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Every year, the government makes adjustments to the program that help it take in greater tax revenue and increase benefits available to retirees, among other things. The big Social Security news ...
The new wage base limit, which will be in effect in 2025, is $176,100, up from the $168,600 limit in 2024. This means more income of some workers will be subject to Social Security payroll taxes.
For 2025, you’ll be able to increase your annual contribution to your 401(k), 403(b), governmental 457 plans, and the federal government's Thrift Savings Plan to $23,500, up from $23,000.
January 1 – New Year's Day; February 17 – Family Day; April 18 – Good Friday; May 19 – Victoria Day; July 1 – Canada Day; September 1 – Labour Day; September 30 – National Day for Truth and Reconciliation; October 13 – Thanksgiving Day; November 11 – Remembrance Day; December 25 – Christmas Day
1. The 2025 Social Security COLA. Social Security beneficiaries are getting a 2.5% cost-of-living adjustment, or COLA, starting with the payment they receive in January 2025. As of the latest data ...
Retirees can expect to receive a 2.5% cost-of-living adjustment (COLA) in 2025. The average retiree collects around $1,925 per month, according to the most recent data from the Social Security ...
The Legislature of Alberta, under a Progressive Conservative majority government, passed the Election Amendment Act, 2011, on December 8, 2011. It provided that a general election would be held between March 1 and May 31, 2012, and after that, in the same three-month period in the fourth calendar year after a general election. [12]
It's not a given that you'll pay Social Security taxes on your entire salary. Each year, there's a wage cap put in place that determines how much income is taxed to fund the program. In 2025, that ...