2018 Social Security changes announced

Posted on Nov 13, 2017

Image courtesy of Stuart Miles at freedigitalphotos.net

The Social Security Administration stated there will be a 2 percent cost-of-living adjustment (COLA) to monthly Social Security and Supplemental Security Income benefits for 2018. This is the largest increase since 2012. Up to $128,700 in wages will be subject to Social Security taxes (up $1,500 from 2017).

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