Category: Government Rebates and Payments

2018 vs 2017 Cost of Living Adjustment (COLA), Social Security and Medicare Tax Rates

[2018 COLA Increase] The Social Security Administration (SSA) has announced a relatively large 2% Cost of Living Adjustment (COLA) for 2018. Benefits like Social Security or Supplemental Security income, that are… Read more »

2020 vs 2019 Military Pay Charts Reflecting Latest Raise – Updated Monthly Basic Pay Tables

2020 Tables – Reflecting a 3.1% increase for Military staff and troops under the 2020 National Defense Authorization Act (NDAA). This is the largest increase since 2010. The updated basic pay… Read more »

2020 Pay Raise Approved for Federal Employees on GS Pay Scale

[Updated 2020 GS pay chart] For 2020 government employees on the GS pay scale will see a 3.1% rise over 2019 levels. This is made up a 2.6% general schedule increase… Read more »

2017 vs. 2018 Savers Tax Credit and Income Limits to Help Workers Save for Retirement

[Updated with 2018 details per the IRS] The savers credit helps middle to lower income earners save for retirement by providing an offset to retirement plan (401k and IRA) contributions…. Read more »