The Social Security Administration recently released their updated fact sheet for 2019.
The updates include:
The updates include:
- The Social Security Wage base is increasing from $128,400 in 2018 to $132,900 in 2019.
- The Nanny tax threshold will remain unchanged at $2,100.
- The cost-of-living adjustment (COLA) is 2.8% for 2019, the largest increase since 2011.
