Tag: 2014

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 »

2018 Military Pay Charts Reflecting Latest Raise – Updated Monthly Basic Pay Tables

[2018 update] In his first year of office President Trump approved a 2.4% pay raise for Military staff and troops under the Fiscal 2018 National Defense Authorization Act (NDAA). This is the largest… Read more »

2018 Pay Raise Approved for Federal Employees on GS Pay Scale

[Updated 2018 GS pay chart] In his first year of office President Trump has approved an across the board 1.4% 2018 pay rise for the over 1.5 million government employees on… 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 »

2014 IRS Tax Brackets and Rates With Standard Deduction and Personal Exemption Updates

Below are the 2014 IRS federal tax brackets based on annual inflation adjustments. Given the low inflation environment there were only moderate increases in tax brackets, standard deductions and to the personal… Read more »

Short-Term Budget Deal Reached That Includes Back Pay Plus 1% 2014 Pay Raise for Government Workers and Pay Freeze For Congress

A short term budget deal has been reached and the government shutdown is over. The debt ceiling has also been raised which will allow the nation to pay its bills… Read more »