Social Security

Social Security Max Goes Up In 2017

The maximum amount of earnings subject to the Social Security payroll tax will climb to $127,200 an increase of $8,700 from 2016.  the Social Security Administration (SSA) announced on Oct. 18. 12 million worker will increase their contribution. This adjustment, which takes effect Jan. 1, is based on the government’s estimate of real wage growth… Read more »

Posted on October 27, 2016 by Rick Rossignol