Monthly Social Security and Supplemental Security Income (SSI) benefits will see a slight increase in 2017. Some other adjustments that take effect in January of each year are based on the increase in average wages. Based on that increase, the maximum amount of earnings subject to the Social Security tax (taxable maximum) will increase to $127,200 from $118,500. Of the estimated 173 million workers who will pay Social Security taxes in 2017, about 12 million will pay more because of the increase in the taxable maximum.
The holiday season is upon us, bringing with it family gatherings and familiar traditions. As you bustle about from place to place, sharing turkey dinners and catching up with loved ones, thereâ€™s one errand you can avoid â€” a visit to the Social Security office. Why take time out of your busy holiday schedule to visit an office when you can conduct most of your business online?
This is the season of caring. No matter your religion or belief, December is also considered a time to focus on the children we love. Whether weâ€™re wrapping Santaâ€™s gifts, buying Hanukkah treats, decorating the house in celebration of Kwanzaa, or volunteering for a toy drive, children add joy to the holiday season. And we at Social Security definitely know a thing or two about helping children.
Today, the Social Security Administration announces the launch of a new Health IT initiative with the Department of Veterans Affairs (VA) that enables all Social Security disability case processing sites to receive medical records electronically from all VA facilities.Â