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The 5 Biggest Social Security Changes on the Horizon in 2022

Christy Bieber notes that in 2022, Social Security will look different than it does this year.  While no change in the law occurred, updates and technical changes due to inflation mean every household needs to be prepared for the changes, as it’s not just retirees who could be affected.  The five are these:  1.) There’s a higher average benefit, increasing from $1,565 to $1,657 per month.  2.) There’s a higher maximum benefit, now $3,345 per month — up from $3,148 per month.  3.) There are new rules for Social Security taxes.  4.) There are new rules for earning work credits.  5.) The rules for working while getting benefits are changing.  Full piece here.



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