Payroll July 29, 2025
The Social Security Administration is backing away from a plan that would have eliminated paper checks for benefit payments issued to beneficiaries.
Payroll March 24, 2025
As the Social Security Administration prepares to make major changes in how beneficiaries prove their identity, the AARP is asking the agency to reconsider the plan.
IRS March 20, 2025
"You are being reinstated to your previous position immediately," an email to fired IRS probationary workers said. "While you are being reinstated to federal service, you are also being placed on Administrative Leave. You should not report to duty or perform any work until receiving further guidance."
Technology March 3, 2025
Wolters Kluwer has rolled out new enhancements that allow businesses to electronically file Form 5330 with the IRS from ftwilliam.com, Wolters Kluwer's employee benefit and pension software.
Payroll February 27, 2025
The Social Security Administration has been instructed to reduce its staff by half as President Donald Trump’s administration continues to pursue widespread cuts across the federal government, according to multiple media reports.
Payroll February 18, 2025
Social Security Agency acting commissioner Michelle King has reportedly resigned in protest over the effort led by billionaire Elon Musk to gain access to recipients’ personal information.
Taxes February 17, 2025
Voters are clear in how they want Congress to shore up the massively popular program’s deteriorating finances, but lawmakers don't seem to be listening.
Payroll January 30, 2025
For those living on a fixed income such as Social Security, a key part of financial planning may include keeping tabs on next year’s cost of living adjustment, and right now they’re looking pretty low.
Payroll January 29, 2025
If those with public pensions like teachers, police officers and firefighters are counting on a Social Security payment following the enactment of the Social Security Fairness Act, that's going to be a while—reportedly a year.
Taxes January 21, 2025
The IRS recently released guidance on the income and employment tax treatment of contributions and benefits paid in certain situations under a state paid family and medical leave program, as well as the related reporting requirements.
Payroll January 18, 2025
Day trading in a Roth IRA is perfectly legal, but it may not be financially wise.
Taxes January 17, 2025
Washington is poised once again to return to united Republican control, and the GOP is preparing to extend the Tax Cuts and Jobs Act paired with deep cuts to federal programs that lower-income households rely on, such as Medicaid.
Benefits January 16, 2025
It's not certain that major changes to such a keystone program can be accomplished in a single congressional year, but some form of cuts appears to be a pretty safe bet at this point.