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    • Financial Planner

    How the 2025 Social Security payroll tax limit may affect you
    Suffolk

    How the 2025 Social Security payroll tax limit may affect you

    Hispanic | E+ | Getty Images This is how Social Security tax is calculated The social security payroll tax rate is 12.4%, and employees pay 6.2% through payroll deductions. Employers pay the remaining 6.2%. According to the Social Security Administration,…

    Posted on Caradoc Wyn
    Experts say retiring abroad could reduce your living costs
    Iowa

    Experts say retiring abroad could reduce your living costs

    Mario Martinez | Moment | For seniors looking to reduce their expenses while improving their quality of life, the idea of ​​settling abroad could be attractive, financial experts say. So far, nearly a third of retirees have moved either domestically…

    Posted on Eira Gwyneth
    How to make 0% capital gains on the latest stock market rally
    New Jersey

    How to make 0% capital gains on the latest stock market rally

    In a strong stock market year, a lesser-known strategy could help rebalance your portfolio and save taxes in the future. This tactic, known as tax-gain harvesting, involves strategically selling the assets in your profitable brokerage account during lower-income years, such…

    Posted on Seren Anwen
    This required minimum distribution strategy helps avoid tax penalties
    Idaho

    This required minimum distribution strategy helps avoid tax penalties

    Aire Pictures | Moment | Retirees may have income from Social Security, a pension, a retirement plan or other sources – and they typically must either have taxes withheld or make quarterly payments to avoid IRS penalties. For 2024, the…

    Posted on Madoc Meredith

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