Each year, the Social Security Administration (SSA) makes crucial adjustments impacting millions of workers' finances, and ...

Social Security is a crucial income source for millions of Americans. Understanding annual changes is essential for solid ...

Since the Social Security taxable wage base limit is $132,900, and the Social Security tax rate is 6.2 percent, the amount that is shown in this box should not exceed $8,239.80.

Today, Social Security’s trust funds have a combined reserve of $2.7 trillion, and spending has exceeded revenue since 2021.

Maxing out Social Security requires more than just a high salary.

A: You and your friends are all wrong. Social Security retirement benefits are based on the highest 35 years of earnings.

If you have at least 35 years of earnings at or above the threshold, you may be in line for the maximum possible benefit in ...

Lawmakers quietly added a fund intended to comply with federal rules about pensions for newer state workers. If it works, ...

In addition, a larger share of the country’s wage base is not subject to payroll taxes, Social Security’s lifeblood, compared with years past.

The maximum possible Social Security benefit for high earners will also increase in 2025. This reflects changes to the taxable wage base and adjustments for average wage growth.

The longer you wait to start collecting Social Security, the higher your check will be for life — and if you can wait, you should. Though you can claim benefits as early as age 62, it will cost you.

For 2025, the taxable earnings limit, also known as the “wage base,” will increase to $176,100 from $168,600 in 2024. This means that a larger slice of high earners’ income will be subject ...