Ss Taxable Wage Base 2025. When ssa releases the final social security taxable wage base number for 2025, likely in october, we’ll let you know. This amount is also commonly referred to as the taxable maximum.
We call this annual limit the contribution and benefit base. For employers that want to look further.
For Employers That Want To Look Further.
The social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600.
The Sui Taxable Wage Base Is $17,000 In 2022, $20,400 In 2023, $23,800 In 2024, And $27,200 In 2025.
The 2024 social security wage base is $168,600, up from the 2023 limit of $160,200.
Ss Taxable Wage Base 2025 Images References :
The Current Tax Rate For Social Security Is 6.2% For The Employer And 6.2% For The Employee, Or 12.4% Total.
The oasdi tax rate for wages paid in 2024 is set by statute at 6.2 percent for employees and.
This Amount Is Also Commonly Referred To As The Taxable Maximum.