2014 Social Security Tax Wage Ceiling

October 31, 2013

This just in: 2014 Social Security Tax Wage Ceiling

The 2014 wage ceiling will be $117,000, up from $113,700 in 2013. Social Security benefits will increase by 1.5 percent as well.

More information, including details with respect to Medicare changes for 2014 and how the Social Security increases are calculated, is available on the SSA website--linked below

http://www.ssa.gov/pressoffice/pr/2014cola-pr.html

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