Today the SSA announced a 1.7% cost-of-living adjustment (COLA) for benefits, payable as of January 2013. Last year the COLA was larger at 3.6%, although no COLAs were paid in 2009 or 2010.
The maximum taxable wage for Social Security also will rise to $113,700, from the 2012 value of $110,100.
Click here for more information from SSA.
Posts
No comments:
Post a Comment