Pamela Kweller RSSA Staff Every year there are changes to the Social Security program. And with more than 65 million Social Security beneficiaries, these changes impact a lot of people. Here are three significant changes that will take effect beginning January 2023. 1. Social Security beneficiaries will receive more money each month. There will…
Post Type Archives: Resources
Social Security just raised your 2023 Taxes by $818!
Norm Haug RSSA Staff Social Security just raised your 2023 Taxes by $818! That’s right! And nobody told you until now. If you earn more than $160,200, you will pay $818 more in payroll taxes in 2023. Additionally, your employer will also pay $818 more in payroll taxes in 2023. This is the largest…
The 2023 Social Security COLA is 8.7%
Pamela Kweller RSSA Staff The September 2022 Consumer Price Index (CPI) report was released today, providing the final calculation for the 2023 Social Security Cost of Living Adjustment (COLA). And the official 2023 Social Security COLA is a whopping 8.7 percent! According to the Social Security Administration, “The 8.7 percent cost-of-living adjustment (COLA) will…
Local Social Security Offices Reopen to the Public
It was just released that local Social Security offices will be restoring in-person services on Thursday April 7, 2022.
Four Obstacles Women Face When Planning for Retirement
Learn about the obstacles in a woman’s path to a financially secure retirement and learn what women can do combat these challenges.
How Employment Impacts Your Current and Future Social Security Benefits
If you are earning income while collecting Social Security, your benefit may be impacted.
Three things to know about Social Security taxes just in time for tax season
The 2022 tax filing season officially begins on Monday, January 24th. Here are three important things to know about Social Security and taxation.
Five Social Security Changes in 2022
Here are five changes to the Social Security program that will take effect beginning January 2022. The first one is an increase in benefits.
The 2022 Social Security Cost of Living Adjustment is 5.9 Percent
The Social Security Administration just announced the 2022 Social Security Cost of Living Adjustment (COLA) and it is a whopping 5.9 percent.
October is National Retirement Security Month
The Senate passed a resolution honoring the effort and re-confirmed October as the designated National Retirement Security Month.