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Learn about the history, definitions, and demographics of disability in the U.S., a significant minority group that makes up about 20 percent of the population. Find out how disability rights legislation, accessibility, and benefits have evolved over time.
FICA is a federal tax that employees and employers pay to fund benefits for retirees, people with disabilities, and children of deceased workers. FICA consists of two parts: OASDI for Social Security and HI for Medicare. Learn how FICA is calculated, who pays it, and how it differs from income tax.
Discounts and allowances are reductions to a basic price of goods or services.. They can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the package), the retail price (set by the retailer and often attached to the product with a sticker), or the list price (which is quoted to a potential buyer ...
The G.I. Bill, or Servicemen's Readjustment Act of 1944, was a law that provided various benefits for World War II veterans, such as education, housing, and employment. It was a bipartisan effort led by the American Legion and signed by President Roosevelt, and it is considered a major success and contribution to U.S. society and economy.
Learn about the state disability program of California that provides short-term income replacement for employees who are unable to work due to illness or injury. Find out the contribution rates, benefit amounts, eligibility criteria and tax deductibility of SDI.
Learn about the history and current system of military retirement benefits in the US, which are technically not a veterans pension but a retainer payment. The Blended Retirement System (BRS) is the current iteration of military retirement for the US Armed Forces, combining a reduced defined benefit with an employer-matched contribution.
For each month that the benefit is claimed before the month in which the person attains Full Retirement Age, the benefit is reduced by a certain amount of the PIA. For the first 36 months, the benefit is reduced by 5/9 of 1% of the PIA; for additional months it is reduced by 5/12 of 1%. The aggregate reduction for the first three years is 20%. [10]
Learn about the history, trends, and current status of the US military budget, which is the largest portion of the discretionary federal budget allocated to the Department of Defense (DoD). Find out the budget requests, enactments, and authorizations for each fiscal year, as well as the breakdown by military department and overseas operations.