Yahoo Finance: Terrell Stauffer Featured in “Medicare Tax: Should High Earners Pay More? See What People Think.”

Terrell Stauffer, CFP® Financial Advisor at Wealth Enhancement Group was featured in a Yahoo Finance article titled, “Medicare Tax: Should High Earners Pay More? See What People Think.”

“Medicare tax of 2.9% — split between employees and employers — doesn’t have a cap like Social Security, so higher-income earners pay more the more they make: an additional Medicare tax of 0.9% is assessed on anyone making over $250,000 in joint income or $200,000 as a single filer.”

Access the article written by Nicole Spector here.