Social Security is facing a financial shortfall that could lead to the program’s inability to pay full benefits to retiring Americans in about a decade. The program operates with two trust funds, one ...
In 2025, you'll pay a Social Security tax of 6.2% on the first $176,100 you earn -- up from the previous cap of $168,600 in 2024. Each year, the Social Security Administration (SSA) looks at the ...
Editor: The wealthy politicians who capped payment of Social Security taxes in 2025 to the first $176,000 of earnings continue to cheat the 99% of us who do not make $1 million a year. A millionaire ...
Social Security relies on payroll tax revenue to stay afloat. Some say that eliminating the wage cap will solve the program’s problems. That solution may not be as effective as people think. Are you ...
Social Security is facing a revenue shortfall that could lead to sweeping benefit cuts. Raising or eliminating the program’s wage cap could make the program more solvent. That won’t necessarily fix ...
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