Your full retirement age (FRA) is when you're eligible to receive your base monthly Social Security benefit, called the ...

In fact, the maximum possible Social Security benefit in 2025 is $5,108 per month, which equals $61,296 per year in inflation ...

the Social Security Administration (SSA) said Thursday. The amount, an increase from $168,600 in 2024, is the wage base limit that applies to earnings subject to the 6.2% OASDI tax (old age, survivors ...

If you want to get the most out of the program, there are a few steps you need to take before you sign up so you can optimize ...

That is due to the Social Security tax limit or "wage base," which is the maximum amount of earnings subject to Social Security tax. These taxes fund the Social Security program, which provides ...

Specifically, individuals must have earned at or above the Social Security taxable wage base for at least 35 years. In 2025, this wage base is $176,100, up from $168,600 in 2024. Few individuals ...

But for those aiming to maximize their Social Security income long-term, there’s another crucial number to know: the wage base limit. In 2024, Social Security set this limit at $176,100 ...

I usually have a strong opinion on issues in my sphere, but have been going back and forth about one component likely to be in any package to fix Social Security: increasing the taxable wage base.

The Social Security Administration on Oct. 10 unveiled a higher threshold for earnings subject to Social Security payroll taxes, known as the "taxable maximum" or "wage base." The limit shifts ...

It’s important to note that you will only get credit for earnings up to the Social Security wage base of $168,100 in 2024. Anything over that is irrelevant. So, if you are earning $300,000 ...

The Social Security Administration (SSA) just announced two key 2025 adjustments: the Social Security COLA (cost of living adjustment) and the new Social Security tax limit. While you’ve likely ...

In 2025, millions of retired Americans will see a 2.5% cost-of-living adjustment for benefit payments, according to the Social Security Administration. But a lesser-known tax change will also ...