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An inflation adjustment boosts social security payments by 3.6% for more than 60M Americans, according to a SSA press release. In addition, the amount of earnings subject to Social Security tax has been increased to $110.1K from $106.8K - affecting 10M workers who will pay higher taxes due to the change.

An inflation adjustment boosts social security payments by 3.6% for more than 60M Americans, according to a SSA press release. In addition, the amount of earnings subject to Social Security tax has been increased to $110.1K from $106.8K - affecting 10M workers who will pay higher taxes due to the change. Post your comment!
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