How Social Security cost-of-living adjustments change benefits this year
Retiree benefits increase and so do taxes for high-income workers.
Starting this month, more than 58 million Social Security recipients will see a slight increase in their monthly retirement and survivor benefits — up 1.7% from last year — while high-income workers will pay up to $114.75 more in payroll taxes.
The maximum Social Security benefit for so
Learn more about reprints and licensing for this article.