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Current Social Security Wage Limits

 
THE WAY BENEFITS ARE COMPUTED NOW:
Overview
Limitations
Step 1 - Find The Normal Retirement Age
Step 2 - Calculate The Average Indexed Monthly Earnings
Step 3 - Calculate The PIA
Step 4 - Retirement Benefits For A Spouse
Current Year Wage & Benefits Maximums
Senior's Earning Limit Repealed

Wage Limits For Year 2006

Maximum annual wage subject to Social Security tax: $94,200

Maximum annual wage that someone
under 65 can earn without a reduction
of Social Security benefits: $12,480

Other Changes That Are New For 2006

Cost Of Living Adjustement (COLA): 4.1%

2003 Average Wage: $35,648.55

Dollar Amounts (Bend Points) In PIA Formula -
First: 656
Second: 3,955

2005 Wage & Benefit Page

2004 Wage & Benefit Page

2003 Wage & Benefit Page

2002 Wage & Benefit Page

2001 Wage & Benefit Page

2000 Wage & Benefit Page

 

 How to increase your Social Security Retirement Benefits

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