Social Security has been around for decades, but the program still undergoes its share of changes from year to year. Here are a few changes that could impact your finances in 2022. 1.

A few days ago, the Social Security Administration released a laundry list of changes to the program that'll take effect in 2022. Beneficiaries are set to receive their biggest monthly "raise" in ...

In 2022, you only pay Social Security taxes on the first $147,000 you earn that year. This is likely going to increase in 2023, so high earners will owe more taxes to the government.

In 2022, employees had to pay Social Security taxes on annual income up to $147,000. In 2023, the threshold rises to $160,200, meaning neither you nor your employer will have to pay Social ...

In 2022, the maximum earnings subject to Social Security taxes was $147,000. That is, workers paying into the system are taxed on wages up to this amount, typically at the 6.2% rate.

Published: Nov. 28, 2022, 6:59 a.m. More than 70 million Social Security recipients are in line for an 8.7% increase in 2023, the largest cost-of-living-adjustment in more than 40 years. By ...

Here are some key changes to Social Security happening next year – and what you need to know. ... With inflation soaring in 2022, the extra money will help seniors and others make ends meet.