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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 ...
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 ...
The Internal Revenue Service announced record-high maximum annual contributions to 401 (k) and similar retirement accounts for 2023. Workers who have a 401 (k), 403 (b), most 457 plans, and the ...
Signed into law by President Joe Biden on August 9, 2022. The CHIPS and Science Act is a U.S. federal statute enacted by the 117th United States Congress and signed into law by President Joe Biden on August 9, 2022. The act authorizes roughly $280 billion in new funding to boost domestic research and manufacturing of semiconductors in the ...
The 2022 United States railroad labor dispute was a labor dispute between freight railroads and workers in the United States. Rail companies and unions had tentatively agreed to a deal in September 2022, but it was rejected by a majority of the unions' rank-and-file members. [2] [3] Congress and President Joe Biden intervened to pass the ...
The presidential transition of Joe Biden began on November 7, 2020, and ended on January 20, 2021. Unlike previous presidential transitions, which normally take place during the roughly 10-week period between the election in the first week of November and the inauguration on January 20, Biden's presidential transition was shortened somewhat because the General Services Administration under the ...
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...
If the federal government can’t fix the shortage, it could result in benefit cuts of up to 23% for retirees beginning in 2033. Check Out: ... Biden plans to tax earned income above $400,000 ...