But Social Security benefits themselves aren't the only thing that get adjusted for inflation. The system of taxing wages for ...
Social Security benefits are eligible for a cost-of-living adjustment, or COLA, each year. The purpose of COLAs is to help ...
Social Security is facing a financial shortfall that could lead to the program’s inability to pay full benefits to retiring Americans in about a decade. The program operates with two trust funds, one ...
After a year of market swings and slowly creeping inflation, high-income earners will see a subtle but costly change in 2026: ...
A new proposal would cap annual Social Security cost-of-living adjustments for top earnings beneficiaries, potentially closing 10% of the program’s funding gap.
In 2025, you'll pay a Social Security tax of 6.2% on the first $176,100 you earn -- up from the previous cap of $168,600 in 2024. Each year, the Social Security Administration (SSA) looks at the ...
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Each month, the American workforce sees a chunk of their ...
To answer the questions of whether it is possible to save the OASI program by changing the maximum amount of wages subject to the OASI payroll tax and what effect higher taxes would have on the ...