Earners

Some lawmakers want to strip social security from high earners.  Will this happen?

Some lawmakers want to strip social security from high earners. Will this happen?

(Maurie Backmann) Social Security is financially fragile. In future years, the program expects to owe more benefits than it takes in as baby boomers leave the workforce, reducing its main source of revenue, payroll taxes. If lawmakers fail to find a way to pump more money into Social Security, the program may have to cut …

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6 Key Areas of Personal Finance for High Earners Like Home Run King Aaron Judge

6 Key Areas of Personal Finance for High Earners Like Home Run King Aaron Judge

| Getty Images Key points to remember Aaron Judge is in the highest tax bracket, paying 37% for federal taxes and 10.3% for New York State taxes. For him, tax considerations are very important. For every additional dollar he earns in 2022, he will have to pay $0.47 in taxes. It would be wise for …

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