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SOCIAL SECURITY TAX IMPACT
70-year-old woman's Social Security check suddenly falls to $2,700; told to repay $35,000 within 30 days or face 50% benefit cutA woman in her 70s was shocked when her Social Security payment dropped to about $2,700 a month and the SSA told her to repay $35,000 in al...- Woman retired at 64 with $380,000 in her 401(k). Nine years later, her first RMD faced a 22% tax rateDuring the gap years, retirees often overlook essential tax planning opportunities. This crucial time allows them to manage their taxable i...
- Data at law firms Quinn Emanuel, McDermott exposed in cyber breachesIt was not clear who was responsible for the two breaches or whether they were related. Large law firms' extensive holdings of confidential...
- Parliamentary panel flags compliance glitches on new income tax act, seeks more data from CBDTA parliamentary committee has identified compliance issues with the new Income Tax Act. They are seeking detailed data from the CBDT on its...
- Trump’s second-term policies put US finances under growing strain as debt tops $40 trillionDuring President Trump's presidency, the national debt of the U.S. has ballooned to over forty trillion dollars. Federal expenditures are o...
- Trump pledged fiscal restraint. Instead, debt tops $40 trillion as borrowing costs riseUS debt: While voters may not focus on the issue until the country's fiscal problems translate into benefit cuts or tax hikes, the fallout ...
- South Korea proposes record $597 billion 2027 budget to supercharge AI investmentIn its annual budget proposal, the budget ministry said the spending plan represented a 12.8% rise from 2026, marking the largest year-on...
- Psychology explains why people litter even when they know it is wrong: A 2022 study finds good attitudes may not be enough, while personal control, connection to nature and social pressure shape the decision to stopPsychology of littering: Littering behavior is often influenced by a combination of perceived control and social signals rather than merely...
- Venezuelans view US oil deal with doubt, hopeVenezuela and the United States have finalized a significant oil deal. This agreement aims to revitalize the nation's struggling petroleum ...
- New labour code impact: Rs 8k less take home pay likely for employee with Rs 15 lakh CTC; check the impact on CTCs of Rs 10 lakh, Rs 25 lakh and Rs 50 lakhNew labour codes mandate higher provident fund contributions for employees. This change reduces monthly take-home pay for many salaried ind...
- Social Security to increase? Who is eligible to get $200 extra payment in Social Security benefits next month and when will it be paid?Social Security benefits: A proposed $200 Social Security increase is gaining attention as millions of Americans look for ways to cope with...
- Why do people constantly change their WhatsApp status? Psychology reveals what it could say about their personalityWhatsApp status updates reveal the multifaceted reasons behind user engagement and their unique communication methods. Regularly updated st...
- Uber, Eternal, Porter quit Karnataka gig and platform workers welfare boardThe state government has approached other platforms to fill the vacancies. Delhivery, Namma Yatri and Yulu have responded positively and ag...
- A man's comparison between open air vs gated societies: Security, amenities or human connection?A man’s comparison of gated societies and open neighbourhoods has sparked discussion about whether security, parking and private amenities ...
- Social Security September 2026 payments: Millions of Americans to receive direct deposit in their bank accounts soon. Check date, amount, eligibility and moreMillions of Americans will receive Social Security or Supplemental Security Income payments in September. The first payments are scheduled ...
- A 2026 Pew survey asked 1,500 US teens about which social media apps negatively affect sleep; 40% found one app hurts the amount of sleep they get, but the same app is also more likely to help their mental healthA recent survey highlights TikTok's notable influence on adolescent sleep habits, with numerous teens indicating that the app detrimentally...
- Disquiet grows over AI's dangers: Gates sets tone for pivotal one-on-one with Xi as a race against time beginsAI risks: A key proposal Bill Gates plans to raise is international monitoring of AI systems capable of designing molecules or assisting bi...
- Social Security COLA 2027 Update: October announcement date confirmed - Check the projected increase, how it’s calculated and when the new benefits will take effectSocial Security COLA 2027 Update: Beneficiaries of Social Security are on the edge of their seats as they await the October announcement fo...
- In 1980, Social Security gave recipients a 14.3% raise. It came during an extraordinary period of Great US inflationIn 1980, Social Security recipients experienced an unprecedented 14.3% cost-of-living adjustment, a drastic response to soaring inflation t...
- Social Security COLA 2027: Mark this key date now as millions wait to see how big the COLA increase could be, how much their checks may rise and when higher payments beginThe Social Security COLA 2027 announcement is getting closer. The expected date is October 14, 2026. The current 2027 COLA estimate is 3.6%...
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