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2. 3 Social Security Changes Retirees Need to Know About in 2025

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   3. The wage cap for Social Security taxes is going up. Social Security is funded primarily by payroll taxes. Each year, there's a wage cap set that dictates how much income gets taxed for Social ...

3. Applying for Social Security in 2025? 3 Things You Should Do ...

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   That's because you don't pay Social Security payroll taxes on all your income. In 2024, you only paid these taxes on the first $168,600 you earned. In prior years, this limit was lower .

4. Social Security Is Getting a Shakeup in 2025. Here's What to ...

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   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 ...

5. 5 2025 Social Security Rules That Take Effect Today - AOL

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   Some workers could lose more money to Social Security payroll taxes in 2025 because the taxable wage base has gone up. In 2024, you only paid these taxes on your first $168,600 in earnings ...

6. Here Are Two Major Social Security Changes Retirees Need to ...

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   This means more income of some workers will be subject to Social Security payroll taxes. For example, if you earned $175,000 in 2024, $6,400 would be exempt from Social Security payroll taxes.

7. Unhappy With Your Higher 2025 Social Security Tax Bill ... - AOL

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   Social Security also has a wage cap that dictates how much income is taxed each year to fund it. In 2024, the wage cap was $168,600. ... Having to pay Social Security taxes on an extra $7,500 of ...

8. 9 States That Will Tax Social Security Benefits in 2025 - AOL

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   While West Virginia will eventually phase out its state income tax on Social Security benefits in three years thanks to a newly passed law, for the time being individuals who make less than ...

9. These 3 Important Social Security Changes Were Just ... - AOL

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   3. The wage cap is increasing. Social Security relies on payroll tax revenue to stay afloat. Each year, there's a wage cap established that determines how much income is taxed to fund the program ...