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Social Security Wage Cap and Benefit Amounts Increase for 2022

Nov 30, 2021 | Social Security, Taxes

For 2022, the Social Security wage cap will be $147,000, and Social Security and Supplemental Security Income (SSI) benefits will increase by 5.9 percent. These changes reflect cost-of-living adjustments to account for inflation. Wage Cap for Social Security TaxThe...
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