The Social Security Administration has announced a number of changes for 2014.
- Social Security must be paid on wages up to $117,000. The ceiling in 2013 was $113,700.
- Monthly Social Security and Supplemental Security Income (SSI) benefits will increase 1.5 percent beginning with benefits received in January 2014. Increased payments to SSI beneficiaries will begin on December 31, 2013.
- Medicare premiums will remain unchanged.
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