by Springwater Wealth | Jul 23, 2019 | Newsletter
As the race to select a Democratic nominee for the 2020 election heats up, candidates are being asked what they think should be done to “save” Social Security. This of course begs the question of whether or not Social Security even needs saving. In what sense is this...
by Springwater Wealth | Jun 6, 2019 | Newsletter
For millions of Americans, Social Security forms the foundation of their retirement. For many, the benefit from Social Security comprises more than half their retirement income. From its creation during the administration of President Franklin Roosevelt, Social...
by Springwater Wealth | Apr 4, 2019 | Newsletter
The 2017 Tax Cuts and Jobs Act (“TCJA”) changed tax withholdings for W-2 wage earners. Because the new law nearly doubled the standard deduction, employees had less withheld from their paychecks. The required withholding on bonus payments, vested...
by Springwater Wealth | Nov 27, 2018 | Newsletter
This week, some Medicare beneficiaries will receive a letter from the Social Security Administration, letting them know that because of their income, they will pay more for Medicare next year. Since 2007, Medicare beneficiaries whose income exceeds $85,000 for...
by Springwater Wealth | Oct 23, 2018 | Newsletter
The US Social Security Administration recently announced that beneficiaries – including retirees, disabled workers and their eligible dependents and surviving family members – will receive a 2.8% increase in their benefits in 2019. This will be the largest annual...
