May, 2012
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What “Exhausted” Means for Social Security
We had a reader respond to our last post on the trustees report about Social Security. In that post, we mentioned that the trustees are projecting that the Social Security “pension” fund will be “exhausted” by 2033, three years ahead of previous projections. Social Security is form of a pension plan and it has three […]
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Social Security Wage Base Expected to be $113,700 in 2013
The Social Security Administration (SSA) has projected that the wage base for 2013 will increase to $113,700 ($110,100 in 2012) due to an increase in average wages. However, the projection may change slightly when the actual increase in announced in October. The projection is part of the annual report that the SSA’s trustees gives to Congress […]
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States Want Their Share of Taxes on Gambling Winnings!
I came across a new Wisconsin Tax Bulletin release the other day and thought I would share with you how states are being much more aggressive in demanding their share of tax from gambling winnings. If you are a resident of the state of Wisconsin and receive a form W-2G from gambling winnings, you are […]
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The Pace Of Planting
I am not an expert on planting progress, but I thought I would share by observations from my trip last week from Kansas City to Northern Wisconsin. In Northwestern Missouri and Northeastern Kansas, most of the corn appeared to be planted or fairly close to being done. Some farmers were going to wait a few […]