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Social Security Announces Benefit and Wage Base Increases for 2013; Benefits Up 1.7%
U.S. Social Security Administration [SSA] 
[Official Guidance] Oct. 16, 2012
"Monthly Social Security and Supplemental Security Income (SSI) benefits for nearly 62 million Americans will increase 1.7 percent in 2013 ... [T]he maximum amount of earnings subject to the Social Security tax (taxable maximum) will increase to $113,700 from $110,100. Of the estimated 163 million workers who will pay Social Security taxes in 2013, nearly 10 million will pay higher taxes as a result of the increase in the taxable maximum."
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