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Will The Social Security Cap Increase Help It Last Longer ...

   The Social Security cap increase will be 7% in 2017, but even that may not be enough to keep Social Security from running out of funds.


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Source: will the social security cap increase help it last longer

Time: 18-12-19

Tags:   annual social security cap

Social Security Administration announces small increase in ...

   The Social Security Administration said that the maximum amount of wages subject to the 6.2% Social Security tax in 2018 will rise a little more than 1%, after a much larger increase last year.


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Source: social security administration announces small increase in

Time: 18-12-19

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12 Million to Pay More Social Security Tax in 2017 | Investopedia

   Jan 10, 2017 - For the approximately 161 million workers making less than that cap every year, this year's change doesn't apply. For the other 12 million, ... will be able to pay their benefits. According to the Social Security Board of Trustees' 2016 annual report, the program's costs will exceed its income beginning in 2020.


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Time: 18-12-19

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Social Security Administration announces large increase in 2017 ...

   Oct 19, 2016 - Among the other increases is the amount a worker under full retirement age can earn before he or she has Social Security benefits reduced. The limit increases from $15,720 a year to $16,920 for 2017, after which $1 in benefits is withheld for every $2 earned above the limit. Last year, this limit also did not ...


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Source: social security administration announces large increase in 2017

Time: 18-12-19

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What Is the 2017 Maximum Social Security Tax? -- The Motley Fool

   Dec 7, 2016 - The maximum taxable Social Security earnings amount was formerly $118,500, so the 2017 wage cap represents a 7.3% increase. This may seem excessive, given that the cost-of-living adjustment (COLA) given to current beneficiaries was just a paltry 0.3%. In fact, this is the largest one-year increase to ...


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Time: 18-12-19

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Maximum Social Security Withholding - UPDATED for 2018

   Oct 31, 2017 - Describes the annual maximum social security tax for the current and previous years, and how it affects earnings from employment and self-employment. ... There is no limit on Medicare taxes; Medicare tax is payable on all income, without a maximum. For higher-income individuals, there is an additional ...


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Time: 18-12-19

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What Is the Maximum Social Security Tax in 2017? -- The Motley Fool

   Mar 29, 2017 - Depending on how much money you earn, you may not pay Social Security taxes on your entire income. That's because a cap is set each year on the amount of income subject to Social Security taxes. Last year, that limit was $118,500, but in 2017, it jumped to $127,200. Now if you earn, say, $50,000 a ...


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Time: 18-12-19

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