Personal Tax Planning

Unemployment Insurance and “Millionaires”: Recent Data and Policy Considerations

Under the federal-state Unemployment Insurance (UI) system, unemployed workers—including high-income workers—who meet program requirements are eligible to receive UI benefits. States, which determine many of the eligibility requirements for UI benefits, may not restrict eligibility based on individual or household income. The now-expired enhanced UI benefits created by Congress in response to the COVID-19 pandemic...

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Official Forecast: 2023 Social Security COLA

The US Bureau of Labor Statistics just released the CPI-W for August, which means were getting closer to determining 2023's Social Security COLA (Cost of Living Adjustment).