Latest News
The Social Security Earnings Cap Through the Years
Ever wonder how the annual cap on wages subject to Social Security tax has evolved since the beginning? It hasn’t always changed each year, and it hasn’t always been indexed to any inflation indicators; nevertheless, it has grown from a starting point of $3000 in 1937 to $127,200 for 2017. The Motley Fool’s Sean Williams charts this growth year-by-year in an article posted today on www.fool.com…check it out here.
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.
