Big Picture Retirement · 25 minutes · 4 months ago

Big Changes To Social Security In 2023

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In today's episode, we talk about a few of the Social Security changes for 2023 that will have a significant impact to retirees.These changes include:

The 2023 cost of living adjustment
The 2023 Earnings Limit
The 2023 Maximum Family Benefit Formula
The amount needed to earn one credit
The Windfall Elimination Provision (WEP) penalty
The maximum taxable wage base
The Substantial Gainful Activity (SGA) thresholds

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