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Social Security’s costofliving adjustment for 2025 could be the lowest in five years The from thebusinesstimes.co.uk
of 2023 through the third quarter of 2024, Social Security and Supplemental Security Income (SSI) beneficiaries will receive a 2.5 percent COLA for 2025 In 2024, you only paid these taxes on your first $168,600 in earnings.
Social Security’s costofliving adjustment for 2025 could be the lowest in five years The The information on this website is not legal advice. "The Social Security adjustments for 2025 reflect our commitment to maintaining the program's long-term stability while ensuring benefits remain fair and responsive to economic conditions," the agency said in a statement. This contribution is paid on earnings up to $176,100
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