Social Security
Written by: Nicole Gobel, CPA There have been several big announcements this past week that will benefit taxpayers and are meant to be a means of combatting the high inflation we continue to see in many areas of the economy. Social Security recipients will be receiving a substantially larger benefit in 2023 on top of…
Written by: Harmony Wagner, CFP® With inflation at 40-year highs, American households are feeling the pinch. For April and May, the year-over-year inflation figures were 8.3% and 8.6% respectively, and with issues on both the supply and demand side of inflation, many people fear that inflation may persist through the summer months and perhaps even…
Written by: Vincenzo Testa, CPA As seen in the Saratogian The Social Security Act was signed into law by President Roosevelt on August 14, 1935. It was created as a safety net for elderly, unemployed and Americans who are at a disadvantage. When an American worker receives a paycheck on their earned income, they pay…