2019 Social Security Increase

Social Security benefits will increase in 2019 by 2.8% for cost-of-living.  67 million Americans will benefit from the change.

Wages subject to Social Security tax will increase to $132,900 in 2019 (up from $128,400 in 2018).  This will cost high-income taxpayers an additional $279 in Social Security tax in 2019.  (That amount matched by the employer for a total additional cost of $558).