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Social Security blog: This is the hub for Social Security news and updates, at ssa.gov. Frequently Asked Questions (FAQs) Retirement Application : One can complete and submit their online ...
The biggest problem plaguing Social Security. Social Security is a complex program, and one of the more confusing aspects is the financial state of its trust funds: the Old-Age and Survivors ...
The report also revealed that the maximum amount of earnings subject to the Social Security FICA payroll tax will increase from $168,600 to $176,100. This tax hike wasn't pushed by the Biden ...
Increasing the Social Security payroll tax: This is the tax all workers pay on their income up to an inflation-adjusted ceiling ($168,600 in 2024). This meant workers took home less money each year.
The Social Security Administration (SSA) released its 2024 trustees report in mid-May, and here's what it says about the program's future. Person with a serious expression looking at a tablet ...
Some Social Security beneficiaries might be disappointed by the amount of their increase. The 2025 COLA of 2.5% is lower than the 3.4% received this year and well below the 8.7% received in 2023.
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You might be aware that a major Social Security trust fund will disappear in about a decade -- and take a big chunk of retirees' benefits with it. But until recently, putting a dollar figure on the...
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