What changes are coming to Social Security in 2022?

What changes are coming to Social Security in 2022?

To earn the maximum of four credits in 2022, you need to earn $6,040 or $1,510 per quarter. Maximum taxable wage base is $147,000. If you turn 62 in 2022, your full retirement age changes to 67. If you turn 62 in 2022 and claim benefits, your monthly benefit will be reduced by 30% of your full retirement age benefit. Jan 10, 2022

See also  Who has the best health system in the world?