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2008 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Senior's Earning Limit Repealed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 2008

Maximum annual wage subject to Social Security tax: 102,000

Maximum annual wage that someone
under 65 can earn without a reduction
of Social Security benefits: 13,560

Other Changes That Are New For 2008

Cost Of Living Adjustement (COLA): 2.3%

2006 Average Wage: 38,651.41

Dollar Amounts (Bend Points) In PIA Formula -
First: 711
Second: 4,288

2007 Wage & Benefit Page

2006 Wage & Benefit Page

2005 Wage & Benefit Page

2004 Wage & Benefit Page

2003 Wage & Benefit Page

2002 Wage & Benefit Page

2001 Wage & Benefit Page

2000 Wage & Benefit Page

 

How to maximize your Social Security Retirement Benefits

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