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Several Social Security Cards on a US United States one hundred dollar bill $100 system of benefits for retired elderly people.

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Do Benefits Go Up Every Year?

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For 2025, income above $176,100 is not subject to payroll taxes.

The taxable maximum changes annually according to variations in the average wage index.

However, it can increase only when a COLA is payable, as it is most years.

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In 2025, the agency withholds $1 for every $2 earned over $23,400.

Benefits are never reduced upon reaching full retirement age, no matter how much you earn.

For 2025, the monthly SGA limit is $2,700 for blind individuals and $1,600 for non-blind recipients.

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