While SSA reserves are projected to be depleted by the early 2030s (around 2032–2035), benefits will not stop, but may be reduced to roughly 77–80% of current levels if Congress does not act.
Based on the available information, pptx file as of April 2026:
For those under Full Retirement Age (FRA) in 2026, the limit is $24,480/year ($2,040/month).
If filing as an individual, 50% of benefits are taxable if combined income is $25,000–$34,000, and up to 85% is taxable if over $34,000. Key presentation topics found in searches include:
The total FICA contribution is 12.4% (6.2% from workers, 6.2% from employers).