Today’s column addresses questions about when delayed retirement credits are applied to retirement benefits, whether suvivor’s benefits from a foreign country will affect Social Security benefits and becoming eligible for Social Security benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which markets
Taxes
This episode of What’s Ahead points out how the tax proposals President Biden outlined in his national address will hurt, not help, the economy. If enacted, they will turn into political poison for the Democrats. A doubling of the capital gains levy will shrink Uncle Sam’s revenue, as people will be more inclined to hold
Heirs and hedge fund managers might take a hit, but tens of millions of families and lower-paid young singles will come out ahead with fatter tax credits. President Biden will lay out his $1.8 trillion American Families Plan on Wednesday in his first address to a joint session of Congress on the eve of his
President Biden announced the American Families Plan today, which is designed to “grow the middle class and expand benefits of economic growth to all Americans.” The American Families Plan includes a lot to like, no matter what side of the aisle you are on. By any measure, the amount of benefits being proposed is staggering,
A provision tucked into the Covid Relief bill passed by Congress in December 2020 now has vaping businesses and states regulatory departments scrambling to meet new federal requirements. And in many cases, it will increase the cost of doing business. “For the vape industry, this was the worst Christmas present ever,” said Avalara excise tax