Why Does Minnesota Tax Social Security Benefits?Minnesota is just one of 13 states that tax Social Security benefits. On Thursday, Minnesota Senate Republicans announced a plan to do away with that.
Good Question: How Do We Measure Inflation?Starting next year, Social Security benefits will rise 1.7 percent -- or about $20 a month based on an average monthly Social Security payment of $1,192. That increase, or cost-of-living adjustment (COLA), has been pegged to the consumer price index (CPI) since 1975. It's one of several ways to measure inflation. So, how do we measure the CPI?
Woman Pleads Guilty To Social Security EmbezzlementA 28-year-old woman who worked for a social security benefits company pleaded guilty in Minneapolis Federal Court on Tuesday to stealing more than $25,000 in those benefits from three clients.