By Alex Moore As you probably already know, Social Security is funded by a payroll tax. The rate is currently 12.4 percent, with employees and employers each paying 6.2 percent of wages up to the taxable maximum of $1 ...
Daily Archives: February 4, 2025
What’s a MOOP?
By Susan Stewart, Licensed Insurance Agent MOOP stands for Maximum Out of Pocket. As a licensed insurance agent, I’m required to quote it to my clients when I help them pick an insurance plan, but people often struggl ...
Biden Proposal to Expand Medicare Access to Weight Loss Drugs Hangs in the Balance
By Alex Moore In November, former President Biden proposed expanding anti-obesity drugs, like Wegovy, for people with Medicare and Medicaid coverage. These drugs are currently only covered for people who use them to t ...
Tax Season and Your Social Security Benefits
By Edward Cates, Chairman, TSCL It’s already February, which means that this year’s tax deadline of April 15 is just a few short weeks away. For many Social Security recipients, especially people who have just starte ...
Close