What is an Health Savings Account (HSA)?
Definition Health Savings Accounts (HSAs), created by the Medicare Prescription Drug, Improvement, and Modernization Act of 2003, are individual savings accounts, for which the amounts
Social Security
A retirement insurance program provided by the federal government to eligible individuals. Beneficiaries of social security include the US worker, spouses and dependents.
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SSI Cost-of-Living Adjustment (COLA) Information for 2013
“Monthly Social Security and Supplemental Security Income (SSI) benefits for nearly 62 million Americans will increase 1.7 percent in 2013” SSA. Click here for more.
Social Security Benefits Increase in 2012
Monthly Social Security and Supplemental Security Income (SSI) benefits for more than 60 million Americans will increase 3.6 percent in 2012. The 3.6 percent cost-of-living
Taxable Wage Base
Definition The Taxable Wage Base refers to the maximum amount of wages that can be used to compute social security contributions. Referring Cite Treas. Reg.
Social security integration (Permitted disparity)
Definition Method of computing and allocating nonelective contributions under an employer sponsored plan, where the allocation method results in participants with compensation above the integration
