Oct 25, 2022

More COLA Numbers

     Social Security has published its complete Cost Of Living Adjustments. There's more than individual COLA adjustments to be computed. Here's some key numbers for 2023:

  • Attorney user fee: $113
  • FICA wage base: $160,200
  • Quarter of coverage amount: $1,640
  • Substantial gainful activity amount (non-blind): $1,470
  • Trial work period threshold: $1,050

3 comments:

Anonymous said...

Why does the user fee go up? Dumb dumb dumb.

Anonymous said...

Inflation. The real question is why it wouldn't go up.

Jim said...

Given the rate the FICA wage is going up, it feels like it won't be that long before it overtakes the proposed $400,000 threshold for additionally taxed wages.

Yeah, I know I'm conflating different limits, but I know you understand the irony anyway.