A W-4 form, or “Employee’s Withholding Certificate,” is an IRS tax document that employees fill out and submit to their employers. Employers use the...
Investing in yourself is the best investment you’ll ever make. When you focus on becoming the best version of yourself, you’ll strive to continually...
“We are fifteen years into this new century. Fifteen years that dawned with terror touching our shores; that unfolded with a new generation fighting...
The issue: Unless Congress acts, the trust funds that support Social Security will run out of money in 2033, according to the trustees who oversee the retirement and disability program. At that point, Social Security would collect only enough tax revenue each year to pay about 75 percent of benefits. That benefit cut wouldn’t sit well with the millions of older Americans who rely on Social Security for most of their income. — Where they stand: President Barack Obama hasn’t laid out a detailed plan for addressing Social Security. He’s called for bipartisan talks on strengthening the program but he didn’t embrace the plan produced by a bipartisan deficit reduction panel he created in 2010. Republican challenger Mitt Romney proposes a gradual increase in the retirement age to account for growing life expectancy. For future generations, Romney would slow the growth of benefits “for those with higher incomes.” Want to Keep Up With NewsOne.com? LIKE Us On Facebook! — Why it matters: For millions of ...