Big Changes To Social Security In 2023

Big Picture Retirement

English - October 24, 2022 09:30 - 25 minutes - 26.1 MB - ★★★★★ - 366 ratings
Investing Business News Business News cfp investing retirement planner socialsecurity ssi taxes Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: Nothing (Legally) Last Forever

Next Episode: How A Bear Market Can Maximize Your Retirement

In today's episode, we talk about a few of the Social Security changes for 2023 that will have a significant impact to retirees.These changes include: The 2023 cost of living adjustment The 2023 Earnings Limit The 2023 Maximum Family Benefit Formula The amount needed to earn one credit The Windfall Elimination Provision (WEP) penalty The maximum taxable wage base The Substantial Gainful Activity (SGA) thresholds