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Yearly Adjustments to Social Security - The Motley Fool
There are some standard built in changes that happen with Social Security every year:
Benefits increase due to the COLA increases
The amount needed to qualify for an earned credit increases
The earnings limit, which is the amount you can earn without affecting your benefits when claiming before FRA, increases
Your Full Retirement Age increases (it is 66+10 for those turning 66 in 2025)
The income ceiling subject to Social Security taxes increases
Christy Bieber for The Motley Fool explains the details here…
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