Social Security: What’s New in 2017
Why It Matters:
• Social Security isn’t static. Many years there are adjustments and changes.
• For 2017, there is an increase to how much earnings are subject to Social Security taxes, which could affect high-wage earners.
• Social Security benefits adjust for inflation, but you may be surprised by how small that adjustment can be.
For 2016, there were some pretty big adjustments to Social Security. This…