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A Look at Some of the 2024 Social Security Limit Changes
Potentially lost in the excitement of the 2024 COLA announcement, there are a number of limit changes ahead for Social Security participants next year. For example, there’s a higher taxable maximum for earners, along with a higher amount those filing for benefits before their full retirement age (FRA) can earn before benefit reductions kick in and a similar higher total earnings limit for those reaching their FRA in 2024. The Motley Fool’s Keith Speights, in a post on their website, outlines the new limits and how they impact workers and beneficiaries in the coming year. Check it out here.