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SOCIAL SECURITY STATE TAXES
Trump immigration crackdown continues after Republican midterm defeat as arrests reported across USUS President Donald Trump's immigration crackdown has continued despite Republicans losing control of Congress in the midterm elections, wi...
Social Security tax by state in 2026: Which 8 states tax retirement benefits, where can retirees keep more of their benefits, and how much could you owe the IRS?Social Security benefits are not tax-free for every retiree in 2026. Just over half of beneficiaries are expected to pay federal income tax...
Your Social Security check faces a 22% cut risk: The funding shortfall that could cost retirees $2,700 a yearSocial Security’s 2032 warning: Millions of retirees could receive smaller monthly checks if the retirement trust fund runs out of reserves...
Indian parents getting US residency? 6 financial implications to consider before applyingInvestments in bank accounts, mutual funds, shares and other assets will have to be reviewed and modified. It is illegal under India’s FEMA...
Social Security benefits cut: One move can prevent beneficiaries losing out 22 per cent, here are detailsUS lawmakers will need to ensure that Social Security benefits and the annual cost-of-living adjustment (CoLA) should not be curtailed.
Social Security benefits at risk in 2032: Will 35 new Senators prevent a 22% cut?Social Security benefit cuts 2032: Social Security faces a potential 22% benefit cut in 2032 as its retirement trust fund is projected to r...
Voters demanded economic relief. Trump and Democrats face tough choices on how to deliverVoters have conveyed a clear message about the necessity of addressing inflation and economic issues. Both parties are preparing to respond...
Social Security payroll tax cap rises to $192,300 in 2027: How much more will high earners pay from their paychecks, who will be affected, and what does it mean for your take-home pay?Social Security taxes will take a bigger bite out of some high earners' paychecks in 2027. The taxable income limit is rising to $192,300 f...
Scrap, cut or tweak? Centre weighs options on LTCG, STT to stem foreign investor exodusThe Centre is weighing proposals to scrap or lower long-term capital gains tax and recalibrate securities transaction tax as it seeks to ad...
'Surcharge an enhancement of rate of sales tax': SC upholds states' power to levy additional sales taxThe Supreme Court reaffirmed a 1974 ruling regarding states' power to levy additional sales tax. This ruling clarified that such levies are...
Warren Buffett’s retirement income strategy: How a 90/10 rule could help a 65-year-old turn $600,000 into monthly incomeFor a 65-year-old with a traditional IRA of $600,000, adopting Warren Buffett’s 90/10 investment strategy is a practical choice. This appro...
US Midterm Elections 2026: Mixed results for Indian-Americans as Subramanyam, Miller, Dandiya win, Ramaswamy losesIndian-American Democrats Suhas Subramanyam and Aruna Miller have successfully won re-election in their respective states. Pia Dandiya secu...
SC says 1974 ruling on states' power to levy additional sales tax continues to holdThe Supreme Court held that a previous ruling from 1974 regarding additional sales tax remains applicable today. It determined that the leg...
Gig workers may get social security benefits through 2% transaction levy on businessesThe government is considering implementing a 2% transaction-based levy on aggregators to support social security for gig workers. This levy...
2026 US election results: JB Pritzker, Illinois governor touted as potential candidate for 2028 presidential race, defeats Republican Darren Bailey to win third termIllinois Governor JB Pritzker has won a third term, defeating Republican challenger Darren Bailey in the midterm election. This victory enh...
Social Security benefits warning: Will retirees lose $500 a month when the retirement trust fund runs out in 2032? What the latest forecast means for your monthly checksThe Social Security retirement fund is projected to exhaust its reserves by the end of 2032 without any legislative intervention. If change...
Who gets Social Security tomorrow, November 3? Is your payment COLA-adjusted, and how much will beneficiaries receive in November?Social Security payments begin November 3 for beneficiaries who started collecting before May 1997. Other recipients will receive benefits ...
Social Security November payments twist: Millions of Americans could see an unexpected change to their Wednesday checks this yearMark your calendar if you were born between the 1st and 10th. Your Social Security payment for November will arrive on Tuesday, November 10...
Social security projected benefit cuts 2032: Millions of Americans may miss out 22 per cent of total retirement income. Check SSA-CoLA calculationsSocial security projected benefit cuts 2032: At that time the fund's projected income will be sufficient to pay just 78 per cent of schedu...
Why is your Social Security taxed, and how much can you save? 5 ways to cut the bill and keep more retirement incomeMany American retirees pay federal taxes on their Social Security benefits, even after spending decades contributing to the system. For peo...