2024 Social Security Changes Fact Sheet. January 2024 marks when other changes will happen based on the increase in the national average wage index. The 2024 trustees reports indicate a need for substantial changes to address social security’s and medicare’s financial challenges.
The maximum social security tax jumped from $9,932 to $10,453. The most important day of the year for social security’s nearly 67 million beneficiaries has come and gone.
