Wage Limits For Year 2001

Maximum annual wage subject to Social Security tax: $80,400

Maximum annual wage that someone
under 65 can earn without a reduction
of Social Security benefits: $10,680

Other Changes That Are New For 2001

Cost Of Living Adjustement (COLA): 3.5%

1999 Average Wage: $30,469.84

Dollar Amounts (Bend Points) In PIA Formula -
First: 561
Second: 3,381