Social security in Australia

Motus Report Reveals Almost Forty Percent of Monthly Car Allowances are Lost to Taxes

Retrieved on: 
Mardi, avril 16, 2019
Technology, Internet, Software, Transport, Trucking, Mobile, Wireless, Logistics, Supply chain management, Automotive, Professional services, Accounting, Fleet management, Human resources, Income statement, Payroll, Liberalism in the United States, Employee relations, Employment compensation, Taxation in the United States, Social programs, Economy, Social security in Australia, Social Security, Medicare, Tax

To illustrate the true costs of car allowance programs, the report takes a look at how much of the average monthly allowance for mobile workers makes it into their bank account each month.

Key Points: 
  • To illustrate the true costs of car allowance programs, the report takes a look at how much of the average monthly allowance for mobile workers makes it into their bank account each month.
  • When employers pay a car allowance, they are also responsible for payroll taxes to cover social security and Medicare taxes.
  • In total, $226 is lost to taxes on a $575 car allowance every month between employers and employees.
  • For every $100 paid in monthly car allowance, $38 is lost to taxes.

New Tax Law Had Little Effect on the Number of Retirees Who Pay Taxes on Social Security Benefits According to New Survey from The Senior Citizens League

Retrieved on: 
Mardi, avril 16, 2019
Economy, Liberalism in the United States, Social Security, Taxation in the United States, Government, Tax Cuts and Jobs Act, Social security in Australia, Tax, Social Security debate in the United States, Dividend tax

While 2018 was the first full tax year affected, the 2017 Tax Cuts and Jobs Act, made no changes to the taxation of Social Security benefits.

Key Points: 
  • While 2018 was the first full tax year affected, the 2017 Tax Cuts and Jobs Act, made no changes to the taxation of Social Security benefits.
  • "Even retirees with very modest incomes can be subject to a tax on a portion of their Social Security benefits," says Johnson.
  • In 1984 when the taxation of Social Security benefits began, less than 10 percent of Social Security recipients paid tax on benefits.
  • The Senior Citizens League is working to enact legislation that would raise the income thresholds that subject Social Security benefits to taxation.

New and renewed Social Security Tribunal members

Retrieved on: 
Jeudi, mars 7, 2019
Social Security Tribunal of Canada, Judiciary of France, Social security tribunal, Tribunal, Social security in Australia, Social Security, Government, Australia, Countries, Social Security Appeal Tribunal

GATINEAU, QC, March 7, 2019 /CNW/ -The Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development, today announced the appointment of five members to the Social Security Tribunal of Canada (Tribunal).

Key Points: 
  • GATINEAU, QC, March 7, 2019 /CNW/ -The Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development, today announced the appointment of five members to the Social Security Tribunal of Canada (Tribunal).
  • The Tribunal renders fair and impartial decisions on appeals regarding the Canada Pension Plan, Old Age Security and Employment Insurance (EI) claims for benefits.
  • The Social Security Tribunal began its operations on April 1, 2013.
  • The Social Security Tribunal is made up of two levels of appeal.

Thousands of Seniors Call on Congress: #KeepOurTrust

Retrieved on: 
Mercredi, février 27, 2019
Liberalism in the United States, Social Security, Taxation in the United States, Grassroots, Social security in Australia, Australia, Public sphere, Government

"This is our first big step forward," said Dan Perrin, President of The Seniors Center.

Key Points: 
  • "This is our first big step forward," said Dan Perrin, President of The Seniors Center.
  • The Social Security Trustees currently estimate that in 15 years, without legislative intervention, Social Security benefits will be permanently reduced by 25%.
  • There are thousands of people relying on Social Security completely," Perrin explained.
  • In the coming weeks, The Seniors Center will mobilize their supporters to engage in different grassroots activities in their districts supporting the #KeepOurTrust Pledge.

Covisum Releases New Retirement Planning Platform, Income InSight

Retrieved on: 
Mercredi, février 27, 2019
Economy, Finance, Money, Financial advisors, Financial adviser, Social security in Australia, Investment

Income InSight deeply integrates with Covisum's other tools: Social Security Timing, Tax Clarity, and SmartRisk, to provide clients with a clear vision of their retirement.

Key Points: 
  • Income InSight deeply integrates with Covisum's other tools: Social Security Timing, Tax Clarity, and SmartRisk, to provide clients with a clear vision of their retirement.
  • "Income InSight is designed to save advisors time, without sacrificing quality, and provide them with a seamless experience," said Joe Elsasser, CFP, President and Founder of Covisum.
  • Income InSight will help financial advisors identify and project how expenses, income streams, accounts, investments, and insurance could be used throughout the client's lifetime to supply the after-tax retirement lifestyle they desire.
  • Covisum provides financial advisors with software, training and support to deliver retirement income plans that improve the lives of clients by facilitating better decisions.

Minister Duclos Announces an Appointment to the Social Security Tribunal

Retrieved on: 
Mercredi, décembre 19, 2018
Judiciary of France, Social security tribunal, Social Security, Social security in Australia, Tribunal, Minister of Families, Children and Social Development, Australia, Government, Social Security Appeal Tribunal, Social Security Tribunal of Canada

The Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development, today announced the appointment of Pierre M. Vanderhout to the Social Security Tribunal's General Division - Income Security Section as a full-time member until June 8, 2020.

Key Points: 
  • The Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development, today announced the appointment of Pierre M. Vanderhout to the Social Security Tribunal's General Division - Income Security Section as a full-time member until June 8, 2020.
  • The Tribunal renders fair and impartial decisions on appeals regarding the Canada Pension Plan, Old Age Security and Employment Insurance (EI) claims for benefits.
  • The Social Security Tribunal began its operations on April 1, 2013.
  • The Social Security Tribunal is made up of two levels of appeal.

New and renewed Social Security Tribunal members

Retrieved on: 
Mercredi, novembre 7, 2018
Social Security Tribunal of Canada, Social security tribunal, Tribunal, Minister of Families, Children and Social Development, Social Security, Social security in Australia, Australia, Government, Law, Social Security Appeal Tribunal

The Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development, today announced the appointment of five members to the Social Security Tribunal of Canada.

Key Points: 
  • The Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development, today announced the appointment of five members to the Social Security Tribunal of Canada.
  • The Tribunal renders fair and impartial decisions on appeals regarding the Canada Pension Plan, Old Age Security and Employment Insurance (EI) claims for benefits.
  • The Social Security Tribunal began its operations on April 1, 2013.
  • The Social Security Tribunal is made up of two levels of appeal.

New Chairperson appointed to the Social Security Tribunal

Retrieved on: 
Vendredi, septembre 14, 2018
Liberalism in the United States, Social Security, Taxation in the United States, Social security in Australia, Social security tribunal, Australia, Government, Law

The experience Mr. Aterman brings will be strong assets in the renewal of the Social Security Tribunal.

Key Points: 
  • The experience Mr. Aterman brings will be strong assets in the renewal of the Social Security Tribunal.
  • I would like to take this opportunity to thank the Acting Chairperson of the Social Security Tribunal, Mr.
  • "I am pleased to announce the appointment of Paul Aterman as the new Chairperson of the Social Security Tribunal of Canada.
  • "I look forward to working collaboratively with partners to develop and implement a comprehensive action plan for the renewal of the Social Security Tribunal.