As natural disasters leave many Americans facing economic hardship, the tax code’s casualty loss deduction is providing assistance primarily to the wealthiest taxpayers. A reformed casualty ...

The Congressional Budget Office (CBO) estimates the repeal will cost taxpayers $196 billion over the next decade, plus an ...

Higher retirement plan contribution levels, lower ‘safe’ withdrawal rates, changes to Social Security benefits, and more.

Kathryn McCall, a CFP and financial adviser with CAPTRUST, highlights how individuals previously affected due to shifting from private to public sector roles will now receive fair compensation without ...

Indonesia plans to issue a regulation to set a minimum age for users of social media, a move aimed at protecting children in digital space, its communications minister has said. The government is ...

Retired Canton City firefighter Carl Jordan has worked for nearly 10 years to repeal two federal provisions that reduce Social Security benefits for public workers. Jordan was invited to President ...

President Joe Biden signed the Social Security Fairness Act on January 5, eliminating the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) and so opening up higher benefit ...

The legislation rescinds the Windfall Elimination Provision and the Government Pension Offset, which were enacted over 40 years ago. The Windfall Elimination Provision trimmed benefits for public ...

which face a looming insolvency crisis.The bill rescinds two provisions — the Windfall Elimination Provision and the Government Pension Offset — that limit Social Security benefits for ...