Category: Government Rebates and Payments

COLA Increase Provides a Raise for Social Security Income and Benefits to Federal and Military Retirees

[2014 COLA Increase Update]  The Congressional Budget Office has forecast a 1.5% COLA raise based on preliminary data. This is 0.2% less than the 2013 increase discussed below. For more… Read more »

2017 and 2018 vs. 2019 Tax Penalty Amounts and Exemptions For Not Having Health Insurance Under ObamaCare – GOP/Trump Updates

[Updated] Will i still have to pay health insurance penalties (under the Obamacare individual mandate) in 2017 or 2018? This is the question a lot of Americans are asking. The… Read more »

Fiscal Cliff: Payroll Credit and Income Tax Cut Extensions, Unemployment Insurance and Reserve Bank Actions

The American economy is experiencing a seeming reversal of fortune following significant internal and external headwinds. The stock market, which tends to be a leading indicator of the economy, is… Read more »

Obama’s 2013 Budget Review – Tax Cuts, Job Stimulus and Small Business Credits

The Treasury recently released their Greenbook on President Obama’s 2013 budget proposal. The Greenbook explains the Administration’s revenue proposals included in the budget that seek to boost near-term growth; provide… Read more »

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

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… Read more »

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

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… Read more »