The 10 Biggest Things Your Income Taxes Pay For
Now that tax season is over, it's natural to wonder exactly where the hard-earned dollars you paid in income tax over the past year actually went.
Supplemental Security Income
In Silicon Valley, the 'Recovery' Has Left Many in the Dust
The Silicon Valley is adding jobs faster than it has in more than a decade. Stocks and fortunes are soaring. But bleaker records are also being set: Food stamp participation just hit a 10-year high and homelessness rose 20 percent in two years. Simply put, while the ultra-rich are getting even richer, record numbers of Silicon Valley residents are slipping into poverty.
7 New Social Security Rules for 2013
The Social Security Administration has implemented a variety of new rules and features for 2013. Here's a look at some of the recent Social Security changes that go into effect this year, and how they'll affect your payments.
Social Security Benefits to Rise by 1.7% on Low Inflation
More than 56 million Social Security recipients will see their monthly payments go up by 1.7% next year, one of the smallest increases since automatic adjustments were adopted in 1975. The cost-of-living adjustment is linked to inflation, which has been relatively low over the past year.
A Million Bucks Ain't What It Used to Be (But It Still May Be Enough)
If you ask Americans worth between $1 million and $5 million how rich they are, their answer will be "not very." That may make some of us chuckle, but the sad truth is that a million dollars today doesn't go as far as it did when we were young -- and it sure won't go as far when we're old.
Who Really Gets the Lion's Share of Entitlements?
Conservative politicians have spent the past few months venting their ire on America's entitlement programs, and the alleged mass of lazy layabouts who make use of them. But a closer look at who actually lands in the social safety net reveals some surprising facts.
The 10 Worst States to Retire In: They're Frosty and Costly
TopRetirements.com has named the 10 worst states in which to retire based in factors such as taxes and climate. Every retirement is unique, but before you end up living out your golden years chilly and underfunded, check out this list.