Even if you don’t need the income that the withdrawals deliver, the IRS still requires you to make them, and you’ll be taxed ...

With a payroll deduction plan, employers withhold money from an employee's paycheck, most commonly for employee benefits and taxes. It can be voluntary or involuntary.

Beware seniors, families with grandparents and young people who want to know that their FICA taxes will someday be a source of retirement income. Trump’s Treasury Secretary Scott Bessent slipped up ...

Freedom Debt Relief reports that severance pay is taxable as ordinary income, affecting your tax bracket and obligations.

Lawmakers in Georgia have met to discuss the possibility of axing personal income tax. Supporters say eliminating the state's income tax could attract businesses and residents, continuing recent tax ...

WILSON COUNTY, Tenn. (WKRN) — After passing a much tighter budget for this school year, the Wilson County School Board is talking about having employees pay for some of their health insurance. “We are ...

Hundreds of pages of records reviewed by WIRED show just how quickly DOGE gained access to systems at the Small Business Administration—and through it, a USDA system that handles payroll for federal ...

A new $250 "visa integrity fee" will soon be required for most foreign nationals applying to enter the United States, following the passage of President Donald Trump's One Big Beautiful Bill Act. The ...

Maryland is the first state to tap into a 15-year-old fund connected to the Affordable Care Act, to help solve a more recent problem: helping pay the expenses of patients who travel to Maryland for an ...

The maximum Social Security benefit someone can claim in 2025 is $5,108 per month. This benefit requires two very specific qualifications for both age and income. Even if you don’t qualify for the ...

You land your first job, start planning how to spend your new income, and then the first paycheck hits your account. The number is smaller than you expected. Where did the rest go? Here’s a breakdown ...