2025 Social Security Updates: COLA and Wage Base Limit Explained

2025 Social Security Updates: COLA and Wage Base Limit Explained

As we move into the last quarter of the year, big changes are coming for retirees in 2025. The Social Security Administration (SSA) has announced important updates that will affect both workers and retirees. These changes include a slight rise in the cost-of-living adjustment (COLA) and an increase in the wage base limit for payroll … Read more

Social Security Tax Increase: How the 17.5% Change Could Impact Your Income in 2024

Social Security Tax Increase: How the 17.5% Change Could Impact Your Income in 2024

Social Security is an important program that provides benefits for retirees, disabled individuals, and the families of workers who have passed away. But recently, there has been talk of a possible increase in Social Security taxes, which could rise to 17.5% in 2024. This has raised concerns for many people about how it might affect … Read more

Social Security Earnings and Tax Cap Increases in 2025 Explained

Social Security Earnings and Tax Cap Increases in 2025 Explained

In 2025, Social Security will make some important changes to earnings limits and tax ceilings. These changes will affect both retirees and people still working while receiving Social Security benefits. If you are nearing full retirement age (FRA) or already receiving benefits, it’s essential to understand how these changes may impact your finances. Updates to … Read more