None of the contemplated legislation would plug the unlimited homestead exemption loophole. That means that the business would likely be crippled by the unexpected death of the owner. Beginning Oct. 1, the Social Security Administration began mailing statements to about 125 million workers who are age 25 or older and not already receiving Social Security benefits. The four-page individualized statement is intended to help workers plan their financial future by providing estimates of the retirement, disability and survivors benefits they and their families could be eligible to receive now and in the future. To accomplish this monumental task of reaching 125 million workers, they will mail approximately 500,000 statements each business day.
Workers can expect to receive their statement each year about three months before their birth month.
We are looking forward to this celebration of success. These companies have demonstrated their ability to survive and prosper in today s economy. They create lots of new jobs and are financial blessings to their communities. The holiday season has arrived and we can smell the turkeys cooking. The United Way s annual fund drive is underway.