2017 Income Tax Withholding Allowance

Updated income-tax withholding tables for 2017 have been released by the IRS. In 2017 the amount for one withholding allowance on an annual basis is $4,050 (same as 2016). Employers will start using the revised withholding tables and correct the amount of Social Security tax …

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Will there be a SSI COLA increase?

See the latest COLA changes in this article – https://www.savingtoinvest.com/social-security-tax-and-cost-of-living-adjustment-cola [Updated with 2015 Forecast – 90% accurate] What will the 2015 SSI COLA increase be? That’s the question 60 million social security recipients (mainly federal and military retirees) will be asking later this year when …

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Average Monthly Social Security Benefits Change With COLA Increase

See this article for the latest COLA increase – https://www.savingtoinvest.com/social-security-tax-and-cost-of-living-adjustment-cola 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 …

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How Our Tax Dollars Are Spent by The Government

Ever wondered where all our federal tax dollars go? I did and a recent report from the center on budget priorities and policies (CBPP) provided a very nice graphic on how federal tax dollars are distributed. With all the political rhetoric that abounds around the …

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