Ss Fairness Act 2024 Update News. Social security is funded through a payroll tax that is split between employers and employees, but there is a cap on taxable income, with this year’s set at $168,600. The house of representatives could force a vote on the social security fairness act, which would repeal rules that currently reduce ss benefits for certain civil.
82, now with more than 300 cosponsors, it’s a critical time to take action. This bill repeals provisions that reduce social security benefits for individuals who receive other benefits, such as a pension from a state or.
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