COLA Increase 2022 Social Security – Exact date, payments will be sent out revealed as $ 1,657 checks arriving in days
COLA Increase 2022 Social Security – Exact date, payments will be sent out revealed as $ 1,657 checks arriving in days

COLA Increase 2022 Social Security – Exact date, payments will be sent out revealed as $ 1,657 checks arriving in days

Social security full benefits

Your full social security benefit depends on the age at which you retire.

If you retire at age 67, which is the full retirement age, in January 2022, your maximum benefit will be $ 3,345.

If you retire at age 62 in 2022, your maximum benefit will be $ 2,364, according to Social Security Administration.

If you retire as a 70-year-old in 2022, your maximum benefit will be $ 4,194.

SSA also confirmed that the maximum amount of earnings is subject to Social Security tax would rise this month.

This will increase from $ 142,800 to $ 147,000 after an increase in the average salary.


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