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The general Social Security earnings-test limit in 2025 is $23,400 (up from $22,320 in 2024). You'll have $1 in Social Security withheld for every $2 you earn above that limit.
Social Security limits the amount of wages that it taxes each year based on inflation and wage growth. In 2024, Social Security's wage cap was $168,600. In 2025, it's $176,100.
In 2024, Social Security recipients saw their benefits rise by 3.2%. But inflation has cooled to a large degree in 2024, compared to 2023. Because of this, 2025's Social Security COLA isn't ...
Working Beneficiaries and Income Limits. For beneficiaries who are still working and haven’t yet reached full retirement age, Social Security applies an earnings limit. In 2025, benefits will be ...
Seniors on Social Security should prepare for a smaller COLA in 2025. That could mean adjusting your spending to try to reduce expenses, or dabbling in the gig economy for extra cash. 2.
The Social Security Administration announced recently that seniors will get a 2.5% benefits increase for the 2025 year. That amounts to around $49 more in monthly benefits for the average retiree.
More than 65 million people receive Social Security benefits, according to August 2024 data from the Social Security Administration (SSA). Many of them rely on Social Security for their financial ...
Another change would be adding more funding by applying the Social Security payroll tax on all income above $250,000. Currently, earnings above $147,000 aren’t subject to the Social Security tax.