Taxed Once, Taxed Twice… Social Security Ain’t So Nice!

By now you are used to all of the various deductions on your paycheck. Guaranteed you will have withholdings for Federal Income Tax, Social Security (FICA), Medicare (FICA), health insurance, possibly life and disability insurance and your 401k contributions. The Social Security deduction under the FICA umbrella is a tax that you pay every week Read more about Taxed Once, Taxed Twice… Social Security Ain’t So Nice![…]

How Dare You Think That You are Entitled to Social Security!

If you are in the work force, then you are paying taxes. ¬†One of those taxes is for OASI – Old Age and Survivors Insurance, but you probably have never heard of that. ¬†Another name for OASI is Social Security. Since you are in the workforce and paying social security taxes, you are probably under Read more about How Dare You Think That You are Entitled to Social Security![…]