Mayor Muriel Bowser. All DC DMV locations will be closed on April 15 and April 17 in observance of Emancipation Day. Adjudication Services has moved to 955 LâEnfant Plaza, SW. The location at 301 C Street, NW has closed permanently.
Social Security applies a formula to your average lifetime earnings to calculate the amount of your monthly check. The average SSD payment is currently $1,165. The highest dollar amount you can receive from SSD monthly in 2015 is $2,663. SSI. The SSI program currently pays a maximum benefit of $733 a month if you are single or $1,100 a month for a couple. This is the total amount you are eligible to receive, but it will be reduced by certain other benefits or income you may receive.
The maximum Social Security tax in 2017 will be $7,886.40 per employee, which represents a pretty big increase over 2016. Thatâs the simple answer. Below, find out why the maximum Social Security tax is increasing so much, whether the increase will affect you, and what to expect in the coming years.