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The general Social Security earnings-test limit in 2025 is $23,400 (up from $22,320 in 2024). You'll have $1 in Social Security withheld for every $2 you earn above that limit.
The increase in 2025 will perhaps have the biggest impact on those earning between $168,600 and $176,100 per year, as you'll face Social Security tax on income that wasn't previously taxed in 2024.
With inflation improving, the nonpartisan Senior Citizens League (TSCL) projects the Social Security COLA for 2025 at 2.5% as of September, revised from its higher prediction of 2.57% in August.
The average retired worker's monthly Social Security benefit in August 2024 was $1,920.48. A 2.5% COLA translates to a monthly increase of $48.01. If the COLA were instead 3%, the monthly increase ...
The Social Security Administration will announce a new cost-of-living adjustment on Oct. 10, 2024, with the increase expected to be smaller than last year. Social Security COLA for 2025 predicted ...
In 2024, your income exceeds the limit by $7,680 -- reducing your benefits by $3,840 per year, or $320 per month. However, assuming your income doesn't change in 2025, those wages will only be ...
The Social Security Administration will announce the official RET limits for 2025 in the same press release as the COLA. But Social Security's Trustees estimate the lower limit will increase to ...
In 2025, the value of a single work credit will be $1,810, up from $1,730 in 2024. This is a number to pay attention to if you work part-time and are hoping to qualify for Social Security down the ...