Maximum Social Security Taxes Will Increase 2.9%, While Benefits Will Rise 5.9% In 2022
Retirement Talk Podcast with Laura Stover
English - November 05, 2021 10:00 - 28 minutes - 39.1 MB - ★★★★ - 38 ratingsInvesting Business 401k business lifestyle ohio radio retired retirement financial investtalk laura Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: What you Need to Know About the Confusing Roth IRA 5 Year Rule
In 2022, we’ll see a major cost-of-living adjustment (COLA) benefit increase for retirees, along with a social security tax increase for high-earning workers. These increased numbers are the biggest we’ve seen in decades. In this episode, we’re discussing the numbers associated with these changes, how it impacts your retirement earnings, and when it goes into effect!
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