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  3. Social Security Administration announces a 2% increase in benefits for 2018

Social Security Administration announces a 2% increase in benefits for 2018

Submitted by Asset Advisory Group on October 17th, 2017

The Social Security Administration announced a 2% increase in benefits for 2018, its largest cost of living adjustment since 2012.  In addition, they raised the ceiling on earnings subject to the Social Security payroll tax to $128,700 from $127,200.  Click Here for the full article.

A table of all the changes can be found here.

 

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