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But as upset as seniors may be about a 2.5% COLA, there's a chance 2026's Social Security raise will be even lower. And that's something beneficiaries should gear up for now. Why the news may not ...
The program's income cap — the threshold above which earnings aren't taxed for Social Security — will rise to $176,100 next year, up from $168,600 in the current calendar year.
The big Social Security news from the last couple of months has been the 2025 COLA, which came in at 2.5%. ... greater tax revenue and increase benefits available to retirees, among other things ...
By now, all seniors on Social Security should have gotten their first checks for 2025. With the latest 2.5% cost-of-living adjustment (COLA) in effect, the average benefit has climbed to $1,976 ...
As part of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 enacted on December 17, 2010, the employee Social Security tax rate is reduced from 6.2% to 4.2% for wages paid during the year 2011 and 2012. The employer Social Security tax rate and the Social Security Wage Base were not directly impacted by this ...
Source: Social Security Administration. The projected 2025 COLA for Social Security is 2.5%, according to an emailed September 11 TSCL press release, resulting in another drop.
Citizen-initiated constitutional amendment: Question 6: Abortion before fetal viability (affirming the 2024 referendum); Citizen-initiated constitutional amendment: Question 7: Require provision of photo identification for in-person voting or provision of the last four digits of their driver’s license or Social Security number when voting by mail
Base rates in Buncombe, Watauga and Yancey counties, for example, will increase by 4.4% in 2025 and 4.5% in mid-2026. Among highly populated areas, base rates in Raleigh and Durham will increase on average by 7.5% in each of the next two years. In Charlotte, rates would increase by 9.3% in 2025 and by 9.2 % in 2026.