Social Security's wealthiest beneficiaries take in $4,873 per month from the program in 2024. That's more than $58,000 annually. Some households may even get more if they have more than one person claiming benefits.

Social Security payroll tax limit increases for 2025. Here's how that may affect you. In 2025, millions of retired Americans will see a 2.5% cost-of-living adjustment for benefit payments, according to the Social Security Administration. But a lesser-known tax change will also impact higher-income workers.

Below, we'll detail the specifics of the 2025 COLA increase and what it means for you. For more, here's our essential Social Security cheat sheet, and don't miss the Social Securi