The calculation parameters for #SocialInsurance are updated annually and adjusted to #income trends. Effective January 1, #2025, the Social Security Calculation Parameters #Regulation 2025, as approved by the Federal Cabinet on November 6, 2024, will come into force. Due to the positive income #development over the past year, the #contribution assessment ceilings will increase more significantly than in previous years. Julia Kulmegies, LL.M. (Tongji Shanghai 同济大学), attorney at Ogletree Deakins, provides a comprehensive overview of the topic: https://lnkd.in/dCZc63Tu #OgletreeDeakins #OgletreeDeakinsGermany #WorkplaceLaw #LaborLaw #EmploymentLaw #StatutoryHealthInsurance #PensionInsurance #ContributionAssessment #ContributionAssessmentCeiling
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Concerns about the impending insolvency of the Social Security program have been discussed for some time. Reform, however, has long been considered a third rail of American politics but some in Congress have stepped forward with proposals that aim to tackle the problem. Read this analysis by Judy Barnhard, MBI co-founder and senior advisor. https://ow.ly/Hlhr50TzlCQ #nationalretirementsecurityweek #financialplanning #financialplanningmonth #octoberisfinancialplanningmonth #socialsecurity
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This FREE simple flowchart breaks down the complex considerations and over 2,700 Social Security claiming rules to help people maximize their government-guaranteed income.
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Join us for an exclusive event where you'll discover how to optimize your Social Security benefits, reduce tax liabilities, and retire with confidence! Learn How the New Tax Law Changes Can Affect You and Your Benefits. November 12th, 6:30pm November 13th, 4:30pm Punta Gorda Library 401 Shreve St, Punta Gorda, FL 33950 Topics: ✔️Social Security Benefits File for benefits early or delay taking them? Which is better for you? ✔️Legislative Impact Recent tax law changes and the impact on retirees. ✔️Asset Taxation Learn how to turn forever-taxed money into never taxed money. ✔️Net Income Maximization How you may be able to reduce or eliminate taxes on your Social Security. ✔️Strategy Implementation Learn the rules you need to know when you transition from wealth accumulation to wealth distribution. Register here: https://lnkd.in/gKrkqaDj #SocialSecurity #TaxLawChanges #RetirementPlanning #FinancialSecurity #WealthManagement #MaximizeBenefits #TaxEfficiency #RetireWithConfidence #FinancialEmpowerment
OPTIMIZING YOUR SOCIAL SECURITY BENEFITS
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👓 WHAT WE'RE READING – 5 key stories from the anti-corruption world 1️⃣ The Times: "Now that the budget’s done Labour can get back to squabbling over freebies". Great piece by Lara Spirit that correctly predicted this week's rather low-profile announcement of a new ministerial code and highlighted some of the issues around the government's proposed Ethics & Intergrity Commission. 🔗 https://lnkd.in/eBdTbYyG 2️⃣ Legal Futures: "Law firms treating AML training as “tick-box exercise”". Good round-up of the problems with the legal sector's approach to anti-money laundering checks as reported by the Solicitors Regulation Authority recently.🔗 https://lnkd.in/etrTujsX 3️⃣ POLITICO Europe: "Britain’s art-loving elite fumes at money laundering crackdown". Talking of AML, Politico's Eleanor Myers finds the London art market is strangely reluctant to ask its customers questions about where they got their money 🤔. 🔗 https://lnkd.in/dujcsC9T 4️⃣ Byline Times: "Revealed: Trump Campaigns Received $45m from Tufton Street Donors". Max Colbert and Peter Geoghegan team up for this great scoop on the dark money links between the UK's Tufton Street think tanks and the Trump campaign. 🔗 https://lnkd.in/eSTeZPtn 5️⃣ Financial Times: "Serious Fraud Office given extra funding to fight financial crime". In a rare piece of good news for the Serious Fraud Office (UK), Suzi Ring reports that they received a decent chunk of new funding in last week's budget. We'll drink to that 🍸. 🔗 https://lnkd.in/eKb2APDk #ministerialcode #aml #darkmoney
Now that the budget’s done Labour can get back to squabbling over freebies
thetimes.com
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The New Fiduciary Rule is officially "stayed". The next step will be to determine if the regulation and exemptions are valid or should be vacated. Additionally, there are still compliance issues. Read More Here: https://lnkd.in/enhWz4bS #FiduciaryRule #Regulation #ComplianceIssues #FinancialRegulations #LegalUpdate #FinancialAdvisor #IndustryNews #AdvisoryCompliance #financialplanner #retirementplanning #401kplanning #melville #longisland #ny
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The new EU Anti-Money Laundering Authority (AMLA) has been established - what should banks expect next? As Benedict Wagner-Rundell writes, with the rules applying from mid-2027, and direct AMLA supervision beginning in 2028, the new AML rulebook will require significant changes from regulated firms' internal controls, and the new EU-wide supervisory methodology AMLA will develop will have a major impact on how compliance is overseen. KPMG’s #AMLAOffice will provide regular updates and analysis of the AMLA’s strategy, rulemaking and supervisory policy development. KPMG professionals are ready to support firms preparing for the new AML environment and navigating your #AMLAJourney. Subscribe for AMLA Office updates here: https://lnkd.in/ehRtFsca #KPMG #AMLAOffice #compliance
AMLA is here… Now what?
kpmg.com
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#FraudFacts: Insightful summary from Mayer Brown Partner Chris Chapman and Lauren H. on the likely changes to take place relating to #fraud, #regulation and #innovation now Labour has won the UK general election. Labour's plans focus on a coordinated, multi-sector approach to combat fraud, leveraging #data sharing, regulatory adjustments, and a balance between real-time #payments and #fraudprevention checks. These efforts aim to create a robust framework to protect consumers while ensuring the financial services sector remains efficient and secure. Read more: https://lnkd.in/ePZyHSwJ #generalelection #riskmanagement #identityverification #AML #KYC #AIFraud #legalnews #compliance
Labour's Plans for Financial Services Regulation: What We Know | Insights | Mayer Brown
mayerbrown.com
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Each year the U.S. government adjusts the limits for qualified plans and Social Security to reflect cost-of-living adjustments and changes in the law. Here are the new 2025 Benefit and Contribution Limits. #DBZinc #PlanLimits #CerradoGroup
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Discover the importance of supporting employment for individuals accessing Income protection benefits in this article. Learn how maintaining jobs can mitigate economic impacts and enhance the well-being of those affected. Dive into strategies for successful rehabilitation and return-to-work support. Read the full article to explore these crucial insights!
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Discover the latest updates in labour laws and social security. Dive into our “Social security newsletter,” July 2024 edition, for essential insights into regulatory changes and more. Stay informed. Click here to read now: https://deloi.tt/4eob0B1 Divya Baweja, Saraswathi Kasturirangan #SocialSecurityNewsletter #LaborLaws
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