Social Security recipients will receive a 1.5 percent cost of living increase to their benefits next year while the maximum amount of a workers' pay subject be taxed for the purposes of Social Security will rise 2.9 percent.

NOT FOR REPRINT

© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.