BOOK A CALL WITH RALPH
Ask Ralph: Christian Finance

Why Is There a Cap on Social Security Benefits?

Social Security aims to provide a basic income for retirees, not fully replace high incomes. The cap maintains this principle and limits the maximum benefit. Remember, the earnings cap increases annually to match inflation. #SocialSecurity #RetirementIncome #EarningsCap #FinancialPlanning #InflationAdjustments