About 62 million Americans count on Social Security as a major source of their income, including more than 43 million…
About 62 million Americans count on Social Security as a major source of their income, including more than 43 million retired workers. Programmet er kritisk til økonomisk sikkerhed for disse amerikanerne, og det gjør årlige ændringer til programmet must-know news. Read on to learn about the biggest changes to Social Security next year.
In 2018, Social Security checks increased 2% due to Social Security’s annual inflation adjustment, and in 2019 recipients will see their Social Security increase by 2.8% siden 2011 og betalte siden 2012. Social Security estimater for ændringen vil hæve den gennemsnitlige månedlige betaling til modtagere til $ 1
,461, begyndelsen af december. 31. It also estimates the average married couple will receive $ 2,448 per month next year if both people are receiving benefits.
Workers with high incomes over their career could bring home more in Social Security if they retire in 2019. The maximum social security payable to retirement workers is increasing regardless of whether you retire at age 62, 65, or 70. The following table shows the year-over-year change to the maximum payable in Social Security, but do not get too excited.
|Maximum Social Security If You Retire in 2019|
|62||Maximum Social Security If You Retire in 2019|
|Age||2018||2019||] $ 2,159||$ 2,209||2.36%|
|65||$ 2,589||$ 2,757||6.49%|
|70||$ 3,698||$ 3,770||1.95%|
Payments to current Social Security recipients are funded primarily by payroll taxes on current workers’ income, and in 2019 maximum taxable earnings will increase to $ 132,900 from $ 128,400 in 2018. That’s a 3.5% increase. The bright side? The tax rate itself is not changing. It will remain 12.4%, split equally between employee and employer.
Retire earlier than that point and you can only collect 100% of your social security benefits if you wait to claim until normal retirement age. Your Social Security Benefit will be reduced based on the number of months early. You begin to draw your benefits.
Your full retirement age depends on the year in which you are born. For people born after 1954, it increases by two months every year to age 67 from age 66. In 2018, full retirement age was 66 and four months, so it will be 66 years and six months for people turning 62 in 2019.  No. 5: Du kan tjene 3,5% mer i 2019 uden en reduktion
Hvis du samler socialsikring, og du er yngre enn full pensjonsalder, da Social Security grenser, hvor mye penger du kan tjene uten at utløse en reduksjon. By 2019, the earnings test limit will increase to $ 17,640 from $ 17,040 in 2018. If your income exceeds the limit, then Social Security will withhold $ 1 for every $ 2 you earn above your Social Security checks.
However, a separate rule applies. Hvis du venter på full pensjonsalder i 2019, vil du kunne tjene opptil $ 46,920 i de månedene før normal pensjonsalder, men hvis du tjener mer enn det, så vil Social Security holde $ 1 for hver $ 3 over de limit. In 2018, the limit is $ 45,360.
Do not worry, though. Any money withheld because of the earnings test will increase the benefit you receive when you reach full retirement age. And, if you have already reached full retirement age, you are no longer subject to this test.
To calculate the benefit you will receive at full retirement age, Social Security justifies your highest 35 years of income for inflation and then calculates your average monthly income over those years. Then, it reduces that amount at specific income levels called bend points. Het bedrag van de verlaging tot gemiddelde inflatie-aangepaste maandverdiensten (AIME) is een vast percentage, maar de inkomstenpunten veranderen jaarlijks. In 2019, the first bend point is $ 926, up from $ 895 in 2018, and the second bend point is $ 5,583, up from $ 5,397 in 2018. The following table shows you how much credit you will get for AIME up to and beyond each bend point.
Fixed Percentages of Income Used in Bend Points Calculation
Up to First Bend Point
Between First and Second Bend Point
Above Second Bend Point
As I just mentioned, Social Security adjusts your historical income for inflation. Dit doet dit door zijn nationale gemiddelde loonindex, of AWI, met een twee-jaarslag. In 2017, the average wage was $ 48,251.57, which is 3.45% higher than $ 46.640.94 in 2016. Social Security multiplies the 2017 average wage by the 2016 AWI, which was $ 48,642.15. Then, it divides that figure by the 2016 average to arrive at an AWI of $ 50,321.89 for 2017.
For people turning 62 in 2019, Social Security multiplies earnings in years before 2017 by the ratio of $ 50,321.89 to the AWI for each respective year. For example, $ 50,321.89 divided by 2016’s AWI $ 48,642.15 is 1.0345, so your earnings in 2016 will be multiplied by 1.0345 to adjust them for inflation.
If this calculation makes your eyes glaze over, do not worry. Social Security doet al deze math automatisch voor u wanneer het bepaalt uw volledige pensioenvoordeel.
I tillegg til disse store ændringer i Social Security i 2019, bør du også være opmærksom på at Medicare Part B månedlige præmier stiger til $ 135,50 i 2019 fra $ 134 i 2018. Hvis du allerede betaler $ 134 monthly this year, then your Social Security increase will more than offset the Part B increase. Men hvis du betaler mindre i år, fordi du ikke kan betale del B præmier fra stigende i dollarbeløb ved mere end Social Security-kontrol i fortiden, så kan du se mest eller endda hele din Social Security-stigning go to Medicare Premiums.