Social Security’s payroll tax cap was raised nearly 9% for 2023, meaning more income will face Social Security taxes next year, but the rise is unlikely to affect the solvency of the trusts underpinni...
Tag: Securitys
These 10 Dividend Growing Stocks Are Crushing Social Security’s 8.7% Cost Of Living Adjustment
Broadcom’s dividend payments have grown almost 30-fold in the last 10 years. Getty Images Social security recipients are getting some relief from rising inflation next year with an 8.7% raise to...
Social Security’s retirement age is 70
An informal survey of staff at the Center for Retirement Research asking “What is the current retirement age for Social Security?” produced a range of responses. About half — mostly the “old hands” —...
It’s time to get rid of Social Security’s not-so-hidden tax
End the Social Security double tax Now comes the news that about half of Social Security beneficiaries expect to be taxed on their benefits this year. So reports The Senior Citizens League, a group th...