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Recent Posts
- The 2020 Social Security Benefit Increase will be 1.6 Percent
- Do You Have to Pay Taxes on Your Social Security Benefits?
- Avoiding Identity Theft and Protecting Your Social Security Number
- 2018 Taxable Maximum Amount Announced by the Social Security Administration
- Kathleen Sindell, Ph.D. Recognized for UMUC Faculty Achievement
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Monthly Archives: December 2017
2018 Taxable Maximum Amount Announced by the Social Security Administration
Based on the wage data Social Security had at the time of the October 13, 2017, announcement, the maximum amount of earnings subject to the Social Security tax (taxable maximum) was to increase to $128,700 in 2018, from $127,200 in 2017. The new amount for 2018, based on updated wage data reported to Social Security, is $128,400. Continue reading
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