3 weeks Forget COLA: This Is the Social Security Number Retirees Need to Know24/7 Wall St.
For much of the year, more Social Security beneficiaries focus on the cost-of-living adjustment (COLA). The COLA directly impacts retirees’ monthly benefits, increasing payouts to counter inflation. But for those aiming to maximize their Social Security income long-term, there’s another crucial number to know: the wage base limit. In 2024, Social Security set this limit […]
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