At what age do I stop paying into Social Security? | Ep.45
Georgia Safe Retirement Planners · Georgia Safe Retirement Planners
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Show Notes
Think you can stop paying into Social Security once you hit a certain age? Think again! In this episode, we dive into the often misunderstood rules around Social Security taxes and at what point, if ever, you can stop contributing.
Spoiler alert: as long as you’re earning an income—whether from a job or through self-employment—you are required to pay Social Security taxes, no matter your age. We’ll explore key factors like the lack of an age cutoff, how contributions are only required on income up to the annual wage base limit (set at $168,600 for 2024), and what it means for those who are self-employed.
Tune in to get the facts straight, especially if you're still working past retirement age and wondering how these rules impact you!