New […]

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Quarterly Estimated Tax Payments and Installment Due Dates – 2011 and 2012 schedules

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Estimated taxes normally have to paid if you do not withhold taxes via your employer or if the amount of income tax being withheld from your salary, pension, or other income is insufficient. Estimated taxes are generally paid by small business’, self-employed workers with variable sources of income/expenses or those that have been notified by […]

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How Much A Debt Deal Will Cost You With Higher Taxes, Fewer Deductions, Lower Benefits and Working Longer

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[Update as of July 23rd] It’s time to pay for the American dream. In various discussions around how to cut the national debt, so that we don’t have to keep raising the debt ceiling, one theme that is common in most plans is that Americans now and for generations to come are going to feel […]

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