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Maurie Backman

Reporter · US

Indexed articles, last 90 days
326
Latest publication
Oct 1, 2026
Outlet visibility, for yahoo.com
Top 1K sites
Earliest in this view
Jul 3, 2026

Latest articles

  1. Article · Oct 1, 2026 · Maurie Backman

    The Social Security Tax Cap That Lets Million-Dollar Earners Stop Paying by March (opens the original)

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    Not every worker pays Social Security taxes all year long, and the reason why has sparked a fierce debate in Congress over the future of the program itself. This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Social Security taxes are something most workers are resigned to paying all year. Wages up to a certain limit are subject to a 12.4% tax rate, split evenly between employers and employees. But some wo

  2. Article · Oct 1, 2026 · Maurie Backman

    The Social Security Tax Cap That Lets Million-Dollar Earners Stop Paying by March - AOL (opens the original)

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    Social Security taxes only apply to wages up to $184,500 in 2026, letting million-dollar earners stop paying as early as March. Eliminating the tax cap could boost Social Security funding but may require raising maximum benefits, reducing the program's net gain. Forcing high earners to pay more without raising their benefits would shift Social Security from an earned-benefit program toward welfare. Building a portfolio and living off one are two completely different skills, and almost nobody tea

  3. Article · Oct 1, 2026 · Maurie Backman, The Motley Fool

    Be Careful Claiming Social Security at 70. The Math Won't Always Work Out in Your Favor. - AOL (opens the original)

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    Age 70 is generally considered the latest point to sign up for Social Security. Your benefits could get a 24% increase compared to filing at full retirement age. Make sure you're in a position to come out ahead financially after waiting. The $23,760 Social Security bonus most retirees completely overlook › Signing up for Social Security is one of the most important retirement decisions you might make. While your monthly benefit is based on your personal wage history, your filing age also plays a

  4. Article · Oct 1, 2026 · Maurie Backman

    The $65,160 Social Security Earnings Limit That Only Applies the Year You Reach Full Retirement Age - AOL (opens the original)

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    In 2026, workers reaching FRA by Dec. 31 can earn up to $65,160 before losing any Social Security, versus just $24,480 for others. Above the $65,160 threshold, only $1 is withheld per $3 earned, a more lenient rate than the $1-per-$2 ratio for younger filers. Withheld benefits return as larger checks at FRA, but filing early permanently reduces monthly payments, which is a far more damaging long-term consequence. Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor) B

  5. Article · Oct 1, 2026 · Maurie Backman

    Social Security’s COLA Announcement Drops Oct. 14, but That’s Not the Only Reveal Happening That Day - AOL (opens the original)

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    On October 14, the SSA will officially announce the 2027 COLA, currently estimated at 3.5% to 3.6%, up from this year's 2.8%. Retirees working before full retirement age will see an increased earnings test limit, allowing them to earn more before benefits are withheld. The Social Security wage cap will likely rise above $184,500 in 2027, meaning higher earners could owe more in Social Security taxes. Building a portfolio and living off one are two completely different skills, and almost nobody t

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