Howard Kossover: Monthly Social Security, SSI payments to go up for 63 million people
Q: What is the maximum amount of Social Security taxable earnings for 2014?
A: Related to the 2014 cost-of-living-adjustment, the maximum amount of earnings subject to Social Security tax will be $117,000 in 2014, up from $113,700 in 2013.
You will not see a change in Social Security tax paid unless working in 2014 and earning over the 2013 taxable earnings base of $113,700.
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