Beginning March 27, to recover new overpayments, the Social Security Administration will automatically withhold 100% of recipients’ monthly benefits, the agency announced.
Einat Steklov, CEO & co-founder of Kashable, a financial wellness company, believes employers need to address both immediate and long-term financial needs for their employees.
The average percentage of assets compared to total liabilities has held steady in the 71% to 79% range over the past five years, according to the National Conference of Public Employee Retirement Systems.
The Biden administration’s agenda, which sought to provide Medicaid-funded emergency services to undocumented immigrants, has cost federal and state taxpayers more than $16.2 billion, according to Congressional Budget Office estimates.
The Labor Department was granted its motion to pause two federal court cases challenging its Retirement Security Rule, which was finalized last April and had been set to go into effect last September, but has been beset by lawsuits.