Social Security Limit


Social Security and Supplemental Security Income (SSI) benefits will increase 1.3 percent in 2021.


The maximum amount of earnings in 2021 subject to the Social Security tax (taxable maximum) will increase to $142,800. Note that this applies to workers who earn income, not those taking in investment gains.

Terry McGoldrick 
President / Business Manager / Financial Secretary
Bill Phillips
Vice President / Senior Assistant Business Manager

IBEW LOCAL 15 | 6330 Belmont Road,  Suite 1 | Downers Grove,  IL 60516

Union Office - (630) 515-0381 | Union Fax - (630) 515-0835

 

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