News

Social Security Releases 2016 COLA and Benefit Amounts

10-16-2015 |

Social Security benefits do not increase, and the taxable Wage Base for 2016 is $118,500.

WASHINGTON – The Social Security Administration did not increase benefits for 2016. The maximum amount of earnings subject to the Social Security tax will not increase from $118,500. 



Social Security Press Release
 

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