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2. Here are the biggest retirement changes coming in 2023 - AOL

   www.aol.com/finance/biggest-retirement-changes...

   Huge Social Security increase. ... workers who are 50 and older can contribute up to $30,000 starting in 2023. The annual contribution limit for IRAs next year also increased to $6,500 from $6,000 ...

3. Final Reminder: These Social Security Changes Take Effect in 2023

   www.aol.com/final-reminder-social-security...

   The 8.7% increase in the Social Security COLA for 2023 is the highest since an 11.2% hike in 1981. For that you can thank soaring inflation in 2022. ... For every $2 in work income above that ...

4. Social Security Wage Base - Wikipedia

   en.wikipedia.org/wiki/Social_Security_Wage_Base

   In 2020, the Social Security Wage Base was $137,700 and in 2021 was $142,800; the Social Security tax rate was 6.20% paid by the employee and 6.20% paid by the employer. [1] [2] A person with $10,000 of gross income had $620.00 withheld as Social Security tax from his check and the employer sent an additional $620.00. A person with $130,000 of ...

5. 6 big shakeups to Social Security in 2023 - AOL

   www.aol.com/finance/6-big-shakeups-social...

   The big news for 2023 is an 8.7% jump in the Social Security COLA, which is the highest since an 11.2% increase in 1981. ... Security Income (SSI) benefits will see an increase in the maximum ...

6. What Is the Maximum Taxable Income for Social Security for 2023?

   www.aol.com/finance/maximum-taxable-income...

   Example: “Increase the taxable maximum such that 90 percent of earnings would be subject to the payroll tax (phased in 2022-2031). Provide benefit credit for earnings up to the revised taxable ...

7. Retirement contribution limits for 2023 jump by record amount

   www.aol.com/finance/retirement-contribution...

   The IRS released the maximum annual contributions to 401(k) and similar retirement accounts along with IRAs. Retirement contribution limits for 2023 jump by record amount [Video] Skip to main content

8. What You Need to Know About 2023 Retirement Contribution Limits

   www.aol.com/2023-retirement-contribution-limits...

   Continue reading → The post 2023 Retirement Contribution Limits appeared first on SmartAsset Blog. Funneling money into a tax-advantaged account, such as an IRA or a 401(k) is a must if you're ...

9. Don't Forget: Roth IRA Income Limits For 2023 - AOL

   www.aol.com/finance/roth-ira-income-limits-2023...

   A Roth individual retirement account (IRA) can be a helpful tool for retirement planning. These tax-advantaged accounts offer a way to save money in addition to what you might be contributing to a ...