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Social Security Announces 0.3 Percent Benefit Increase for 2017
U.S. Social Security Administration [SSA] 
[Official Guidance] Oct. 18, 2016 "Monthly Social Security and Supplemental Security Income (SSI) benefits for more than 65 million Americans will increase 0.3 percent in 2017.... [T]he maximum amount of earnings subject to the Social Security tax (taxable maximum) will increase to $127,200 from $118,500. Of the estimated 173 million workers who will pay Social Security taxes in 2017, about 12 million will pay more because of the increase in the taxable maximum." MORE >> |
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