social security

FERS Annuity Supplement: Maximizing Your Retirement Income

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FERS Annuity Supplement: Maximizing Your Retirement Income For federal employees, retirement planning is a crucial aspect of financial security. The Federal Employees Retirement System (FERS) offers a three-legged stool approach to retirement: Social Security, the FERS basic annuity, and the Thrift Savings Plan (TSP). However, many retirees find that their FERS annuity alone isn’t enough … Read more

Decoding the No Tax on Tips Act: A Comprehensive Guide for Employees and Employers

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Decoding the No Tax on Tips Act: A Comprehensive Guide for Employees and Employers The question of how tips are taxed can be a confusing one, especially given the complexities of employment law and tax regulations. Many employees, and even employers, are uncertain about the implications of tip income and the often-misunderstood concept of a … Read more

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