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Image source: Getty Images. 1. 2.5% cost-of-living adjustment (COLA) The big Social Security news from the last couple of months has been the 2025 COLA, which came in at 2.5%.This is under the 3.2 ...
The Social Security Administration allows workers to earn up to four credits a year, which would fully insure you under the program, but the amount of earnings associated with a single credit can ...
For non-blind workers, you can earn up to $1,550 a month next year while still collecting Social Security — $80 more than their limit this year. 5. You could face getting taxed on your benefits
Lawmakers now are unlikely to make changes that make fewer benefits taxable in light of the fact Social Security has money problems already, so it's likely those thresholds put in place in the ...
But Social Security's Trustees estimate the lower limit will increase to $23,280 (up from $22,320) and the upper limit will increase to $61,800 (up from $59,520).
If that forecast is accurate, the maximum amount most workers will pay in Social Security taxes next year will increase to $10,843.80, meaning some individuals will see an additional $390.60 ...
In 2025, the maximum earned income tax credit for low- to moderate-income families with three or more children rises to $8,046, a slight increase from this year. This credit helps support working ...
3. Maximum Social Security benefit also set to increase. The maximum Social Security benefit for a worker retiring at full retirement age will increase from $3,822 in 2024 to $4,018 in 2025. This ...