From the National Association of Postmasters of the United States: On Friday, the House and Senate will take up the Conference Report on HR 3630, legislation to continue the 2% reduction in the Social Security payroll tax through the end of the calendar year. Among the provisions in the bill is a section that provides […]
NEW TAX LAW SOCIAL SECURITY EMPLOYEE TAX RATE DECREASES FOR 2011 Thousands of postal employees will have their Social Security employee tax rate decrease 2 percent in 2011. The tax reduction is a result of the “Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010” signed into law Dec. 17, 2010. The Act […]
If Republicans take over Congress, House Republican leader John Boehner says he will move to raise the Social Security retirement age to 70. That might not seem a big deal to someone who has spent his life in cushy offices with fancy perks, luxury cars, good health care and not much heavy lifting. But for […]