Social Security Tax Limit 2020

"What is the social security tax cap for next year"

The Social Security tax limit, or the wage base is the maximum amount of earnings subject to the Social Security payroll tax. If you are currently working, you and your employer each pay 6.2% of wages in Social Security taxes per paycheck. There is, however, an income limit beyond which the 6.20% tax does not … Read more

Will there be a Social Security Increase in 2020?

"Will there be a Social Security increase"

Last updated on November 25, 2019 For the more than 68 million people on Social Security and Supplemental Security Income, one of the most asked questions and most-watched announcements is this: Will Social Security get a raise? We have detailed the answer below on whether there will be a social security increase in 2020 or … Read more

Which States tax Social Security benefits in 2024?

"The 13 States that Tax Social Security"

Social Security Benefits may be taxable both at the federal and state level. Whether federal taxes will tax your benefits depends on your combined income, and whether state taxes will tax your benefits depends on the state in which you live. In this post, we will highlight the 11 states that tax Social Security benefits. … Read more

2019 Disability Calendar – When Will I Get Paid?

"Social Security Disability Calendar"

If you are receiving Social Security Disability benefits, knowing when your payments will be deposited each month is crucial to financial planning. In this post, we will explain how the 2019 Disability Calendar and when you can expect to be paid. For SSI payment calendar, click here. This Post will Cover: Electronic Delivery of Disability … Read more