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The average retiree received a monthly Social Security check of $1,907 as of January 2024. Spousal benefits for those who weren’t drawing checks based on their own income averaged a monthly ...
Medicare’s go-broke date for its hospital insurance trust fund was pushed back five years to 2036 in the latest report, thanks in part to higher payroll tax income and lower-than-projected ...
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The 457 (b) retirement plan offers many advantages to government workers, including tax-deferred growth of their savings, but these plans do come with some drawbacks. Here’s how the 457 (b) plan ...
The Massachusetts State Police ( MSP) is an agency of the Commonwealth of Massachusetts ' Executive Office of Public Safety and Security, responsible for law enforcement and vehicle regulation across the state. As of 2022, it has 2,067 sworn troopers and 611 civilian support staff for a total of 2,678 personnel, making it the largest law enforcement agency in New England. The MSP is headed by ...
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Congressional pension is a pension made available to members of the United States Congress. As of 2019, members who participated in the congressional pension system are vested after five years of service. A pension is available to members 62 years of age with 5 years of service; 50 years or older with 20 years of service; or 25 years of service ...
Here’s how Social Security benefits are currently calculated. Payroll tax increases: Increasing payroll taxes that fund Social Security and Medicare is another option.