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  2. Millions more salaried workers will be eligible for overtime ...

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    The threshold will increase to the equivalent of an annual salary of $43,888, or $844 a week, starting July 1, and then to $58,656, or $1,128 a week, on January 1, 2025.

  3. The IRS has announced its new 2025 tax brackets. Here's what ...

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    The IRS on Tuesday announced its new inflation-adjusted tax brackets for 2025, ... for married couples filing jointly will rise to $23,850 in 2025, a 2.8% increase from its 2024 threshold of ...

  4. Here's the Maximum Possible 2025 Social Security Benefit at ...

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    Image source: Getty Images. The salary you'll need to qualify for the maximum benefit in 2025. Regardless of the age at which you claim, you'll need to meet a minimum salary threshold across 35 ...

  5. State income tax - Wikipedia

    en.wikipedia.org/wiki/State_income_tax

    Maryland (all local taxes reported on state income tax form): All counties, and the independent city of Baltimore; Michigan: Many cities, including Detroit, Lansing, and Flint (most income above a certain annual threshold; reported on form issued by imposing city or on separate state form 5118/5119/5120 in the case of Detroit)

  6. Social Security Wage Base - Wikipedia

    en.wikipedia.org/wiki/Social_Security_Wage_Base

    Note that although self-employed individuals pay 12.4%, this is mitigated two ways. First, half of the amount of the tax is reduced from salary before figuring the tax (you don't pay Social Security tax on the tax your employer pays for you.) Second, the "employer" half is an adjustment to income on the front page of Form 1040.

  7. New York Public Service Commission - Wikipedia

    en.wikipedia.org/wiki/New_York_Public_Service...

    New York State Public Service Commission; Commission overview; Formed: 1907: Jurisdiction: New York: Headquarters: 3 Madison Ave, Albany, NY 12223: Employees: 528 (2022) Annual budget: $117.5 million (2021) Commission executive

  8. Paid biweekly? Here's when you could get an 'extra' paycheck ...

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    If your first paycheck of 2025 falls on Friday, Jan. 10, you will receive three paychecks in May: May 2, May 16 and May 30 − and October: Oct. 3, Oct. 17 and Oct. 31.

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    Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!