If you work in a job that’s covered by Social Security, your employer normally withholds 6.2% of your wages to pay for the Social Security portion of federal employment (Federal Insurance Contributions Act, or FICA) taxes (assessed on wages up to the taxable wage base of $110,100 in 2012). Your employer has to pay the same amount–6.2% of your wages up to $110,100 (in 2012).
“Hiking is a wonderful way not only to participate in aerobic exercise, but also to clear your head,” says board-certified family physician Ray Sahelian, MD, who not only recommends hiking to his patients but also practices what he preaches by hiking regularly in the mountains near his Southern California home.
This year we will be hosting an annual Shredding Party June 2nd, at the Arroyo Seco Park in South Pasadena. We invite you and your guests to join us in learning practical steps anyone can take to safeguard against identity theft and fraud. This is an excellent opportunity to introduce people who mirror your lifestyle to Guidant Planning.
Gold and Silver is down over 6% in early trading this morning. Shares of gold mining companies are also dropping in sympathy. Any asset including precious metals must be carefully considered when adding to a portfolio. Sometimes the value diversification of adding a non-correlation assets (such as gold and/or silver) is trumped by the huge volatility sometimes found in a parti
IRA stands for Individual Retirement Account, and it’s basically a savings account with big tax breaks, making it an ideal way to sock away cash for your retirement. A lot of people mistakenly think an IRA itself is an investment – but it’s just the basket in which you keep stocks, bonds, mutual funds and other assets.