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President Joe Biden signed the wide-ranging Inflation Reduction Act (IRA) into law on Tuesday afternoon, bringing welcome news for many retirees. Biden's act ushers in major cost-saving changes to ...
The standard monthly Part B rate is rising from $164.90 to $174.70, snipping about $10 a month off the COLA gain. The annual deductible for all Medicare Part B beneficiaries will be $240 in 2024 ...
President Joe Biden delivered the State of the Union address on March 7, in a wide-ranging speech in which he addressed what he plans to change -- or not change -- about drug costs and Medicare, as...
Biden has proposed a 4-point plan that would mostly impact high earners who can depend on their retirement savings to get by. The plan includes the following: Tax earned income above $400,000 ...
Below is a list of nominations and appointments to the Department of Labor by Joe Biden, the 46th president of the United States.As of March 21, 2024, according to tracking by The Washington Post and Partnership for Public Service, 13 nominees have been confirmed, 1 nominee is being considered by the Senate, 1 position does not have a nominee, and 3 appointments have been made to positions ...
One of the key Biden proposals regarding Social Security is to apply Social Security taxes to those making $400,000 or more. Under this scenario, workers would pay Social Security taxes up to the ...
2007: Biden concedes that he is open to cutting benefits or boosting the retirement age in an interview with Tim Russert on “Meet the Press” and doubles down on his early-career efforts to do ...
Biden intends to increase the minimum benefit to 125% of the federal poverty level for an individual. As an example, in 2023, someone receiving the special minimum benefit would receive $1,518.75 ...