The Social Security program is primarily funded through Social Security payroll taxes. The current tax is 12.4%, with employers and employees each paying 6.2%. If you're self-employed or an ...

Social Security beneficiaries receiving payments in 2026 can expect about $56 more every month, a new tax deduction that will lower seniors' taxes, and modernization updates to the agency.

The good news for higher earners is that not all income is subject to the Social Security tax; only income up to a specific ...

One thing you can count on for Social Security is constant changes. Some changes are expected, while others are a surprise. In either case, most of the changes are only relevant to those in or ...

Social Security recipients are going to see an annual cost-of-living adjustment (COLA) of 2.8% for 2026. They'll also see a boost in the wage base limit -- the max income subject to Social Security ...

Social Security calculates your monthly benefits using the 35 years when your earnings were the highest. You need to earn above the wage base limit for 35 years to be eligible for the maximum benefit.

The transition from the 2025 fiscal year into 2026 represents a pivotal juncture for the nearly 71 million Americans who rely on Social Security benefits. This period is characterized not merely by ...

The average Social Security retirement beneficiary is expected to receive a monthly payment of about $2,064 in 2026, based on the most recent data provided by the Social Security Administration. But ...