BOSTON (MainStreet) -- If you are nearing retirement and haven't paid much thought to "line 8a," you need to -- or risk losing thousands of dollars of income for years to come.
Line 8a on your tax return is for recording taxable interest. Even shrewd and safe investments can lead to having a portion of Social Security checks kicked back over to the government based on what is claimed.
If y
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Search results for social
Retirees Face Social Security Tax on 'Earnings'
Posted by lalala10000 182 days ago (http://www.thestreet.com)
GAO Questions Focus on Social Security
Posted by Ninjawiki 212 days ago (http://www.thestreet.com)
BOSTON (TheStreet) -- The majority of Americans may be concerning themselves more with Social Security benefits than other strategies that would help ensure lifetime income when the retire.
That's the finding in a report by the Government Accountability Office, an independent, nonpartisan agency that works for Congress. The GAO also found that many are choosing to leave money on the table by col
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Social Security Cuts Loom Large
Posted by Superfishy 233 days ago (http://www.thestreet.com)
NEW YORK (MainStreet) -- A large block of future retirees can expect to see their Social Security benefits dwindle by 19%, thanks to a 29-year-old piece of legislation that curtailed government retirement benefits. If the feds don't find other ways to shore up the pension system, it means bad news for millions of Americans under 50.
There's no doubt Social Security is in big trouble financially.
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Social Insecurity: Inside the 'Trust Fund' Illusion
Posted by MapleLeafs 380 days ago (http://www.thestreet.com)
By Charles Hugh Smith, DailyFinance
NEW YORK (DailyFinance) -- The recent tax deal approved by Congress and the president cut the payroll taxes that employees will contribute to Social Security for 2011 by about a third, and that $112 billion reduction in receipts has advocates of the program worried that the political meddling in Social Security's finances may threaten its viability.
Unfortun
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'Social Network,' 'King's Speech' filmmakers get Directors Guild noms
Posted by someone233 393 days ago (http://www.thestar.com)
The filmmakers behind Academy Awards favourites The Social Network and The King's Speech were nominated Monday for the Directors Guild of America's top prize.
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Money Talk Taboo Tamed By Social Media
Posted by copeminster 526 days ago (http://www.thestreet.com)
Americans can be pretty tight lipped when it comes to discussing personal finance, but social media is taming the conversation around the awkward dollar.
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Obama claims GOP trying to destroy Social Security
Posted by Calimehtar 542 days ago (http://www.chron.com)
WASHINGTON — President Barack Obama used the anniversary of Social Security to trumpet Democrats' support for the popular program and accuse Republicans of trying to destroy it.
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Fund Firms Playing Role in Social Security
Posted by Straightos 594 days ago (http://www.thestreet.com)
Mutual-fund firms are improving their Social Security resources for advisors.
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Chad Ochocinco is used to making news. Now, he's going to try to break some.
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They're not tweeting at 200 mph. (Besides, have you ever tried texting with racing gloves on?) But more drivers are using social networking sites to stay connected with fans.
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Medicare, Social Security going broke sooner in recession
Posted by rakketytam 988 days ago (http://www.chron.com)
Medicare and Social Security will go broke sooner rather than later because of the recession.
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