The 81-year history of Social Security's payroll tax. In 2017, the payroll tax applies to all wages earned between $0.01 and $127,200, which essentially means that more than 90% of all working ...

Importantly, RET amounts generally increase each year to account for changes in national wage levels. The trustee estimate ...

This is because Social Security will subject you to its retirement earnings test (RET) if you claim benefits early and earn ...

It's important to consider your financial situation, family situation, health and more to decide the best move for you.

Some people who receive Social Security Disability Insurance (SSDI) benefits also receive Supplemental Security Income (SSI). This benefit is also paid monthly, but the government does not send it ...

While a $100,000 salary might mean Social Security only replaces 33% of your income, the dollar amount of that benefit is still higher than it would be if you made $60,000 or $70,000.

Social Security benefits are based on your average monthly income over your 35 highest-earning years. However, Social Security caps the value of your annual earnings since there's a monthly ...

This is because Social Security will subject you to its retirement earnings test (RET) if you claim benefits early and earn over a certain limit. The earnings limit is $22,320 for 2024 if you don ...

Social Security spousal benefits allow people to receive benefits based on their partner's earnings record if one of the following applies: They're at least 62 years old They're caring for their ...

To get a better feel for how Social Security's maximum taxable earnings have grown throughout the years, here's an 81-year chart showing its progression: Data source: Social Security ...

M ore than 40% of pre-retirees and 25% of millennials plan for Social Security to provide the bulk of their retirement income, according to a 2017 Gallup poll. If you're one of the millions ...

Image source: Getty Images. People often think about their Social Security in terms of monthly or annual income, and people often devise plans to maximize their benefits.The desire to maximize ...