7

Oct

Retirement Accounts Lost $2 trillion in 5wks

Posted by: Scott @ 12:05 pm in Barack Obama, Economy, Politics, Real Estate & Lending

Visited 273 times, 2 so far today

Retirement accounts have lost $2 trillion

WASHINGTON (AP) - Americans’ retirement plans have lost as much as $2 trillion in the past 15 months, Congress’ top budget analyst estimated Tuesday.

Washington Post

Social Security tax would be 12.4% for income from zero to $102,000; 0% for income from $102,000 to $250,000; and 4% from $250,000 and up, effective 2018.

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