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  2. Social Security Administration - Wikipedia

    en.wikipedia.org/wiki/Social_Security_Administration

    The United States Social Security Administration (SSA) [2] is an independent agency of the U.S. federal government that administers Social Security, a social insurance program consisting of retirement, disability and survivor benefits. To qualify for most of these benefits, most workers pay Social Security taxes on their earnings; the claimant ...

  3. History of Social Security in the United States - Wikipedia

    en.wikipedia.org/wiki/History_of_Social_Security...

    The Social Security Act was enacted August 14, 1935 (89 years ago). The Act was drafted during President Franklin D. Roosevelt's first term by the President's Committee on Economic Security, under Frances Perkins, and passed by Congress as part of the New Deal.

  4. Social Security (United States) - Wikipedia

    en.wikipedia.org/wiki/Social_Security_(United...

    In the United States, Social Security is the commonly used term for the federal Old-Age, Survivors, and Disability Insurance (OASDI) program and is administered by the Social Security Administration (SSA). [ 1 ] The Social Security Act was passed in 1935, [ 2 ] and the existing version of the Act, as amended, [ 3 ] encompasses several social ...

  5. Here’s Why Your Social Security Break-Even Age Is So Vital

    patch.com/us/across-america/what-your-social...

    Your break-even age is 78 and eight months ($42,000 ÷ $3,600 = 11.67 years + 67 = 78 years and 8 months). By calculating your break-even age, you can determine other factors like health or ...

  6. List of Social Security legislation (United States) - Wikipedia

    en.wikipedia.org/wiki/List_of_Social_Security...

    1945 - Revenue Act of 1945, Pub. L. Tooltip Public Law (United States) 79–214. 1946 - Social Security Amendments of 1946, Pub. L. Tooltip Public Law (United States) 79–719. 1947 - Social Security Amendments of 1947, Pub. L. Tooltip Public Law (United States) 80–379. 1948 - Provision for Exclusion of Certain Newspaper and Magazine Vendors ...

  7. The 2025 Social Security COLA Forecast Just Decreased. Here's ...

    www.aol.com/2025-social-security-cola-forecast...

    Seniors should brace for a smaller 2025 COLA. Based on August's CPI-W reading, the nonpartisan Senior Citizens League is projecting that 2025's Social Security COLA will amount to 2.5%. This is a ...

  8. 3 Big Social Security Changes Coming in 2025 May Surprise ...

    www.aol.com/3-big-social-security-changes...

    That means most workers will pay up to 6.2% of $168,600 in Social Security taxes this year, so they could owe as much as $10,453.20. The updated maximum taxable earnings limit for 2025 will not be ...

  9. Social Security Wage Base - Wikipedia

    en.wikipedia.org/wiki/Social_Security_Wage_Base

    In 2020, the Social Security Wage Base was $137,700 and in 2021 was $142,800; the Social Security tax rate was 6.20% paid by the employee and 6.20% paid by the employer. [1][2] A person with $10,000 of gross income had $620.00 withheld as Social Security tax from his check and the employer sent an additional $620.00.

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