Tag: COVID-19
Texas Securities Commissioner Travis Iles says we’re living in a perfect storm – for financial fraud. Isolated at home to avoid COVID, people are spending more time online, and he suspects that some have become more susceptible to fraud because they think a big win would take the edge off of the financial uncertainties of…
Abstract Federal law allows certain state and local government employees to be excluded from Social Security if they are covered by an employer pension of sufficient generosity. As a result, approximately one-quarter of state and local workers are not covered by Social Security on their current job. Before COVID-19, these “FICA replacement plans” all satisfied…