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2. Social Security Wage Base - Wikipedia

   en.wikipedia.org/wiki/Social_Security_Wage_Base

   It is also the maximum amount of covered wages that are taken into account when average earnings are calculated in order to determine a worker's Social Security benefit. In 2020, the Social Security Wage Base was $137,700 and in 2021 was $142,800; the Social Security tax rate was 6.20% paid by the employee and 6.20% paid by the employer. [1][2 ...

3. Social Security (United States) - Wikipedia

   en.wikipedia.org/wiki/Social_Security_(United...

   By 2035, the ratio of potential retirees to working age persons will be 37 percent – there will be less than three potential income earners for every retiree in the population. At that rate the Social Security Trust Fund would be exhausted by 2036. [214] In 2024, the estimated year in which funds would be exhausted was 2035. [30] [31] [32] [33]

4. History of Social Security in the United States - Wikipedia

   en.wikipedia.org/wiki/History_of_Social_Security...

   In 2009, nearly 51 million Americans received $650 billion in Social Security benefits. The effects of Social Security took decades to manifest themselves. In 1950, it was reported that as many as 40% of Americans over 65 were still employed in some capacity, but by 1980 that figure had dropped to less than 20%.

5. What Are the Medicare Income Limits in 2024? - Healthline

   www.healthline.com/health/medicare/medicare...

   If this is your filing situation, you’ll pay the following amounts for Part B in 2024 (based on your 2022 tax return): $174.70 per month if you made $103,000 or less. $559.00 per month if you ...

6. The Additional Medicare Tax: What It Is and Who Pays It

   www.healthline.com/health/medicare/additional...

   The Additional Medicare Tax is a 0.09% tax on taxpayers who make over $200,000 as individuals or $250,000 as married couples. Started in 2013 as a part of the Affordable Care Act, it helps fund ...

7. How Social Security benefits are calculated - AOL

   www.aol.com/finance/social-security-benefits...

   Here are the bend points for calculating a worker’s benefits in 2024. The benefit is the sum of the following elements: 90 percent of the first $1,174 of averaged indexed monthly earnings. 32 ...