Posts tagged cola
2017 Hidden Tax Hike

The increase in the earnings limit for social security represents the largest one-year increase in history.  The maximum social security tax is jumping from $7,346 in 2016 to $7,886 in 2017 for employees.  There is a larger increase for the self-employed as their social security taxes will be increased from $14,694 to $15,773 in 2017.  

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