3 ms·

Ah, that makes sense. Is that 120k/year for couples or just singles?

• Retric 16y ago
  The cap is per person. However, payouts increase by 50% for married couples where only one person worked. This is then cut in half if the spouse who worked dies. If the non working spouse dies then the worker is left with their normal benefit. Edit: Each benefit is considered independently, so if you both made the same amount then there is no increase in maximum payout, however you can take the spouses lower benefit early (62) and put off using your benefit till (67) which would increase your total payout assuming you lived to 85. PS: http://en.wikipedia.org/wiki/Social_Security_Wage_Base http://en.wikipedia.org/wiki/Social_Security_Wage_Base Ops, looks like they did not raise the cap so it's $106,800 in 2010.