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Social Security Announces Increase in Wage Base, Other Amounts (SSA Press Release; SSA Fact Sheet)

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CCH Tax Day Report The Social Security Administration (SSA) has announced that Social Security and Supplemental Security Income (SSI) benefits will increase by 0.3 percent in 2017. The rates for Old-Age, Survivors and Disability Insurance (OASDI) and Medicare Hospital Insurance (HI) taxes will remain at a combined 7.65 percent in 2017. Because of the increase, […]

The post Social Security Announces Increase in Wage Base, Other Amounts (SSA Press Release; SSA Fact Sheet) appeared first on Tax & Accounting Blog.


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