topnav.gif (4321 bytes)

2000 Social Security Wage Limits

 
THE WAY BENEFITS ARE COMPUTED NOW:
Overview
Limitations
Step 1 - Find The Normal Retirement Age
Step 2 - Calculate The Average Indexed Monthly Earnings
Step 3 - Calculate The PIA
Step 4 - Retirement Benefits For A Spouse
Current Year Wage & Benefits Maximums
Senior's Earning Limit Repealed

Wage Limits For Year 2000

Maximum annual wage subject to Social Security tax: $76,200

Maximum annual wage that someone
65 through 69 can earn without a reduction
of Social Security benefits: $17,000 (NOTE: This limit will probably be repealed as of 12/31/1999)

Maximum annual wage that someone
under 65 can earn without a reduction
of Social Security benefits: $10,080

Other Changes That Are New For 2000

Cost Of Living Adjustement (COLA): 2.4%

1998 Average Wage: $28,861.44

Dollar Amounts (Bend Points) In PIA Formula -
First: 531
Second: 3,202

 

 

| Home | Free Software | Other Sources | Contact Us |
| Current Benefits Computation | Reform | Reform Options | Search |

Phone: 1(303)796-7780 (Note: We are NOT the Social Security Administration!)
Copyright 1999-2016, Denver Tax Software, Inc.