06 Jun Know your Future Social Security Benefits
Challenge:
Want to know you Future Social Security Benefits?
Solution:
Login to www.SSA.Gov and get a Current Social Security Statement!
Steps to take:
1. Go to SSA.Gov
2. Click “my Social Security”.
3. Click “Sign In”.
4. Either sign in with me, Login.gov, or with your Social Security Username and Password.
5. Click “Your Social Security Statement and Fact Sheets”.
6. Click “Your Social Security Statement”.
7. Open the file that was just downloaded and there is your Social Security
.
Key Things to Know:
– FRA means Full Retirement Age.
– The 2025 taxable maximum limit is $176,000 of wages and the tax rate is 6.2% for employee and employer Social Security contributions.
– The 2025 COLA increase for all Social Security benefits was 2.5%.
– The 2025 earning limitation is $23,400 a year when receiving Social Security benefits before FRA.
– One dollar will be withheld for every $2 in earnings above the limit.
For a downloadable copy of this page, Click Here
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