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The Paycheck Protection Program (PPP) is a $953-billion business loan program in the U.S. to help certain entities pay their workers during the COVID-19 pandemic. The loan may be partially or fully forgiven if the entity maintains its employee counts and wages, and the program was implemented by the Small Business Administration.
Learn about the trust funds that provide for payment of Social Security benefits in the U.S. and their structure, governance, history, and projections. The trust funds are off-budget and hold special U.S. government securities that can be redeemed when needed.
The Middle Class Tax Relief and Job Creation Act of 2012 (Pub. L. Tooltip Public Law (United States) 112–96 (text), H.R. 3630, 126 Stat. 156, enacted February 22, 2012), also known as the "payroll tax cut", was an Act of the United States Congress.
If you applied online or submitted your application by fax or mail, you can call the Social Security Administration at 800-772-1213 (TTY: 800-325-0778).
The IRS is the federal revenue service of the United States, responsible for collecting taxes and administering the Internal Revenue Code. It is an agency of the Department of the Treasury and has a history dating back to the Civil War and the 16th Amendment.
FICA stands for Federal Insurance Contributions Act, a tax that funds federal programs for retirees, people with disabilities, and children of deceased workers. FICA applies to earned income only and is paid by both employees and employers, with different rates and limits depending on the type of income and the year.
Sign in to your AOL account to access your email and manage your account information.
A 401 (k) plan is a personal retirement account that allows employees to contribute pre-tax or after-tax income to their retirement savings. Learn about the history, taxation, types, and rules of 401 (k) plans in the United States.