Latest News

What changed in 2024 for Social Security?

Stefon Walters covers a few changes that occurred, most automatically due to existing law, as there were no new federal enactments by Congress. The wage base increased such that now the first $168,600 is subject to payroll tax (from $160,200 in 2023). A cost of living adjustment of 3.2% took effect with January 2024 checks, though Medicare premium increases ate up $32 of any increase for those on that program. Lastly, two states no longer tax benefits. They are Nebraska and Missouri. But, 10 states still tax benefits. Full article here.

Notice: The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or

What's Your Opinion?

We welcome your comments. Join the discussion and let your voice be heard. All fields are required

Website by Geiger Computers