Many people have assets tied up in “lazy money” traps – stagnant deposits and investments that provide low returns and are tax inefficient.
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Entries from February 2009
Put Lazy Money into Motion
March 30th, 2010 · No Comments
Tags: Articles
First-time in history… Social Security Will Payout More than it Receives in 2010!
March 30th, 2010 · No Comments
The Social Security Administration just released a report that the system this year will pay out more in benefits than it receives in payroll taxes, an important threshold it was not expected to cross until at least 2016, according to the Congressional Budget Office.
Stephen C. Goss, chief actuary of the Social Security Administration, said [...]
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Medicare hospital insurance (HI) tax
March 30th, 2010 · No Comments
The Senate and the House of Representatives passed H.R. 4872 (the Health Care and Education Reconciliation Act, or the “Reconciliation Act”). The Reconciliation Act amends H.R. 3590 (the Patient Protection and Affordable Care Act, or “PPACA”), which is the Senate health care reform bill that President Obama signed into law earlier this week.
The Reconciliation Act [...]
Tags: Tax
